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。

,

SINGAPORE: Oil prices rose on Wednesday, rebounding from losses earlier in the session amid concerns over fuel demand and the broader economy ahead of an expected big hike in interest rates by the U.S. Federal Reserve.

In a volatile session, Brent crude futures for August were up 46 cents, or 0.4%, at $121.63 a barrel as of 0642 GMT after falling to as low as $120.65 earlier in the session on the back of a 0.9% decline on Tuesday.

U.S. West Texas Intermediate crude for July rose 41 cents, or 0.3%, to $119.34 a barrel, after hitting a low of $118.22 earlier in the day, having dropped 1.7% a day earlier.

Surging inflation has led investors and oil traders to brace for a big move by the Fed this week - a 75-basis-point increase, which would be the largest U.S. interest rate hike in 28 years.

"An aggressively hawkish signal from the (U.S.) Fed may increase concerns of a global recession, which may dampen the demands of the energy market," said Leona Liu, analyst at Singapore-based DailyFX.

"If the Fed announces a 75-basis-points hike tonight, oil prices may be notably weak against the dollar in the short term as a hawkish Fed may push investors flow into safe-haven dollar and hit risk-sensitive assets like oil."

On the demand side, China's latest COVID outbreak, traced to a 24-hour bar in Beijing, has raised fears of a new phase of lockdowns.

The country's economy, however, showed signs of recovery in May after slumping in the prior month as industrial production rose unexpectedly.

In its monthly report, the Organization of the Petroleum Exporting Countries (OPEC) stuck to its forecast that world oil demand will exceed pre-pandemic levels in 2022.

"Overall, the supply/demand situation remains supply-constrained, and I can't see that reality changing until the world economy slows sharply," said Jeffrey Halley, senior market analyst at OANDA.

Still, offering some support to prices is tight supply, which has been aggravated by a drop in exports from Libya amid a political crisis that has hit output and ports. - Reuters


转载说明:本文转载自Sunbet。 环球UG声明:该文看法仅代表作者自己,与本平台无关。转载请注明:新2代理网址(www.hg108.vip)_Oil prices climb, but expected U.S. interest rate hike looms
发布评论

分享到:

4年前火箭抢七三分27-0 登炮西决遭勇士逆转
4 条回复
  1. 找你妹
    找你妹
    (2022-07-10 00:07:14) 1#

    Telegram获取群成员www.tel8.vip)是一个Telegram群组分享平台。Telegram获取群成员包括Telegram获取群成员、telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组(其他)、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。Telegram获取群成员为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。
    前来围观

    1. 环球ug代理开户(www.ugbet.us)
      环球ug代理开户(www.ugbet.us)
      (2022-07-10 23:26:17)     

      亮点很多

    2. 香薰恋乆
      香薰恋乆
      (2022-07-26 12:39:12)     

      游玩人数:
      1-2人gogogo,评论走起

  2. 澳5彩票开户(www.a55555.net)
    澳5彩票开户(www.a55555.net)
    (2022-09-22 00:08:39) 2#

    The research house said under the current sustained high inflation scenario, investors should seek refuge in stocks of companies with strong pricing power.不行,你要当冠军啊

发表评论

◎欢迎参与讨论,请在这里发表您的看法、交流您的观点。