皇冠博彩app
热门标签

以太坊单双博彩(www.eth108.vip):Oil steadies as China COVID fears face tight supply concerns

时间:3周前   阅读:8   评论:2

以太坊单双博彩www.eth108.vip)采用以太坊区块链高度哈希值作为统计数据,以太坊单双博彩数据开源、公平、无任何作弊可能性。

Brent futures for September delivery gained 8 cents, or 0.1%, to settle at US$107.10 a barrel, while U.S. West Texas Intermediate (WTI) crude CLc1 fell 70 cents, or 0.7%, to settle at $104.09. With the U.S. Federal Reserve expected to keep raising interest rates, open interest in New York Mercantile Exchange (NYMEX) futures fell on July 7 to its lowest since October 2015 as investors cut back on risky assets.

NEW YORK: Oil prices were little changed on Monday as markets balanced an expected drop in demand due to mass testing for COVID-19 in China against ongoing concerns over tight supply.

Brent futures for September delivery gained 8 cents, or 0.1%, to settle at US$107.10 a barrel, while U.S. West Texas Intermediate (WTI) crude CLc1 fell 70 cents, or 0.7%, to settle at $104.09.

With the U.S. Federal Reserve expected to keep raising interest rates, open interest in New York Mercantile Exchange (NYMEX) futures fell on July 7 to its lowest since October 2015 as investors cut back on risky assets.

Last week, oil speculators cut their net long futures and options positions on the NYMEX and Intercontinental Exchanges to their lowest since April 2020.

"The oil market is being pulled in two directions with exceedingly tight physical fundamentals set against forward-looking demand concerns and signs of price-induced demand destruction," analysts at EBW Analytics said in a note.

The market was rattled earlier in the session by news that China had discovered its first case of a highly transmissible Omicron subvariant in Shanghai that could lead to another round of mass testing, which would hurt fuel demand.

,

新2网址最新登录www.99cx.vip)实时更新发布最新最快最有效的新2最新登录网址,包括新2手机网址,新2备用网址,皇冠最新网址,新2足球网址,新2网址大全。

,

"The combined impact of concerns of global economic slowdown and a renewed COVID outbreak could hardly come at a worse time for oil markets," Investec Risk Solutions said in a note.

Also putting pressure on oil was a rise in the U.S. dollar .DXY against a basket of other currencies to its highest since October 2002. A stronger dollar reduces demand for oil by making the fuel more expensive for buyers using other currencies.

Euro zone finance ministers said the fight against inflation was the current priority despite dwindling growth in the bloc, as they were informed of a deteriorating economic outlook by the European Commission. Read full story

The market remains jittery about plans by Western nations to cap Russian oil prices, with Russian President Vladimir Putin warning that further sanctions could lead to "catastrophic" consequences in the global energy market.

JP Morgan said the market was caught between concern over a potential halt to Russian supplies and a possible recession.

"Macro risks are becoming more two-sided. A 3 million barrel (bbl) per day retaliatory reduction in Russian oil exports is a credible threat and if realized will drive Brent crude oil prices to roughly $190/bbl," the bank said in a note.

上一篇:Telegram游戏破解:Copper hits 17-month lows on China restrictions, manufacturing data

下一篇:casino trực tuyến:想当一次最佳男主角 林大辉

网友评论

  • 2022-10-04 00:12:08

    【Now财经台】本港股市于期指结算日重上21000点,连升第2个交易日。 我的心里只有这个了

    • 2022-10-07 23:25:37

      @皇冠代理线路(www.hg108.vip) 中国的美食文化博大精深,对于吃货来说,要是能够吃到一款非常美味的食物,无疑是一件非常幸福的事情。而在平常家庭的日常生活当中,最家常的一道菜,恐怕就是红烧肉了。而且无论小孩子还是大人都是非常喜欢的一道菜品。对于那些每天吃饭都少不了肉的人来说,红烧肉。简直就是食肉者的天堂。但是大家也都知道,在中国所有的人都是厨师。可以说,几乎每一个家庭都会多少得了解他的做法,而且红烧肉虽然是肥的,但是吃起来一点都不会腻,入口即化。红烧肉用老抽上色会发黑,用它上色每块都红亮发光,材料家里都有,心情都调整了呢