Xinhua finance, New York on December 1 because of the market in Opec and non-opec conference and the western countries stay before sanctions against Russia's oil exports, the international crude oil futures prices rise in the overnight market, 1 early gains, then swings back, closing international oil prices were mixed.
By the end of the day, the New York mercantile exchange in January 2023, the delivery of light crude oil futures prices rose $0.67, closed at $81.22 a barrel, up 0.83%. In February 2023, the delivery of the goods in London, brent crude oil futures fell $0.09 to settle at $86.88 a barrel, or 0.10%.
Opec and non-opec oil production will be held in the 4th ministerial meeting, and the European Union will be in 5, the implementation of the ban on crude oil exports to Russia by sea, and plans to synchronous implementation of Russia by sea of export crude oil price limit restrictions.
Led by market research firm KPLER America oil analyst matt? Smith (Matt Smith), said New York oil prices around $75 a barrel earlier in the week level, the oil market is now the focus to Opec's ministerial meeting in the 4th, western sanctions against Russia and strategic crude oil reserve release gradually reduce, these three factors are a support to oil prices.
According to Reuters, eu diplomats have intention agreement, Russia agreed to export price ceiling set at $60 a barrel of crude oil at sea, and establish the ceiling price adjustment mechanism, so that the ceiling price is 5% lower than the market price.
PVM oil analyst tamas tongren company? Vargas (Tamas Varga) said that believes Opec + meeting will let the market on short covering, but the market consensus is the oil will maintain oil production quotas unchanged.
The dow Jones company's oil price information service company (OPIS), head of global energy analysis of Tom? Crowe (Tom Kloza) said, their expectations of Opec + meeting is very small, especially in the meeting will be done online. Market prices reflect the Opec + expected to keep its production policy unchanged.
America's strategic energy and economic research firm (SEER) President, Michael? Lynch said Michael Lynch, in a week ago, Opec + looks is likely to cut production. But the outbreak of policy adjustment, slowing the pace of rate increases by the federal reserve may obviously and inflation much improved news that Opec + look is likely to keep production stable.
Lynch argues that the eu's exports to Russia by sea oil price limit will not be Opec + considered a major factor, this is because the Russian can continue to look to find customers willing to ignore the price ceiling.