首页 社会内容详情
足球投注网(www.hg108.vip)_Oil trades sideways on fears of slower demand, supply uncertainty

足球投注网(www.hg108.vip)_Oil trades sideways on fears of slower demand, supply uncertainty

分类:社会

网址:

SEO查询: 爱站网 站长工具

点击直达

足球投注网www.hg108.vip)是皇冠体育官网线上直营平台。足球投注网面向亚太地区招募代理,开放皇冠信用网代理申请、皇冠现金网代理会员开户、皇冠足球投注等业务。

,Brent crude LCOc1 futures were trading down 5 cents, or 0.1%, at $110.00 a barrel by 0310 GMT, while U.S. West Texas Intermediate (WTI) crude CLc1 futures were up 19 cents, or 0.2%, at $104.46 a barrel. Prices fell around 1.5% in the previous session.

SINGAPORE: Oil prices traded sideways on Friday after briefly rising nearly US$1 per barrel, as the market balanced fears of slower demand from cooling U.S. economic activity with supply uncertainty.

Brent crude LCOc1 futures were trading down 5 cents, or 0.1%, at $110.00 a barrel by 0310 GMT, while U.S. West Texas Intermediate (WTI) crude CLc1 futures were up 19 cents, or 0.2%, at $104.46 a barrel. Prices fell around 1.5% in the previous session.

Crude futures slipped back into sell mode after U.S. manufacturing and services PMIs came in well below expectations, along with a downswing in Germany's manufacturing data, said Stephen Innes, managing partner at SPI Asset Management.

"Under these conditions, higher crude oil prices will become super sensitive to any perceived or otherwise increased supply inputs," Innes said, noting signs of Russian crude hitting the oil complex and mounting pressure on OPEC to boost output.

OPEC and allied producing countries including Russia will likely stick to a plan for accelerated output increases in August in hopes of easing crude prices and inflation as U.S. President Joe Biden plans to visit Saudi Arabia, sources said.

The group known as OPEC+ agreed at its last meeting on June 2 to boost output by 648,000 barrels a day in July, or 7% of global demand, and by the same amount in August, up from the initial plan to add 432,000 barrels per day a month over three months until September.

However, the group has struggled to hit the monthly increase targets due to underinvestment in oilfields by some OPEC members and, more recently, losses in Russian output.

Official weekly estimates for U.S. oil inventories were scheduled to be released on Thursday but technical problems will delay those figures until next week, the U.S. Energy Information Administration said, without giving a specific timeline.- Reuters


转载说明:本文转载自Sunbet。
  • 环球ug平台卖分(www.ugbet.us) @回复Ta

    2022-07-09 00:21:10 

    Umno Youth executive committee chairman Fairuz Jamaludin handed over a memorandum that, among others, called for a thorough investigation by the Malaysian Anti-Corruption Commission on matters relating to the implementation of the 5G project.来入坑吧

  • Solidgold @回复Ta

    2022-07-19 00:03:25 

    Leading the index higher was Sime Darby Plantation climbing 18 sen to RM4.70, Petronas Chemicals adding 14 sen to RM9.70 and IHH rising 10 sen to RM6.32.我撂话,会大热大火哦!

发布评论