US oil fell below 60 US dollars mark one week plunged nearly 10%

Tencent securities FRANCISCO February 10 morning news, according to US financial website MarketWatch reported that crude oil futures prices ended lower Friday, the sixth consecutive trading day lower, with US crude oil futures prices closed at 60 a barrel for the first time this year below the dollar, and its biggest weekly decline in more than a year。 Data released Friday showed US domestic crude oil drilling platform, the number of active record the biggest weekly increase since January 2017, so as to deepen the market worries about the US crude oil production is on the rise。
New York Mercantile Exchange, March delivery of West Texas Intermediate crude oil (WTI) futures prices fell $, to close at $ a barrel, down percent, the highest since December 22 last year, the lowest closing price。
In the overall transaction this week, WTI futures are down about%, marking the biggest weekly decline since January 2016 in。
Meanwhile, on London's ICE Futures Europe for April delivery price of North Sea Brent crude oil futures fell US dollars, to close at $ a barrel, down percent, the highest since December 13 last year, the lowest closing price, This week it is down about%。
Oilfield service provider Baker Hughes (Baker Hughes) report released earlier Friday said the number of US domestic crude oil rigs active this week, a substantial increase in the 26, a total of 791, an increase for the third consecutive week。
Baker Hughes This data may provide clues for future crude oil production in the United States, the number of rigs increase means that production may rise, which for the price of oil is usually a negative factor。 US Energy Information Administration (EIA) released earlier on Wednesday reported that, as of February 2nd week to crude oil production increased by million barrels / day, to million barrels / day, the highest since the department began tracking in 1983 when this data the highest since record。
Until recently ago, crude oil prices have been due to the OPEC (OPEC) member countries as well as Russia and other non-production action taken by OPEC and by the support。
But according to Reuters, as OPEC members Iran plans to increase its crude oil production over the next four years。
SunGlobalInvestments investment company founder and CEO Michiel Capa Tia (MihirKapadia) points out, this "increased market fears about the global oil supply will rise."。
In other energy trading New York Mercantile Exchange, March delivery RBOB gasoline futures prices fell%, to close at US dollars per gallon, down sharply cumulative% in overall trading this week; March delivery heating oil futures prices fell%, to close at US dollars per gallon this week, also fell sharply by about%; March natural gas futures prices fell%, to close at US dollars per million British thermal units, the highest since February 2017 in the lowest closing price this week is down%。
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