New York crude oil ** rose Tuesday to close at $ 101.34 a barrel

New York crude oil prices closed higher on Tuesday (December 27th), continuing the consecutive gains of the previous five trading days, as Iran’s tensions triggered market concerns about global crude oil supply and the well-performing US economy. The data enhances investors’ confidence in the outlook for crude oil demand.

On the same day, the New York Mercantile Exchange's (NYMEX) price of light crude oil for delivery in February next year increased by 1.66 US dollars to close at 101.34 US dollars per barrel, an increase of 1.7%, setting the highest closing price of the main contract since November 16 . In the past six trading days, the price of New York crude oil has been in an upward trend, and the total increase has reached 8.4%, setting a record of the longest continuous rise since November 8, 2010. So far this year, the price of oil in New York has risen by 11%, and in 2010 it has risen by 15%.

The price of the Brent crude oil in the North Sea, which was closed in February of the London ICE Europe ** Exchange, increased by $1.31 to close at $109.27 a barrel, or 1.2%. At the closing price, the difference between the North Sea Brent crude oil price and the New York light crude oil price was US$7.93 a barrel, the lowest level since the close on January 20, and the spread was hit on October 14th. The highest level of $27.88 a barrel.

In other energy trades on the New York Mercantile Exchange, RBOB gasoline prices for delivery in January rose slightly to close at 2.69 US dollars per gallon (about 0.71 US dollars per liter), or less than 1%, last week Rose 8%; heating oil prices for delivery in January rose by 1.8 cents to close at 2.91 US dollars per gallon (about US$0.77 per litre), or 0.6%, and rose by 3.2% last week; next year 1 The price of natural gas for the month of delivery fell slightly, to close at 3.11 US dollars per million British thermal units, a decrease of less than 0.1%, a drop of 0.6% last week.