皇冠体育寻求亚洲战略合作伙伴,皇冠代理招募中,皇冠平台开放会员注册、充值、提现、电脑版下载、APP下载。

首页社会正文

新2备用网址(www.hg108.vip):Oil slumps on fears over economic slowdown, stronger dollar

admin2022-08-3112

新2备用网址www.hg108.vip)是一个开放新2网址即时比分、新2网址代理最新登录线路、新2网址会员最新登录线路、新2网址代理APP下载、新2网址会员APP下载、新2网址线路APP下载、新2网址电脑版下载、新2网址手机版下载的新2新现金网平台。新2网址登录线路最新、新2皇冠网址更新最快,皇冠体育APP开放皇冠会员注册、皇冠代理开户等业务。

TOKYO: Oil prices slumped on Monday, ending three days of gains, as investors were concerned aggressive U.S. interest rate hikes will weaken the global economy and dent fuel demand while a strengthening dollar also added to pressure.

Brent crude futures for October settlement declined $1.20, or 1.2%, to $95.52 a barrel by 0458 GMT.

U.S. West Texas Intermediate (WTI) crude futures for September delivery, due to expire on Monday, were down $1.24, or 1.4%, at $89.53 a barrel. The more active October contract was at $89.27, down $1.17, or 1.3%.

Both Brent and WTI climbed for a third straight day on Friday, but fell about 1.5% for the week on a stronger dollar and demand fears.

"Growing fears over a global economic slowdown are behind the fall in oil markets," said Tatsufumi Okoshi, senior economist at Nomura Securities.

"A higher U.S. dollar also prompted fresh selling," he said.

The dollar index rose to a five-week high on Monday after Richmond Fed President Thomas Barkin said the "urge" among central bankers was towards faster, front-loaded interest rate increases.

,

Telegram游戏频道www.tel8.vip)是一个Telegram群组分享平台。Telegram游戏频道包括Telegram群成员导出、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游戏频道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。

,

A stronger dollar makes oil more expensive for buyers in other currencies.

Investors will be paying close attention to comments by Fed Chair Jerome Powell when he addresses an annual global central banking conference in Jackson Hole, Wyoming, on Friday.

The Fed is seen as having more room to hike rates than central banks of other large economies which are more fragile.

Prices also fell on worries over slowing fuel demand in China, the world's largest oil importer, because of a power crunch in the southwest caused by a heatwave.

"China's power restriction in some regions is also a concern as it could affect economic activity," said Hiroyuki Kikukawa, general manager of research at Nissan Securities.

China's southwestern province of Sichuan will extend curbs on industrial power consumers until Aug. 25 as it tries to deal with dwindling hydropower output and surging household electricity demand following a long heatwave, financial news service Caixin said.

In a sign of overall concern about the Chinese economy, Beijing cut its benchmark lending rate and lowered the mortgage reference by a bigger margin on Monday, adding to last week's easing measures, to revive an economy hobbled by a property crisis and a resurgence of COVID cases.

Meanwhile, the leaders of the United States, Britain, France and Germany discussed efforts to revive the 2015 Iran nuclear deal, the White House said on Sunday, though no further details were provided. - Reuters


转载说明:本文转载自Sunbet。

网友评论

1条评论
  • 2022-08-31 23:54:36

    Voo said the UTM system, expected to be completed by October next year, will shorten the period for issuing drone flight permits from 14 days to 24 hours.就很好啊