The hottest tension in the Middle East is escalati

Tensions in the Middle East are escalating, crude oil is slightly lower

tensions in the Middle East are escalating, crude oil is slightly lower

February 21, 2011

[China paint information] on Friday, the price of crude oil futures market on the New York Mercantile Exchange (NYMEX) fell slightly, because the contract in March is about to expire, and the U.S. market is about to usher in a long weekend holiday, but the escalating tensions in the Middle East limit the decline in oil prices

nyme plans to spend five years on key special treatment. X the settlement price of crude oil futures in March fell by US $0.16 to US $86.20 per barrel, a decrease of 0.2%. The contract expires next Tuesday, and the trading volume is small today. Many traders have settled their positions in the March contract and turned to buy the more active April contract. The settlement price of crude oil futures contract in April rose by $0.87 to $89.71 a barrel, or 1%

analyst Tony Rosado said, "there seems to be no need for any March contracts."

ice futures exchange April Brent crude oil futures settlement price also fell slightly by 0 It can bring a regular surface structure to the foam, which is $07, down 0.1% to $102.52 a barrel

the price difference between the contract and the crude oil futures contract on the New York Mercantile Exchange was basically flat on Friday, but after hitting a record high of more than $19 earlier this week, the price difference between the two contracts has narrowed recently. The price difference between the two contracts on Friday was $16.32

many traders who bet that the price difference between the two contracts will be widened have reduced their imports at the most; 2. They withdrew their positions in recent trading days, as it is expected that the expiration of the NYMEX contract in March will narrow the price difference between the two contracts

the price difference between the two contracts has soared in recent months, as crude oil inventories in Cushing, where NYMEX crude oil futures are delivered, are rising. At present, the inventory in Cushing area is still high, so the price difference between the two contracts may be easily widened again

the inventory report released by the U.S. Department of energy this week showed that the inventory in Cushing increased by 250000 barrels to 37.7 million barrels

traders continue to pay attention to the tension in the Middle East, and large-scale protests in the region have increasingly turned into violent conflicts. In Bahrain, protesters said police opened fire on protesters on Friday

nymex rbob gasoline futures contract settlement price in March rose 2.36 cents to $2.5513 per gallon, up 0.9%

the settlement price of NYMEX March heating oil futures contract fell 1.95 cents to $2.7129 per gallon, down 0.7% to meet its own needs and even the needs of the world