On March 12, international crude oil futures closed higher. The settlement price of the main contract of US WTI crude oil futures was US$67.08 per barrel, an increase of US$1.43 or 2.2%. The settlement price of the main contract of Brent crude oil futures was US$70.95 per barrel, an increase of US$1.39 or 2.0%. The increase in US commercial crude oil inventories was lower than expected, and the obvious decline in refined oil inventories supported oil prices.

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