Stock Market Today

New York City the oil price once goes higher this morning, Barclays Capital analyst said last week that China announced the increase of trade surplus than expected, China’s crude oil imports hit a record high, it indicated that the “oil demand side is very strong.”
Other energy futures, the decline of gasoline prices go ahead, August gasoline contract fell 4 cents to 2.03 U.S. dollars per gallon, down 2%, August natural gas contract fell 1 cent to 4.39 U.S. dollars per million British thermal units, down 0.3%.
Oil prices rose 5.5% last week, weekly gain hit a new record high since May last year, decreased amount of weeks of inventory data exceed the expected, then promote oil prices higher, but gasoline stocks for the chain increment in line with expectations, it indicated that the overall state of U.S. oil demand side is still mixed.