NYMEX’s crude oil price drops 0.5% on Dec 11
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Update time : 2020-12-14 17:17:46
According to the market in the New York Mercantile Exchange (NYMEX), the future price of crude oil for next January showed a 0.5% decrease on December 11th, came to US$46.57/barrel.
The main reason for the decrease was caused by the worsening epidemic situation in New York, which caused the local government to impose the lock-down policy again.
Moreover, the crude oil price also faced a decrease in the Brent Crude on the same day, which showed around a 0.6% decrease, came to US$49.97/barrel.
