International oil prices rise as the US dollar falls from several weeks of high

Huitong Network3month3Daily News - Friday(3month3day)International oil prices have risen as the US dollar has fallen from several weeks of high, but Russia2The monthly oil production remains stable, indicating weak implementation of global production reduction agreements, limiting the rise in oil prices.

As of publication deadline, United Statescrude oilTrading in52.72dollar/Barrel, up0.21%; Brent crude oil exchange rate55.19dollar/Bucket, floating upwards0.20%; The US dollar index operates on102.04, Down0.10%。

"Last night's US dollar trend truly shook the market, with all markets experiencing volatility, not just the oil market," SydneyCMC MarketsChief Market StrategistMichael McCarthyexpress.

Official US data also shows that US crude oil inventories rose for the eighth consecutive week last week, reaching a record high5.202Billion barrels.

According to data from the Russian Ministry of Energy, Russia2Monthly oil production and1Monthly balance, on a daily basis1111Ten thousand barrels.

Russian Energy Minister Novak believes that "it is currently uncertain whether oil producing countries are..."5What specific issues will be discussed at the monthly meeting. According to the current provisions of the agreement, extending the validity period of the agreement is technically feasible

Novak also stated, "Each country is responsible for its own crude oil production. The major Russian oil companies have identified their own2017We can only be responsible for our own economic data for the annual production plan
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