The New York crude oil market on the 17th saw the supply of crude oil increase toward December, and the international crude oil futures price temporarily dropped to the $ 77 level per barrel for the first time in about a month and a half.
In the New York crude oil market on the 17th, the futures price of WTI, which is an international indicator of crude oil prices, temporarily dropped to the $ 77 level per barrel for the first time in about a month and a half.
In the background, the IEA = International Energy Agency announced on the 16th that the supply of crude oil will increase from November to December due to the increase in crude oil production in the United States due to the rise in crude oil prices. there is.
WTI futures prices rose to the low $ 85 / barrel level on October 25, the first level in seven years, due to rising demand for crude oil, but major oil-producing countries were on November 4 and 12. We have forgotten the additional production increase for the month.
Market officials said, "The rising trend of crude oil prices that has been continuing recently has been stopped for the time being. However, unstable price movements are continuing, and the response of oil-producing countries such as the United States is likely to be the focus in the future." I'm talking.