• <strike id="q0iu2"></strike>
  • The Annual Shale Gas Technology & Equipment Event
    logo

    The 15thBeijing International Shale Gas Technology and Equipment Exhibition

    ufi

    BEIJING,CHINA

    March 26-28,2025

    LOCATION :Home> News > Industry News

    Oil tops $61 as U.S. crude oil inventories seen declining

    Pubdate:2019-12-26 14:20 Source:liyanping Click:

    NEW YORK (Bloomberg) - Oil settled above $61/bbl amid light volume as U.S. President Donald Trump said a preliminary trade deal with China is “done” and ahead of government data expected to show another crude stockpile decline.

    Futures rose 1% in New York Tuesday to close at a three-day high. Trump suggested that the U.S. and China will sign a trade agreement ahead of a meeting with him and President Xi Jinping. American crude inventories fell by 1.5 million barrels last week, according to a Bloomberg survey before Energy Information Administration data on Friday and industry figures due later Tuesday.

    With prices on the rise since October, the market is heading into Christmas in a completely different state from a year ago. Implied volatility, a measure of how much traders are willing to pay for protection against price swings, is less than half of what it was a year ago.

    Oil is on course for the best month in nearly a year after the U.S. and China made a breakthrough on an initial trade deal and the Organization of Petroleum Exporting Countries and its partners agreed to deepen output cuts. American crude inventories are coming off their highs even as the nation pumps near-record levels and shale explorers revive drilling.

    “The speculative community is going to push as hard as they can to rally the market ahead of an expected storage draw on Friday,” said Robert Yawger, futures director at Mizuho Securities USA LLC in New York.

    West Texas Intermediate for February delivery settled 59 cents higher at $61.11 a barrel on the New York Mercantile Exchange. The contract is set for biggest quarterly gain since the first quarter.

    Brent for February settlement gained 81 cents to $67.20 a barrel on the ICE Futures Europe Exchange, a 3-month high. The global benchmark traded at a $6.09 premium to WTI.

    Saudi Arabia and Kuwait also agreed to resume oil production in their shared “neutral zone” more than four years after halting output. Chevron Corp. expects full production at the Wafra field to be restored within 12 months, although that timetable won’t likely to add significant amounts of oil to the market within the current duration of the OPEC+ production deal, which runs until the end of March.

    亚洲国产精品久久久久| 日韩免费视频播播| 久热这里只有精品视频6| 精品无码国产污污污免费网站国产 | 2022国产精品自产拍在线观看| 久久精品国1国二国三| 久久青青草原精品国产不卡| 麻豆国产96在线|日韩| 国产在视频线在精品| 国产精品毛片大码女人| 国产精品亚洲综合五月天| 久久综合国产乱子伦精品免费 | 日韩av一中美av一中文字慕| 国产真实乱人偷精品| 国产精品成人免费一区二区| 国产成人精品视频播放| 精品无码国产自产拍在线观看| 亚洲国产精品乱码一区二区| 中文精品无码中文字幕无码专区| 精品无码人妻一区二区三区不卡| 青青热久久国产久精品 | 依依成人精品视频在线观看| 成人精品一区二区激情| 成人综合久久精品色婷婷| 久クク成人精品中文字幕| 老汉精品免费AV在线播放| 久久久国产精品无码免费专区| 国产亚洲精品va在线| 色噜噜亚洲精品中文字幕| 精品伦精品一区二区三区视频 | 亚洲精品午夜无码电影网| 久久久久久久久久久免费精品| 成人午夜精品视频在线观看| 日韩精品无码人妻免费视频| 日韩精品久久久久久久电影蜜臀| 国产精品久久久久久影视| 国产精品亚洲色图| 国产精品国产三级国产普通话a| 国产精品自产拍在线网站| 国产精品色午夜免费视频| 国产精品久久毛片|