Abstract: As the market is pessimistic about the recent global oil demand expectations, international oil prices dropped significantly on the 29th.

As the market is pessimistic about the recent global oil demand expectations, international oil prices fell significantly on the 29th.

As of the close of the day, the price of light crude oil futures for November delivery on the New York Mercantile Exchange fell by $1.31 to close at $39.29 per barrel, a decrease of 3.23%; the price of London Brent crude oil futures for November delivery fell by $1.40. Closed at 41.03 US dollars per barrel, a decrease of 3.30%.