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Global crude oil prices touch 12-month new high on Feb 2

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Update time : 2021-02-03 17:01:40
According to the market on February 2nd, the crude oil price had touched a 12-month new peak.

Among them, the crude oil future price for March in the West Texas Intermediate has come to US$54.76/barrel, increased by 2.3% in a day.

Moreover, the crude oil future price for April in Brent Crude showed US$57.46/barrel, also increased by 2% from the previous trading day.

The main reason for the strong crude oil price on February 2nd was benefited by the successful cut-production policy from the main oil-producing countries.
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