As of October 14, 2025, the price of crude oil has risen by 5.05%. The recent drop in the market has led to a decrease in the four major crude oil reserves, which now total 298.82 million barrels. This is a significant reduction compared to the previous figure of 893.46 million barrels.
On the same day, the trading volume for crude oil reached 1.31 billion yuan, with a price of 62.15 yuan per barrel. The total market value stood at 150.88 billion yuan. The latest data indicates that the crude oil reserves have decreased, prompting changes in market dynamics.
The price of crude oil has been affected by various factors, including supply constraints and demand fluctuations. The primary contributors to the price changes include consumer usage systems, which account for 45.41% of the market, followed by various other sectors, including 32.91% for refining and 7.05% for other products.
According to recent calculations, the current extraction rate for crude oil is approximately 566.3 million barrels. The crude oil market continues to be volatile, with significant fluctuations in pricing and trading volumes.
The crude oil sector is facing challenges, including supply chain disruptions and geopolitical tensions, which can further impact prices. Analysts recommend monitoring market trends closely, as the situation is dynamic and can change rapidly.
This analysis is generated by an AI model and serves as a reference. It should not be construed as personal investment advice.
For more up-to-date information, please refer to the financial app that provides real-time data and trends in the crude oil market.
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