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: 国产日韩亚洲精品| 日韩在线一级片| 久久人人97超碰精品888| 国产精品久久久久久久久久三级| 亚洲精品国产一区| 成人精品网站在线观看| 久久亚洲精品网站| 国产一区视频在线播放| 五月婷婷综合色| 国产精品激情自拍| 久久精品人人做人人爽电影 | 蜜臀久久99精品久久久酒店新书| 国产在线欧美日韩| 国产精品久久久久久av福利| 欧美综合在线第二页| 日韩免费在线播放| 亚洲国产精品毛片| 97精品一区二区视频在线观看 | 99免费视频观看| 91精品国产91久久久久久吃药 | 国产精品免费观看高清| 韩日欧美一区二区| 99精品国产高清在线观看| 欧美激情亚洲另类| 欧美激情 国产精品| 亚洲图片在线观看| 欧美中文字幕在线| 人妻av无码专区| 国产亚洲二区| 亚洲色欲综合一区二区三区| 国产亚洲欧美在线视频| 91久久久精品| 一区二区不卡视频| 精品丰满人妻无套内射| 久久精品视频中文字幕| 欧洲精品久久久| 国产一区亚洲二区三区| 国产精品亚洲综合天堂夜夜| 中文字幕在线亚洲三区| 久久久久久香蕉| 日本三级中国三级99人妇网站|