International Energy Agency released a report on Sep 13th, in August the global crude oil supply fell. The report also shows that the United States, including a number of countries in the second quarter of this year, crude oil demand increased significantly. Analysts said the report to some extent alleviate the investors for the international crude oil market oversupply concerns to support oil prices.
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US Energy Information Administration released the same day the report shows that last week the United States national commercial crude oil inventories increased by 5.9 million barrels, lower than market expectations.
As of the 13th day closing, the New York Mercantile Exchange in October delivery of light crude oil futures rose $ 1.07, to close at $ 49.30 a barrel, or 2.22%. November delivery of London Brent crude oil futures rose $ 0.89 to close at $ 55.16 a barrel, or 1.64%.
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