This week, the WTI crude oil in the USA fell by 2.4%, and Brent crude oil fell by 0.83%.
In the early morning of the 24th Beijing time, WTI crude oil in the United States rose by 2.5% on Friday. The hint of a rate cut by the Federal Reserve has supported oil prices. However, crude oil futures prices have still recorded a decline this week. The October delivery WTI crude oil futures price on the New York Mercantile Exchange rose by $1.82, or 2.49%, to close at $74.83 per barrel. The October Brent crude oil futures price on the Intercontinental Exchange in Europe rose by 1.8%, or 2.33%, to close at $79.02 per barrel. Based on the most active contract, WTI crude oil futures fell by 2.4% this week, and Brent crude oil fell by 0.
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USA crude oil fell below $72 as US job growth downgrade puts pressure on oil prices.
Peking time on the early morning of the 22nd, the price of USA WTI crude oil fell below $72 per barrel on Wednesday's closing, as the US government significantly lowered the number of new non-farm employment in March, which suppressed investor sentiment. The October delivery price of West Texas Intermediate (WTI) crude oil futures on the New York Commodity Exchange fell by $1.23, a decrease of 1.69%, to close at $71.93 per barrel. The October Brent crude oil futures on the intercontinental exchange in Europe fell by $1.15, a decrease of 1.49%, to close at $76.05 per barrel. The US Department of Labor stated on Wednesday that in the year ending in March, US employers added
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