International oil prices showed mixed trends on May 26.
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At the close of trading that day, the price of light crude oil futures for July delivery on the New York Mercantile Exchange fell by $2.71 to $93.89 per barrel, a decrease of 2.81%. In contrast, Brent crude oil futures for July delivery on the London market rose by $3.44 to $99.58 per barrel, up 3.58%. The two major benchmark crude oil futures showed clear divergence, reflecting the influence of multiple factors on the current international crude oil market. Differences in supply and demand expectations, geopolitical situations, and other factors impact each market differently, leading to increased uncertainty in oil price fluctuations.
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