International oil prices rose on the 24th; New York crude oil closed at $94.61 per barrel.

International oil prices saw an upward trend on the 24th. By the close of trading that day, the price of light crude oil futures for November delivery on the New York Mercantile Exchange rose by $2.45, ending at $94.61 per barrel, an increase of 2.66%. Meanwhile, November delivery Brent crude oil futures in London increased by $3.52, closing at $106.60 per barrel, a rise of 3.41%. The rise in crude oil prices further highlights the current tight supply and demand situation in the international energy market, which will have a chain reaction on subsequent global refined oil pricing and related industrial supply chain costs.