bet9九州网址

  • <kbd id="sdring" ><rt id="sdring" ><bdo id="sdring" ></bdo></rt></kbd>
  • <source id="sdring" ></source>

    <b id="sdring" ></b>
  • <b id="sdring" ><acronym id="sdring" ><meter id="sdring" ></meter></acronym></b>

        <del id="sdring" ></del>
        Log in
        E-mail
        Password
        Remember
        Forgot password ?
        Become a member for free
        Sign up
        Sign up
        New member
        Sign up for FREE
        New customer
        Discover our services
        Settings
        Settings
        Dynamic quotes 

        MarketScreener Homepage  >  News  >  Economy & Forex  >  All News

        News : Economy & Forex
        Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 
        All NewsEconomyCurrencies / ForexCryptocurrenciesEconomic EventsPress releases

        bet9九州网址-bet20九州手机版——首页

        share with twitter share with LinkedIn share with facebook
        share via e-mail
        0
        11/12/2019 | 08:17am EST
        FILE PHOTO: A crude oil tanker is seen at Qingdao Port Shandong province

        Oil rose further above $62 a barrel on Tuesday, supported by hopes that U.S. President Donald Trump may signal progress on trade talks with China and lower inventories at a U.S. oil hub.

        Concern about slower economic growth and oil demand due to the fallout from the 16-month U.S.-China trade dispute sent prices lower on Monday. Trump gives a speech later on Tuesday and investors are keen for an update on the talks.

        Brent crude, the global benchmark, was up 29 cents at $62.47 a barrel by 1300 GMT, after falling as low as $61.90. West Texas Intermediate (WTI) crude rose 27 cents to$57.13.

        "The oil market is in a holding pattern," said Tamas Varga of oil broker PVM. "The next $5-$10 move will be decided by economic and trade considerations."

        "He is widely expected to delay his decision to impose tariffs on European car and auto part imports and will also shed further light on the status of the trade negotiations with China," Varga added, referring to Trump's speech.

        The U.S. president said on Saturday that talks with China were moving along "very nicely" but the United States would make a deal only if it was the right one. He said there had been incorrect reporting about U.S. willingness to lift tariffs.

        "Market participants continue to believe in a (partial) trade agreement to be signed soon," said Carsten Fritsch, analyst at Commerzbank. "Increasing doubts about this would put oil prices under pressure."

        Adding further support, U.S. data showed that crude inventories at Cushing, the delivery point for WTI, fell by about 1.2 million barrels in the week to Nov. 8, traders said, citing market intelligence firm Genscape.

        Cushing inventories had grown for five weeks in a row through Nov. 1, according to government data.

        Brent has risen 16% in 2019, supported by a supply-limiting pact by the Organization of the Petroleum Exporting Countries and allies including Russia. The producers meet on Dec. 5-6 to decide whether to extend the deal.

        Oman, one of the outside producers working with OPEC, said on Monday that the alliance would probably extend the agreement but was unlikely to increase the size of the supply cut.

        In a further supportive supply-side development, Goldman Sachs cut its 2020 forecast for growth in U.S. oil production, which has surged in recent years and helped keep a lid on prices.

        GRAPHIC: Cushing inventories - https://fingfx.thomsonreuters.com/gfx/editorcharts/OIL-CHUSHING-STOCKS/0H001QXJ09D2/eikon.png

        By Alex Lawler

        Stocks mentioned in the article
        ChangeLast1st jan.
        LONDON BRENT OIL 0.34% 62.46 Delayed Quote.15.20%
        WTI 0.88% 57.05 Delayed Quote.25.40%
        share with twitter share with LinkedIn share with facebook
        share via e-mail
        0
        Latest news "Economy & Forex"
        08:35aCURRENCYWORKS TARGETS AN EMERGING BRANDED DIGITAL CURRENCIES MARKET WITH BILLION DOLLAR POTENTIAL (TSXV AND OTCQB : Cwrk)
        AQ
        08:35aICC INTERNATIONAL CHAMBER OF COMMERCE : 6 reasons to download ICC's Incoterms 2020 app
        PU
        08:35aAGEAGLE AERIAL : Florida Department of Agriculture & Consumer Services Selects AgEagle's HempOverview for Managing Statewide Hemp Farming Registration Process
        PU
        08:35aPRESIDENT OF RUSSIA : Meeting with Head of the Federal Service for Financial Monitoring Yury Chikhanchin
        PU
        08:32aDubai's DP World signs deal to develop business park in Namibia
        RE
        08:30aEUROBODALLA SHIRE COUNCIL : Tech Savvy Seniors Roadshow | Moruya
        PU
        08:22aHomebuilder Horton sees 2020 home sales above estimates, shares rise
        RE
        08:20aARCADIA BIOSCIENCES : Verdeca Receives Approval of HB4ョ Drought and Herbicide Tolerant Soybeans in Paraguay
        PU
        08:19abet9九州网址-bet20九州手机版——首页
        RE
        08:17abet9九州网址-bet20九州手机版——首页
        RE
        Latest news "Economy & Forex"
        bet9九州网址

            ,