亚洲欧洲国产日韩精品_国产中文字幕亚洲_久久综合久久网_久久综合久久网

The Annual Equipment of Pipeline and Oil &Gas Storage and Transportation Event
logo

The 27thBeijing International Exhibition on Equipment of Pipeline and Oil & Gas Storage and Transportation

ufi

BEIJING, China

March 17-19,2027

LOCATION :Home> News> Industry News

Oil extends loss as U.S. and Iran signal return to negotiations

Pubdate:2019-07-17 09:29 Source:liyanping Click:

NEW YORK and LONDON (Bloomberg) -- Oil extended losses below $60/bbl on the prospect of easing tensions between the U.S. and OPEC member Iran, and as Gulf of Mexico producers began resuming operations after a storm.

Futures fell as much as 3.2% in New York on Tuesday, after Secretary of State Mike Pompeo said Iran, which has been hit by American sanctions over its weapons program, had signaled an openness to talks. That followed similar comments from the Islamic Republic’s foreign minister, Mohammad Javad Zarif, the first signs of a possible diplomatic solution since the U.S. sought to curb the Middle East producer’s revenues by squeezing its oil exports.

Oil explorers and refiners along the Gulf coast, meanwhile, are returning employees after the former Hurricane Barry shuttered almost three-quarters of output over the weekend. That’s expected to be a factor in the latest tally of American stockpiles, which probably declined by 3 MMbbl last week, according to a Bloomberg survey.

Oil has rallied about 10% since mid-June on shrinking U.S. inventories, rising tensions over Iran and extended cuts by the Organization of Petroleum Exporting Countries and its partners. Geopolitical risk heightened Tuesday as the U.S. said it was probing the fate of a small Emirati tanker that entered the Persian Gulf state’s waters. Still, expanding supply, including from American shale fields, and weaker demand are concerns.

“Bullish catalysts are in short supply,” analysts at London-based broker PVM Oil Associates Ltd. said in a note to clients. “The Gulf Coast of Mexico hurricane premium is fading as offshore operations in the region resume. At the same time, the U.S. shale engine continues to give oil bulls a sleepless night.”

Oil climbed earlier in the day along with U.S. equities after American retail sales, factory output and housing reports all beat forecasts. However, the rally fizzled amid speculation the data could deter the Federal Reserve from cutting interest rates.

August West Texas Intermediate oil was down $1.91 at $57.67/bbl on the New York Mercantile Exchange as of 1:25 p.m., after losing 1.1% on Monday. Brent futures for September settlement slipped $1.69 to $64.79 on the ICE Futures Europe Exchange in London. The global benchmark crude was at a premium of $6.80 to WTI for the same month.

Royal Dutch Shell Plc and ConocoPhillips are among companies seeking to restore output at offshore platforms in the Gulf of Mexico now that weather conditions have improved. The region accounts for 16% of total U.S. crude oil production, according to the Energy Department.

“In the short-term, given that we’re in peak driving season, we’re going to continue to see inventories draw,” Sanford C. Bernstein analyst Oswald Clint said in a Bloomberg TV interview. “OPEC needs to keep a lid on production and potentially cut more if it’s going to continue to manage prices around the $70/bbl mark.”

主站蜘蛛池模板: 97精品视频在线| 一区二区免费在线观看 | 久久精品第九区免费观看| 91精品国产精品| 久久综合电影一区| 日韩欧美精品一区二区三区经典| 国产精品高清在线| 国产日韩在线亚洲字幕中文| 欧美精品亚洲精品| 日本最新高清不卡中文字幕V| 亚洲自拍中文字幕| 国产精品久久久av久久久| 国产亚洲综合视频| 久久人人爽亚洲精品天堂| 欧美在线一区二区三区四| 91精品国产综合久久香蕉最新版| 国产专区欧美专区| 久久精品视频91| 欧美精品亚洲精品| 欧美日韩一区在线播放| 日韩成人手机在线| 日韩精品久久久| 日韩精品福利视频| 日本三级韩国三级久久| 视频一区免费观看| 日韩在线观看精品| 日本黄网免费一区二区精品| 日韩精品一区二区三区外面| 日韩精品福利片午夜免费观看| 亚洲精品自在在线观看| 国产精品96久久久久久| 国产精选一区二区| 国产欧美日韩在线播放| 国产精品亚洲аv天堂网| 国产精品美腿一区在线看| 国产精品视频最多的网站| 国产欧美欧洲| 不卡日韩av| 亚洲午夜精品一区二区| 色婷婷综合久久久久| 欧美在线观看日本一区|