Business data

 Although OPEC and its allies demand full implementation of the production reduction agreement, the market is concerned about the epidemic situation and the US stimulus plan, and international oil prices continue to fall. Libya's crude oil production is likely to increase significantly, which also depresses the market atmosphere. On Monday (October 19), the settlement price of West Texas light oil in November 2020 on the New York Mercantile futures exchange was $40.83 a barrel, down $0.05 or 0.1% from the previous trading day, with the trading range of 40.54-41.22; the settlement price of Brent crude oil in December 2020 on the London intercontinental exchange was $42.62 per barrel, down $0.31, or 0.7%, from the previous trading day, with a trading range of 42.37-43 23 dollars