热门标签

Oil prices rise on signs of improving demand, gain 3% on week

时间:2周前   阅读:7   评论:1

皇冠管理端登3手机www.99cx.vip)实时更新发布最新最快最有效的皇冠管理端登3手机网址,包括新2登3手机网址,新2登3备用网址,皇冠登3最新网址,新2足球登3网址,新2网址大全。

KUALA LUMPUR: Oil prices rose as much as $1 on Friday on signs of improving fuel demand, although further gains were capped as the market awaited clues from the U.S. Federal Reserve chairman on the outlook for rate hikes in a speech later in the day.

Brent crude futures climbed 99 cents, or 1%, to $100.33 a barrel by 0620 GMT, while U.S. West Texas Intermediate (WTI) crude futures rose 98 cents, or 1.1%, to $93.50. Both contracts jumped in early trade by as much as $1 after slumping about $2 on Thursday.

Despite uncertainty over the pace of rate hikes in the United States to tackle soaring inflation, worries about oil demand destruction eased this week, putting the benchmark oil contracts on track for gains of around 3% for the week.

ANZ Research analysts said comments from some U.S. central bank officials ahead of Chair Jerome Powell's speech on Friday had cast a cloud over the economic backdrop.

"Nevertheless, signs of strong demand are emerging," ANZ Research analysts said in a note, pointing to data on encouraging road traffic growth.

"The most recent Congestion Index data from TomTom shows Asia Pacific, European and North American traffic levels all posting strong weekly growth in the week to August 24."

,

欧博电脑版www.aLLbet8.vip)是欧博集团的官方网站。欧博官网开放Allbet注册、Allbe代理、Allbet电脑客户端、Allbet手机版下载等业务。

,

Congestion levels in China also rebounded, ANZ said, pointing to Baidu data.

The prospect of the Organization of the Petroleum Exporting Countries (OPEC) curbing output to offset production increases from Iran also supported prices.

Sources told Reuters that potential OPEC+ production cuts mooted this week by Saudi Arabia are likely to coincide with the return of Iran to oil markets should it clinch a nuclear deal with the West.

Crude markets may remain supported, said Tina Teng, an analyst at CMC Markets, as the supply cartel signalled it would cut output if oil prices weaken.

Tehran is reviewing Washington's response to a European Union-drafted final offer to revive a nuclear deal, with the EU expecting a response soon. It is unclear, though, how quickly Iranian oil exports would resume if a deal is reached.

If sanctions are lifted against Iran, it could take around a year and a half for it to reach its full capacity of 4 million barrels per day, up 1.4 million bpd from its current output. - Reuters


转载说明:本文转载自Sunbet。

上一篇:飞机群组(www.tg888.vip):UOB Malaysia introduces UOB Infinity to corporate clients

下一篇:皇冠官网(www.hg108.vip):Firms should take advantage of government initiatives

网友评论

  • 2022-09-14 00:10:29

    MSSB’s principal activity is the generation and sale of solar energy. It owns a rooftop solar photovoltaic (PV) system on the rooftop of Universiti Teknologi Malaysia Kuala Lumpur and has an ongoing power purchase contract to supply energy to Tenaga Nasional Bhd under a feed-in tariff concession of RM0.98 per kWh up to 2037.跟期待的一样