哈希竞彩游戏源码(www.hx198.vip)_Oil falls on Beijing's Covid-19 warning and inflation concerns

admin 1周前 (06-16) 社会 7 0

哈希竞彩游戏源码www.hx198.vip)采用波场区块链高度哈希值作为统计数据,游戏数据开源、公平、无任何作弊可能性,哈希竞彩游戏源码开放单双哈希、幸运哈希、哈希定位胆、哈希牛牛等游戏源码下载、出售。

,

SINGAPORE: Oil prices dropped more than $2 on Monday as a flare-up in COVID-19 cases in Beijing dashed hopes for a rapid pick-up in China's fuel demand, while worries about global inflation and sluggish economic growth further depressed the market.

Brent crude futures fell $2.3, or 1.89%, to $119.71 a barrel by 0647 GMT, while U.S. West Texas Intermediate crude was at $118.4 a barrel, down $2.27, or 1.88%.

Prices fell after Chinese officials warned on the weekend of a "ferocious" spread of COVID-19 in the capital, where mass testing is planned until Wednesday.

"China remains the significant near-term downside risk, but most view the gradual normalisation of Chinese demand as a powerful positive for oil," Stephen Innes of SPI Asset Management said in a note.

That was despite the potential for lockdown noise in coming weeks, Innes added, with demand still far from reflecting normal conditions.

Both global oil benchmarks rose more than 1% last week after data showed robust oil demand in the world's top consumer, the United States, despite inflation concerns.

Their rise was aided by hopes for a consumption rebound in second-biggest global consumer China after lockdown measures were lifted from June 1.

Concerns about further interest rate hikes after Friday's red-hot U.S. inflation data are also weighing on global financial markets.

The U.S. consumer price index increased a bigger-than-expected 8.6% last month, in its largest annual increase since December 1981, official figures showed, dashing hopes that inflation had peaked.

"Worries over slowing economic growth dampening global consumption in the coming months and persistent COVID curbs in China denting its consumption in the short term are dominating market sentiment," Vandana Hari, founder of *** ysis provider Vanda Insights, said in a note.

Oil producers and refiners are running at full throttle to meet peak summer demand, while traders are watching closely for any possible impact from labour disputes in Libya, Norway and South Korea on oil exports and consumption.

To boost supplies in the West, top exporter Saudi Arabia plans to divert some crude to Europe from China in July, traders said. - Reuters


转载说明:本文转载自Sunbet。
Allbet声明:该文看法仅代表作者自己,与本平台无关。转载请注明:哈希竞彩游戏源码(www.hx198.vip)_Oil falls on Beijing's Covid-19 warning and inflation concerns

网友评论

  • (*)

最新评论

站点信息

  • 文章总数:8963
  • 页面总数:0
  • 分类总数:8
  • 标签总数:4201
  • 评论总数:3076
  • 浏览总数:857419