China Financial Daily

International oil prices for the fifth consecutive trading days up
By the depreciation of the dollar and the United States, India and Japan, released the same day a series of positive economic data in support of the international oil prices on the 29th consecutive trading days up fifth.

29, the foreign exchange market, the dollar fell to 1.41 against the euro, its lowest level this year, resulting in crude oil and other dollar-denominated commodity futures prices rose.

To the day when the market closed, the New York Mercantile Exchange for delivery in July of light crude oil futures prices rose 1.23 U.S. dollars to close at 66.31 U.S. dollars a barrel. London Brent crude-oil futures rose 1.13 U.S. dollars to close at 65.52 U.S. dollars a barrel.

International oil prices in May rose by almost 30%, in March 1999 for the largest single month increase since.

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