Oil edges higher after slide below US$100

电报群搜索机器人www.tel8.vip)是一个Telegram群组分享平台。电报群搜索机器人包括电报群搜索机器人、telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组(其他)、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。电报群搜索机器人为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。

LONDON: Oil edged up on Wednesday, a day after settling below $100 a barrel for the first time since April, and gains were limited by a U.S. supply report showing rising inventories and caution ahead of U.S. inflation data.

Despite a tight physical oil market, investors have sold oil futures on worries that aggressive rate hikes to stem inflation will slow economic growth and hit oil demand. Prices fell by more than 7% on Tuesday in volatile trade.

Brent crude was up 73 cents, or 0.7%, at $100.22 a barrel at 0813 GMT. U.S. West Texas Intermediate crude gained 68 cents, or 0.7%, to $96.52.

"Although I don't rule out more downside surprises, I believe the recent selloff could be getting a little overdone," said Jeffrey Halley of brokerage OANDA.

Brent is down sharply since hitting $139 in March, close to the all-time high reached in 2008. Renewed COVID-19 curbs in China have weighed on the market this week.

,

新2开户www.hg108.vip)是一个开放皇冠正网即时比分、新2开户的平台。新2线上开户平台(www.hg108.vip)提供最新皇冠登录,皇冠APP下载包含新皇冠体育代理、会员APP。

,

"The worry is that this could lead to a lockdown," said Naeem Aslam at Avatrade of the Chinese COVID developments. "In addition to this, traders are worried about economic slowdown around the globe."

On investors' radar on Wednesday is the U.S. June consumer prices data, which economists expect to show that U.S. inflation has accelerated to 1.1% monthly and 8.8% annually.

And for the oil market, the latest U.S. supply report from the Energy Information Administration will be in focus. Analysts expect a decline in crude and gasoline inventories.

Still, according to figures from industry group the American Petroleum Institute, cited by sources on Tuesday, crude stocks rose about 4.8 million barrels, weighing on prices.

The market also is watching U.S President Joe Biden's visit to the Middle East, where he is expected to ask Saudi Arabia and other Gulf producers to raise oil output to help stabilise prices. - Reuters


转载说明:本文转载自Sunbet。

添加回复:

◎欢迎参与讨论,请在这里发表您的看法、交流您的观点。