13th NYMEX crude oil ** rose 2.3% to US$90.21 a barrel

International Energy Newsletter: As a result of the Atlantic storm, the United States has reduced its crude oil imports. Market participants expect U.S. crude oil inventories to continue to decline, and New York’s light crude oil prices have risen to over $90 a barrel. At the same time, the decline in the U.S. dollar exchange rate has also increased the attractiveness of the dollar-denominated commodities to the market. The news of the resumption of production of Libya dragged down Brent crude oil prices. Tuesday (September 13) New York Mercantile Exchange West Texas Light Oil October 2011 ** Settlement price US$90.21 per barrel, up US$2.02 over the previous trading day, trading range 87.81-90.52 USD; London Intercontinental Exchange Brent crude oil in October 2011 ** settled at $ 111.89 a barrel, down $ 0.36 from the previous trading day, trading range of 111.28-113.3 US dollars.

The data released by the American Petroleum Institute after the close of European and American crude oil prices showed that US crude oil inventories continued to decrease. In the week ending September 9, US crude oil inventories fell by 5.052 million barrels; gasoline inventories rose by 2.785 million barrels; distillate oil stocks increased by 67,000 barrels.

Analysts had generally expected US crude oil inventories to decline. The Dow Jones Newswires survey on Tuesday showed that crude oil inventories fell by 3.1 million barrels last week, gasoline inventories fell by 500,000 barrels, distillate stocks increased by 500,000 barrels, and refinery utilization fell by 0.9%. The 13 analysts surveyed by Dow Jones all thought that US crude oil inventories fell. The survey results ranged from 5 million barrels of crude oil inventories to 1.5 million barrels of declines. Reuters updated survey shows that last week, crude oil inventories fell by 3.1 million barrels, gasoline inventories fell by 500,000 barrels, and distillate stocks increased by 700,000 barrels. According to Bloomberg's median survey of 14 analysts, US crude oil inventories may decline by 3,501,000 barrels last week and gasoline inventories may decrease by 500,000 barrels.

The U.S. Energy Information Administration will release weekly oil supply and demand data on Wednesday.

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