Post
Seven长风观市
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On March 23 at 24:00, refined oil will see the largest adjustment of the year, can’t refuel anymore 😂 just drive an electric car
1. Latest Prices (as of March 21)
• WTI crude oil (April): Closed at $98.32/barrel on March 20, up 2.27%
• Brent crude oil (May): Closed at $112.19/barrel on March 20, up 3.26%
• Domestic SC crude oil (main contract): Closed at 773.6 yuan/barrel on March 20, down -3.71%
2. Recent Trends (March)
• Early March: WTI/Brent fluctuated in the range of $70–75
• March 9: Geopolitical shock, WTI broke $117 intraday, up more than 30% within the day
• March 12: Brent firmly stood at the $100 mark
• March 16: IEA releases reserves, oil prices briefly adjust
• March 19–20: Reached new highs again, Brent broke $114
• WTI crude oil (April): Closed at $98.32/barrel on March 20, up 2.27%
• Brent crude oil (May): Closed at $112.19/barrel on March 20, up 3.26%
• Domestic SC crude oil (main contract): Closed at 773.6 yuan/barrel on March 20, down -3.71%
2. Recent Trends (March)
• Early March: WTI/Brent fluctuated in the range of $70–75
• March 9: Geopolitical shock, WTI broke $117 intraday, up more than 30% within the day
• March 12: Brent firmly stood at the $100 mark
• March 16: IEA releases reserves, oil prices briefly adjust
• March 19–20: Reached new highs again, Brent broke $114
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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