International oil prices rose 0.5% to $80.24 on the 26th

Affected by the decline of the US dollar and the rise of the stock market, international oil prices rose slightly by 0.49% on the 26th. London's oil prices basically closed flat. The price of light crude oil** delivered by the New York Mercantile Exchange in November was a slight increase of 39 cents to settle at 80.24 US dollars per barrel, or 0.49%, and the fluctuation range was 77.11 to 80.85 US dollars. November London Brent crude oil prices fell slightly by 3 cents to $103.94 a barrel.

On the same day, the US Department of Commerce released data showing that in the United States, new home sales in August hit a new low of 6 months, and house prices fell by 8.7% month-on-month. Unfavorable data helped the dollar drop by about 0.3% against a basket of currencies.

In addition, euro zone member states are discussing the debt crisis response strategy, the market optimism increased, New York stock market rose, driving oil prices. There were reports on the same day that countries in the euro area are discussing measures to reduce Greek debt and capitalize the banking system. A spokesperson for the European Commission said that the committee is discussing the expansion of the financial stability mechanism in the euro zone, but there are still differences among countries.

In the Middle East, the Italian oil company Eni announced that it had restarted its oil production in Libya and became the first foreign oil company to return to Libya to restart production since the outbreak of the unrest in Libya.

On the same day, the New York Mercantile Exchange's November light crude oil price rose 39 cents to settle at 80.24 US dollars per barrel, or 0.5%, the first increase since 4 trading days, the highest intraday price reached 81.29 per barrel. The dollar touched at $77.11 a barrel. In this month's trading, New York crude oil prices have fallen by 9.6%, and the third quarter has so far fallen by 16%.

The price of Brent crude oil in the North Sea in London on the London ICE Europe ** Exchange fell 3 cents to settle at US$103.94 a barrel. At the closing price, the difference between the price of the Brent crude oil in North Sea and the price of New York's light crude oil was US$23.7 per barrel. This spread hit a record high of US$26.87 per barrel on September 6.

The price of gold** and most other metals** fell on Monday to close at the lowest level in two months, while silver prices closed at the lowest level since February.

In other energy trades on the New York Mercantile Exchange, RBOB gasoline prices for delivery in October rose 1 cent to $2.57 per gallon (approximately $0.68 per gallon), or 0.6%; October delivery Heating oil prices fell by less than 1 cent to close at 2.79 US dollars per gallon (approximately 0.74 US dollars per litre), a decrease of 0.2%; prices of natural gas sold in October rose by 8 cents to close at a For every million British thermal units, it was 3.78 US dollars, an increase of 2.2%.