Oil prices: international oil prices continue to rise

Oil prices: international oil prices continue to rise

Summary

international oil prices continue to rise

Oil prices: international oil prices continue to rise
OPEC cut production agreement extension, U.S. crude oil inventories will slow down the expected optimism, U.S. crude oil futures for the first time in three weeks to break through $50 a barrel. Thursday (March 30th) May WTI crude oil futures settlement price of $50.35 a barrel, up $0.84, compared with the previous trading day up 1.7%, trading range of $49.27-50.47 in May; Brent crude oil futures settlement price of $52.96 a barrel, up $0.54, compared with the previous trading day up 1%, trading range of $52.03-53.1.