Another country will raise the price of crude oil exported to Asia to a record level; The interest rate spread between China and the United States on 10-year Treasury bonds is upside down Apr 12, 2022

1. The settlement price of WTI may crude oil futures fell 4.04% to US $94.29/barrel; The settlement price of Brent crude oil futures in June fell 4.18% to US $98.48/barrel.

2. OPEC secretary general told EU officials that the current global oil market crisis caused by Russia's invasion of Ukraine is not under the control of the organization and cannot completely replace Russian crude oil exports.

3. According to the pricing document, Kuwait raised the price of crude oil for Asia to a record level in May.

4. According to the data of China Federation of logistics and purchasing, in March, China Express Logistics index was 98.3%, down 2.1 percentage points from the previous month.

5. Around noon on the 11th, the interest rate spread between China and the United States on 10-year Treasury bonds was upside down, the first time since 2010.

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