Thai Oil Public Company Limited reports on the crude oil situation that the market closed on 24 September 2019. West Texas crude oil dropped 1.35 dollars to close at 57.29 dollars per barrel. Brent crude dropped 1.67 dollars to close at 63.10 dollars a barrel.
With crude oil prices declining After US President Donald Trump delivered a speech at the UN General Assembly on 24 September, accusing China of unfair trade practices in China. And states that Will not disadvantage trade agreements with China
Meanwhile, the US consumer sentiment index in September 2019 dropped to 125.1, the largest drop in 9 months and lower than analysts had forecast at 133.5 in the economic numbers in Europe and Japan are still weak. With the Eurozone preliminary production and service index in September 2019 reduced to 50.4, while the Japanese figure dropped to 48.9.
In addition, the US crude oil pipeline In the gulf of mexico Able to resume production After a temporary halt from the effects of Tropical Storm Imelda that swept through the state of Texas.
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