热门标签

皇冠会员手机管理端(www.hg9988.vip):Oil price up US$5 on weaker US$, tight supplies

时间:1个月前   阅读:26   评论:1

新2代理网址www.hg108.vip)实时更新发布最新最快最有效的新2网址和新2最新网址,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。

Brent crude futures for September settlement gained $5.11, or 5.1%, to settle at $106.27 a barrel, after rising 2.1% on Friday. U.S. West Texas Intermediate (WTI) crude futures for August delivery settled up $5.01, or 5.1%, at $102.60 after rising by 1.9% in the previous session.

NEW YORK: Oil prices rose more than US$5 on Monday, boosted by dollar weakness and expectations that the U.S. Federal Reserve won't raise interest rates by a full percentage point at its next meeting to combat inflation.

Brent crude futures for September settlement gained $5.11, or 5.1%, to settle at $106.27 a barrel, after rising 2.1% on Friday.

U.S. West Texas Intermediate (WTI) crude futures for August delivery settled up $5.01, or 5.1%, at $102.60 after rising by 1.9% in the previous session.

On Friday two U.S. Federal Reserve officials indicated the central bank would likely only raise interest rates by 75 basis points at its July 26-27 meeting. Previous reports that the Fed was considering a 100 basis point decision sent markets lower late last week.

The U.S. dollar .DXY retreated from multi-year highs on Monday, supporting commodities prices. A weaker dollar makes dollar-denominated commodities more affordable for holders of other currencies.

"Today’s strong advance resulted largely from a sizable and broad-based weakening in the U.S. dollar that has been providing a key driver behind daily oil price swings during the past several weeks," said Jim Ritterbusch, president of Ritterbusch and Associates LLC in Galena, Illinois.

,

皇冠会员手机管理端www.hg9988.vip)是一个开放皇冠会员手机管理端即时比分、皇冠网址代理最新登录线路、皇冠网址会员最新登录线路、皇冠网址代理APP下载、皇冠网址会员APP下载、皇冠网址线路APP下载、皇冠网址电脑版下载、皇冠网址手机版下载的皇冠新现金网平台。

,

Both Brent and WTI last week registered their biggest weekly declines in about a month.

Oil supplies remain tight. As expected, U.S. President Joe Biden's trip to Saudi Arabia did not yield any pledge from the top OPEC producer to boost oil supply.

Biden wants Gulf oil producers to step up output to help to lower oil prices.

Russian gas export monopoly Gazprom declared force majeure on gas supplies to Europe to at least one major customer, according to the letter seen by Reuters, potentially ratcheting up the conflict between Moscow and Europe.

That added support to oil prices, as traders saw it potentially as a precursor to actions by Russia to use energy as a weapon.

"The other clear risk...is that Russia will further slash energy supplies to Europe to try to raise the cost of supporting Ukraine and imposing sanctions," said Helima Croft, head of global commodity strategy at RBC Capital Markets.- Reuters


转载说明:本文转载自Sunbet。

上一篇:Telegram群组采集器:Yinson inks MoU with Cyberview to develop smart mobility ecosystem in Cyberjaya

下一篇:皇冠体育开户:Dewan Negara passes 4 bills

网友评论