October 2011 Breaking news for November

Jumpsuit History. Strength; Disc sixty-six pity see the modules.

Major national and international news for February 1, 2011 and February 2, 2011.

The international oil price exceeded $100 per barrel.

On February 1, the international oil price of electronic trading continued to remain above $100 per barrel during the Asian trading session. The day before, international oil prices soared, and the Brent ****** of the Intercontinental Exchange in London, England, reached a barrel of US dollars, which was the first time since October 2008 that international oil prices re-stood at the $100 mark. On January 31, the New York market ****** rose more than 3% to US dollars per barrel.

This bull market is mainly caused by geopolitical factors such as the turmoil in Egypt.

Egypt is not a major oil producer, but the Suez Canal is an important passage for the Middle East. Up to 2.4 million barrels per day are transported through the Suez Canal, which is close to the daily production of Iraq or Brazil. The market is concerned that key energy transportation corridors could be blocked, causing disruptions in some parts of the world.

The Suez Canal operating agency confirmed on January 31 that the canal was operating normally on that day.

Don't panic! This time, the main force is still faking falls? The trapped ** is likely to be saved!

Is it likely that something will change dramatically in March? The hidden financial movement behind the tug-of-war! On the morning of the 1st, international oil prices fell slightly during the Asian trading session.

An investment analyst at Singapore's Phillips** said this was due to some profit-taking at high buying levels, after all, oil prices were already at a 27-month high. He expects that the decline in oil prices will only be temporary, and if tensions in Egypt persist, oil prices could go further.

Throughout 2010, despite the ups and downs of international oil prices, the upward trend driven by the fundamentals of world economic recovery has largely established.

The International Monetary Organization recently raised the global economic growth rate this year to a percentage point higher than what it did in October last year. The economies of Asia, Africa and Latin America are expected to continue to maintain strong growth, the growth prospects of developed countries are also optimistic, and the risk of a double dip in the global economy has been largely eliminated. To this end, in 2011, the global daily demand may increase greatly, and changes in supply and demand will support oil prices.

The rise in oil prices is also closely related to financial factors. In November last year, the US Federal Reserve launched a new round of quantitative easing, and the resulting US dollar liquidity had a significant impact on the international oil market. Taking the Fed's move as a time node, international oil prices changed from hovering between $60 and $80 to reach above $90 in mid-December last year, until the end of January this year to regain the $100 mark, a faster rise than many analysts expected.

With the growth of US dollar liquidity, the US dollar index, which measures the movement of the US dollar against other major international currencies in January this year**, has increased. Since the US dollar is the main international denominated currency, the "seesaw" effect of the rise in oil prices caused by the depreciation of the US dollar is very obvious.

Analysts believe that international oil prices are expected to rise steadily in 2011, and whether there will be irrationality depends on the combined effect of market supply and demand, global liquidity and geopolitical factors.

It was the Sixth Congress of the National People's Congress held in Taiyuan.