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2026-10-31 03:38:24
International crude oil prices rose on October 30. At the close of trading that day, the price of light sweet crude oil futures for December delivery on the New York Mercantile Exchange rose $2.12 to settle at $104.12 per barrel, a gain of 2.08%; the price of Brent crude oil futures for December delivery on the London ICE Futures Exchange rose $2.76 to settle at $117.64 per barrel, a gain of 2.4%. This price increase reflects, to some extent, the fluctuations in the global crude oil market's supply and demand. Multiple factors, including changes in geopolitical situations, supply policies of major oil-producing countries, and global crude oil demand expectations, will influence international oil price trends. The future direction of oil prices will require continued monitoring of these dynamic changes.
