Oil prices refresh at six-month highs

Li Zhongqiu New York crude oil futures price "puncture" six-month High: As of 19th, Beijing time 18:23,nymex crude oil futures June contract in the electronic disk set to 60.48 U.S. dollars/barrel record, and led the domestic phase of the city fuel oil, natural rubber and plastic futures rally.　　Analysts believe that the geo-conflict and oil factory fires and other emergencies, as well as China's news-related factors together, leading to speculative inflows to push up the price of oil, but because of 60 of dollars as an important psychological barrier, above the lack of momentum to continue to rally. Oil prices broke 60 of dollars as Nigerian militants attacked oil and gas pipelines and solar oil companies in Pennsylvania State's large refinery exploded, causing investors to be uneasy about supply, the overnight New York crude oil futures June contract sharply rose more than 5%.　　19th Asian trading session, crude oil futures June contract continued to rise, creating 60.48 U.S. dollars/barrel of six months of new highs. Crude oil futures rally led to a strong domestic basic metals, and oil-related futures varieties, such as fuel oil, natural rubber and plastic futures is a stronger. As of the close, the main fuel oil 0908 contract rose 127 Yuan or 3.63%, the closing price of 3622 yuan/ton; Plastic main 0909 contract rose 145 yuan or 1.51%, close to 9740 yuan/ton.　　Spot market, Guangzhou Huatai Hing Huangpu Market Import mixed 180CST library price rose 130 yuan/ton. Analysts believe that the geo-conflict and oil factory fires and other emergencies, as well as China's news-related factors attract speculative capital inflows, thereby pushing up oil prices. According to foreign reports, Nigeria's largest armed group vowed in Monday to set the main waterways in the Niger, R. Delta to block the oil output, which caused the market to reduce the supply of oil concerns. At the same time, the U.S. Sun Oil (Sunoco) company in Pennsylvania State Oil factory fire, resulting in production losses, the incident also pushed up the oil price rise.　　In addition, Linhuiru Futures senior analyst, said China will seize the opportunity to increase the oil reserves of good news, but also to stimulate the oil price breakthrough 60 U.S. dollars another hand.　　Continue to rally Momentum Limited in spite of the international oil price breakthrough 60 U.S. dollar critical psychological barrier, but analysts believe that speculative funds to promote oil prices is only short-term action, in the context of still weak demand, the 60-dollar pass will still be tested. The south-west Nigerian oil-producing region has a long-standing conflict with Western petroleum companies and is one of the key factors in the 6-year surge in oil prices since 2002, according to an energy analyst at the trade information industry. However, Nigeria's nearly 2 million barrels of oil daily production capacity, only 1.7 million barrels. There are 300,000 barrels of buffer standby capacity. Once oil supplies are disrupted in the Niger, R. Delta, the newly developed offshore oilfields can also enable standby capacity to make up.　　In view of this, the impact of geopolitical and episodic events on the oil market is short-lived and not enough to justify pushing up oil prices. In the same way, the ethylene plant in the oil plant of the US sun Oil company has been caught in flames, although it has caused unease to the marketDoes not pose a threat to the energy market.　　Even if it has an impact on petrol installations, reserve capacity can completely counteract the impact as the overhaul of American refineries ends. U.S. refineries have been producing less than normal operating rates due to inadequate demand, and the solar oil company's first-quarter operating rate in the eastern seaboard was only 74%. The International Energy Agency said global demand for crude oil would face its biggest decline since 1981, and its latest report showed crude demand would be reduced by about 2.6 million barrels a day compared with last year's level.　　Analysts said the U.S. Energy Information Agency in Wednesday will release oil supply and demand data, the market is waiting for the relevant data to be released, so that 60 of dollars in oil prices will be tested. Up to Beijing time 19th 20:15,nymex6 Monthly crude oil contract reported 59.75 USD/barrel, up 0.72 U.S. dollars.