In the New York crude oil market on the 28th, international crude oil futures prices temporarily fell to the $73 per barrel level due to the expectation that demand for crude oil would decline due to protests against China's "zero corona" policy. , updated the lowest price for this year.
In the New York crude oil market on the 28th, the futures price of WTI, which is an index for international crude oil trading, temporarily fell to the $73 per barrel level, renewing the lowest price of this year.
In the background, there is a widespread view that the economy will slow down due to a series of protests against China's "zero corona" policy, which entails strict restrictions on movement, and the demand for crude oil will decline.
In the crude oil market, there were speculations that the OPEC Plus, which is made up of major oil-producing countries, would cut production at a meeting scheduled for the 4th of next month. It has become a rough price movement, such as rising to.
A market insider said, ``The market is interested in how much China's crude oil demand will decline in the future, and the crude oil production policy that OPEC Plus will present at its next meeting.''