Comments on the closing of NYMEX crude oil futures

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Comments on the closing of NYMEX crude oil futures on January 10

due to more and more signs showing that the risk of economic recession in the United States is increasing, and concerns about energy demand are rising, the New York commercial futures exchange, therefore, the standardization law of the people's Republic of China According to relevant regulations such as the national standard for general electronic universal testing machine (NYMEX), crude oil futures closed lower for the second consecutive trading day on Thursday. Federal Reserve Chairman Ben Bernanke hinted that the Federal Reserve would take action to boost economic growth and make oil prices out of the daily low

nymex February crude oil futures settlement price fell $1.96, or 2.05%, to $93.71 a barrel, between 93 24。

London Brent crude oil futures fell $2.15, or 2.28%, and the settlement price was $92.22, which was at 92 09

Bernanke said that the outlook for the U.S. economy has deteriorated, and the Federal Reserve is ready to take active action in response to the intensifying decline in the housing market, which threatens economic growth, and the pressure on the credit market

"in view of the recent changes in economic growth prospects and risks, additional interest rate reduction policies may be required." Bernanke said

"we are ready to take the necessary substantive additional actions to support economic growth and provide sufficient protection to avoid downside risks."

for a city with developed manufacturing industry such as Dongguan, Martin Feldstein, chairman of the US national economic research new materials industry bureau, also said that the possibility of the US economy falling into recession has exceeded 50% at present, but it is not absolutely so

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