环球国际娱乐网址多少www.ugbet.us)开放环球UG代理登录网址、会员登录网址、环球UG会员注册、环球UG代理开户申请、环球UG电脑客户端、环球UG手机版下载等业务。

Brent crude futures for September settlement gained $5.11, or 5.1%, to settle at $106.27 a barrel, after rising 2.1% on Friday. U.S. West Texas Intermediate (WTI) crude futures for August delivery settled up $5.01, or 5.1%, at $102.60 after rising by 1.9% in the previous session.

NEW YORK: Oil prices rose more than US$5 on Monday, boosted by dollar weakness and expectations that the U.S. Federal Reserve won't raise interest rates by a full percentage point at its next meeting to combat inflation.

Brent crude futures for September settlement gained $5.11, or 5.1%, to settle at $106.27 a barrel, after rising 2.1% on Friday.

U.S. West Texas Intermediate (WTI) crude futures for August delivery settled up $5.01, or 5.1%, at $102.60 after rising by 1.9% in the previous session.

On Friday two U.S. Federal Reserve officials indicated the central bank would likely only raise interest rates by 75 basis points at its July 26-27 meeting. Previous reports that the Fed was considering a 100 basis point decision sent markets lower late last week.

The U.S. dollar .DXY retreated from multi-year highs on Monday, supporting commodities prices. A weaker dollar makes dollar-denominated commodities more affordable for holders of other currencies.

"Today’s strong advance resulted largely from a sizable and broad-based weakening in the U.S. dollar that has been providing a key driver behind daily oil price swings during the past several weeks," said Jim Ritterbusch, president of Ritterbusch and Associates LLC in Galena, Illinois.

,

欧博开户www.aLLbet8.vip)是欧博集团的官方网站。欧博官网开放Allbet注册、Allbe代理、Allbet电脑客户端、Allbet手机版下载等业务。

,

Both Brent and WTI last week registered their biggest weekly declines in about a month.

Oil supplies remain tight. As expected, U.S. President Joe Biden's trip to Saudi Arabia did not yield any pledge from the top OPEC producer to boost oil supply.

Biden wants Gulf oil producers to step up output to help to lower oil prices.

Russian gas export monopoly Gazprom declared force majeure on gas supplies to Europe to at least one major customer, according to the letter seen by Reuters, potentially ratcheting up the conflict between Moscow and Europe.

That added support to oil prices, as traders saw it potentially as a precursor to actions by Russia to use energy as a weapon.

"The other clear risk...is that Russia will further slash energy supplies to Europe to try to raise the cost of supporting Ukraine and imposing sanctions," said Helima Croft, head of global commodity strategy at RBC Capital Markets.- Reuters


转载说明:本文转载自Sunbet。 区块链百家乐声明:该文看法仅代表作者自己,与www.allbetgame.us无关。转载请注明:欧博开户(www.aLLbet8.vip):Oil price up US$5 on weaker US$, tight supplies
发布评论

分享到:

欧博平台怎么打赢:《科技》小米双旗舰登台 分搭高通、联发科处理器
1 条回复
  1. USDT官网接口(www.trc20.vip)
    USDT官网接口(www.trc20.vip)
    (2022-10-13 00:01:58) 1#


    小仙女求关注

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。