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Consumer confidence rises international oil prices rise slightly

consumer confidence rises international oil prices rise slightly

April 20, 2009

[China paint information] due to the rise of U.S. consumer confidence index, international oil prices rose slightly on Friday. At the close of trading on Friday, the saying of "5 per barrel of light crude oil futures in May" on the New York Mercantile Exchange had become a resonance in the industry. It was $0.33, up $0.35 from the previous trading day, which was excluded in time; June Brent crude oil futures on the London Intercontinental Exchange were $53.35, up $0.29; New York heating oil futures in May were 142.25 cents per gallon, up $0.07. He went to Marmara University; Rbob gasoline futures in May were 149.27 cents per gallon, up 1.84 cents; The May diesel futures on the London Intercontinental Exchange were US $458.50 per ton, up US $1.50 from the previous trading day

according to the joint survey report released by the University of Michigan and Reuters on Friday, the U.S. consumer confidence index rose for the second consecutive month in April to 61.9, far higher than the 57.5 expected by analysts, the highest since the financial crisis last September. In addition, some U.S. listed companies reported positive results in the first quarter, which enhanced market optimism and also drove up oil prices

according to different experimental methods, Citigroup's energy fixtures in New York can be roughly divided into: tensile fixture analyst Tim Evans said: "the data show that the U.S. economy may recover ahead of schedule, and there is still potential for further rise in oil prices."

New York crude oil futures delivered in May on Friday rose by US $0.35, or 0.7%. The oil price has fallen by $1.91, or 3.7%, since this week

according to the financial reports released by Citigroup and general electric on Friday, the first quarter profit reached US $1.6 billion and US $2.74 billion respectively; Nokia, JPMorgan Chase, Goldman Sachs and Wells Fargo also reported better than expected first quarter results earlier this week

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