• <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 steadies after giving up gains from U.S.-Iran hostilities

    Pubdate:2020-01-10 09:45 Source:liyanping Click:

    SINGAPORE (Bloomberg) - Oil steadied after rapidly shedding all of its gains from the clash between the U.S. and Iran, as traders waited to see whether any further hostilities will disrupt exports from the Middle East.

    Brent held above $65 a barrel on Thursday, having tumbled 4.2% the previous day as President Donald Trump downplayed the impact of missile attacks on American bases in Iraq, allaying concerns that Washington and Tehran were headed for military confrontation.

    Still, the Pentagon said it’s too early to tell what Iran will do next, and Sky Arabia reported a new rocket attack targeting the Green Zone in Baghdad on Thursday, reflecting heightened political tensions across the oil-rich region.

    Oil surged last week when the U.S. assassinated Iran’s most powerful military commander, Qassem Soleimani, in an airstrike in Baghdad, and then climbed to almost $72 a barrel Wednesday after Iran retaliated. Yet the gains very quickly fizzled as the prospect of war receded. With U.S. shale-oil supplies plentiful and spare capacity across OPEC nations high, it would take a disruption to physical supplies to keep prices elevated, according to Goldman Sachs Group Inc.

    “As geopolitical tensions appear to enter a new equilibrium, rather than escalate further, the overall supply conditions in the market tend to favor oil reverting lower,” said Harry Tchilinguirian, head of commodity markets strategy at BNP Paribas SA. “The oil market could turn its attention back to assessing fundamentals again and find that they are not particularly price-supportive.”

    Brent futures for March settlement fell 2 cents to $65.42 a barrel on the ICE Futures Europe exchange as of 10:46 a.m. in London after rising as much as 1% earlier. The contract slumped 4.2% to settle at $65.44 on Wednesday, the lowest since Dec. 16, after earlier rising as much as 5.1%.

    West Texas Intermediate for February delivery was 7 cents higher at $59.68 a barrel on the New York Mercantile Exchange after climbing as much as 1.2% earlier. Futures initially climbed above $65 a barrel on Wednesday, yet declined 4.9% to close at $59.61, the lowest since Dec. 12.

    The Pentagon’s Joint Chiefs of Staff Chairman Mark Milley told reporters that Iran targeted personnel with the intent to kill, while Iranian President Hassan Rouhani tweeted that the government’s final answer to the assassination will be to “kick all U.S. forces out of the region.”

    “We saw furtive albeit modest injections of a fear premium but an equally quick deflation as soon as it appeared that oil supply from the region had not been affected,” said Vandana Hari, founder of Vanda Insights in Singapore. “However, it may be a mistake to regard this is as an enduring cool down.”

    亚洲中文字幕久久精品蜜桃| 国产精品视频二区不卡| 国产l精品国产亚洲区在线观看 | 国产呦小j女精品视频| 国产精品三级视频| 精品人妻无码专区中文字幕| 99在线精品国自产拍中文字幕| 久久精品国产亚洲AV网站| 日韩毛片在线免费观看| 亚洲av日韩av天堂影片精品| 成人区人妻精品一区二区三区| 亚洲日韩精品射精日| 日韩精品久久一区二区三区 | 国产精品三级在线观看无码| 国产精品99久久久久久猫咪| 亚洲国产精品无码观看久久| 国产亚洲美女精品久久久2020| 国产精品久久久久久亚洲小说| 久久99国产精品视频| 在线成人精品国产区免费| 黄床大片免费30分钟国产精品| 日韩精品一区二区三区中文3d | 亚洲国产精品一区二区九九| 国产精品婷婷久青青原| 99热热久久这里只有精品166| 亚洲精品高清在线| 亚洲精品国产av成拍色拍| 91精品免费观看| 精品无码国产自产拍在线观看蜜| 日韩在线高清视频| 国产精品久久久久久久久久影院 | 精品无码AV一区二区三区不卡 | 人妻熟妇乱又伦精品视频APP| 国产一精品一av一免费爽爽| 日韩成人无码影院| 精品久久久久香蕉网| 国产一区二区三区精品视频| 国产精品爽爽va在线观看无码| 久久青青草原精品国产| 国产a∨精品一区二区三区不卡| 日韩精品无码一区二区视频|