The hottest U.S. economic outlook is good, and cru

2022-10-19
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The U.S. economic outlook is good, crude oil prices soared by nearly 3%

the U.S. economic outlook is good, crude oil prices soared by nearly 3%

August 2, 2013

[China paint information] U.S. crude oil futures on Thursday (August 1) in New York extended the boom to be placed in the framework of a horizontal experimental machine, rising by nearly 3%, the highest level in a week, because the U.S. and Chinese manufacturing data are good, and the number of U.S. initial jobless claims fell, The Fed kept the current bond purchase scale unchanged overnight

data jointly released by the National Bureau of statistics of China and the Federation of logistics and purchasing (CFLP) on Thursday showed that China's leading macroeconomic indicator - the official Manufacturing Purchasing Managers' index (PMI) rebounded slightly to 50.3 in July, up from 50.1 last month

according to the data released by the American Institute of Supply Management (ISM) on Thursday, the US ism manufacturing PMI in July was 55.4, with an estimated 52.0, the highest since June 2011

data released by the U.S. Department of labor (DOL) on Thursday showed that the number of initial jobless claims in the United States in the week of July 27 was 326000, which is expected to be 345000. 5. Antibacterial modified engineering plastics. At the same time, the number of initial jobless claims in the previous week was revised to 345000, with an initial value of 343000

Phil Flynn, senior market analyst at price futures group, said, "due to the overall improvement of economic data recently, crude oil prices have soared again. In addition, China's manufacturing data unexpectedly rebounded. As a supplier of a complete set of automated production units for 15 years, the overnight statement of American Union Klaus mafi also hinted that it would not start to reduce bond purchases in the short term, which supported oil prices."

the Bank of England (BOE) said on Thursday that it would maintain the bond purchase scale of 375billion pounds and maintain the benchmark interest rate of 0.5%

flynn pointed out, "the decisions of the European Central Bank and the Bank of England put pressure on the entire precious metal market, but this is good for the crude oil market."

Libyan oil minister abdulbari al arusi said on Thursday that four Libyan ports were closed, and crude oil exports fell 80% due to labor protests

Andy lipow, director of lipow oil Associates LLC, said, "the positive manufacturing data from China, the United Kingdom and the United States and the continued easing of European banks provide considerable support for crude oil prices. At the same time, the intensification of geopolitical risks in Libya is also one of the factors driving up oil prices."

according to the survey data of foreign media, the crude oil export of the organization of Petroleum Exporting Countries (OPEC) fell by 245000 barrels per day to 30.662 million barrels per day, a decrease of 0.8%, due to the sharp decline of Libyan crude oil export

michael Lynch, director of strategic energy economic research, said, "the global economic outlook is good, coupled with the deterioration of the situation in Libya, crude oil prices may continue to rise in the future."

at 03:17 Beijing time, NYMEX crude oil futures reported $107.89/barrel

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