热门标签

Hga030(www.hg108.vip):Oil price falls 2% on expectations that US Gulf supply disruption will ease

时间:2周前   阅读:3   评论:3

Hga030www.hg108.vip)是一个开放皇冠即时比分、代理最新登录线路、会员最新登录线路、皇冠代理APP下载、皇冠会员APP下载、皇冠线路APP下载、皇冠电脑版下载、皇冠手机版下载的皇冠新现金网平台。Hga030上登录线路最新、新2皇冠网址更新最快,Hga030开放皇冠会员注册、皇冠代理开户等业务。

Brent crude LCOc1 futures fell US$1.45, or 1.5%, to settle at $98.15 a barrel, while U.S. West Texas Intermediate (WTI) crude CLc1fell $2.25, or 2.4%, to settle at $92.09 a barrel. Both contracts gained more than 2% on Thursday.

NEW YORK: Oil prices plunged around 2% on Friday, on expectations that supply disruptions in the U.S. Gulf of Mexico would be short-term, while recession fears clouded the demand outlook.

Futures, however, were still on track for a weekly gain.

Brent crude LCOc1 futures fell US$1.45, or 1.5%, to settle at $98.15 a barrel, while U.S. West Texas Intermediate (WTI) crude CLc1fell $2.25, or 2.4%, to settle at $92.09 a barrel. Both contracts gained more than 2% on Thursday.

"We are pulling back a little bit after the big run up yesterday," said Phil Flynn, an analyst at Price Futures group.

Brent gained 3.4% this week after last week's 14% tumble on fears that rising inflation and interest rates will hit economic growth and demand for fuel. WTI rose 3.5%.

Crews were expected to replace a damaged oil pipeline piece by the end of the day on Friday, a Louisiana port official said, allowing for the resumption of production at seven offshore U.S. Gulf of Mexico oil platforms. [nL1N2ZO154]

On Thursday, top U.S. Gulf of Mexico oil producer Shell SHEL.L said it halted production at three deepwater platforms in the region. The three platforms are designed to produce up to 410,000 barrels of oil per day combined.

,

博彩平台网址大全www.99cx.vip)是一个开放皇冠体育网址代理APP下载、皇冠体育网址会员APP下载、皇冠体育网址线路APP下载、皇冠体育网址登录APP下载的官方平台。博彩平台网址大全上博彩平台网址大全登录线路、博彩平台网址大全代理网址更新最快。博彩平台网址大全开放皇冠官方会员注册、皇冠官方代理开户等业务。

,

The Amberjack pipeline, one of two stopped by the leak, has restarted at reduced capacity, Shell spokesperson Cindy Babski said. The Mars pipeline remained offline but is expected to resume operation later on Friday, she said.

The market also absorbed contrasting demand views from the Organization of the Petroleum Exporting Countries (OPEC) and the International Energy Agency (IEA).

"We are seeing an economic slowdown, but its unclear if it's as big a slowdown as some of the recent outlooks have been predicting," said Ole Hansen, head of commodity strategy at Saxo Bank. "The demand will ebb and flow, but supply is still the main concern."

European sanctions on Russian oil are due to tighten later this year while a six-month coordinated energy release agreed by the United States and other developed economies is due to run its course by the end of the year.

On Thursday OPEC cut its forecast for growth in world oil demand in 2022 by 260,000 barrels per day (bpd). It now expects demand to rise by 3.1 million bpd this year.

The IEA, meanwhile, raised its demand growth forecast to 2.1 million bpd, citing gas-to-oil switching in power generation

The IEA also raised its outlook for Russian oil supply by 500,000 bpd for the second half of 2022 but said OPEC would struggle to boost production.

In the United States, import prices fell for the first time in seven months in July, helped by a strong dollar and lower fuel and nonfuel costs, while consumers' one-year inflation outlook ebbed in August, the latest signs that price pressures may have peaked.

上一篇:欧博电脑版下载(www.aLLbet8.vip):Trading ideas: AMMB, MMHE, Swift Haulage, Teladan Setia, Kuala Lumpur Kepong, Sime Darby, Tenaga Nasional, PMB Technology and Malaysia Pacific Corp

下一篇:CIMB named Best Investment Bank in Malaysia at Euromoney Awards 2022

网友评论

  • 2022-09-03 00:20:48

    "The drybulk shipping markets remained relatively firm in Q2FY2022 due to the shift in trading patterns as a result of the Ukraine-Russia conflict,” it said.只能夸你美丽帅气