日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Economy

Brent oil hits lowest since late August

(Agencies) Updated: 2015-11-12 07:40

Brent oil hits lowest since late August

Men work at the process of extracting crude oil on the seashore in Kyaukpyu township, Rakhine state, Myanmar October 5, 2015. [Photo/Agencies]

Brent crude oil prices hit their lowest since late August on Wednesday on worries about growing US stockpiles, while the US dollar took a breather from recent gains.

US stocks ended a choppy session lower, with the drop in oil weighing on energy shares. European shares ended up 0.7 percent.

Copper prices ended higher after nearing a six-year low on mixed Chinese data, which showed growth in the world's second-biggest economy was still in low gear.

Worries that US crude inventories are building pressured oil prices.

American Petroleum Institute data showed US crude stockpiles jumped last week in a seventh week of builds. The build was also above forecasts by analysts in a Reuters poll. The US Energy Information Administration issues official inventory data on Thursday.

Brent fell $1.63 to settle at $45.81 a barrel, while US crude dropped $1.28 to settle at $42.93.

"You can talk all you want about oil demand being better next year and beyond, but right now we have a heck of a glut on our hands that I think has to be priced in some more," said John Kilduff, partner at New York energy hedge fund Again Capital.

The dollar, which had been on a charge since strong US jobs data last week boosted the probability of a Federal Reserve interest rate hike next month, slid against most major currencies as investors booked profits from the recent gains.

The US bond market was closed for Veterans Day, adding to the day's muted trading in bonds and other US markets.

The dollar index was down 0.4 percent at 98.929 after touching its highest in seven months Tuesday. The euro was up slightly against the dollar, last trading at $1.0741, after dropping below $1.07 for the first time in more than six months Tuesday morning.

China data hits metals

China's October industrial production growth cooled to 5.6 percent year-on-year, slightly lower than the 5.8 percent gain economists polled by Reuters had expected, though it was cushioned by a just-above-forecast 11 percent jump in retail sales.

China's economy is the world's biggest consumer of copper , which ended up 0.4 percent at $4,943 after hitting $4,885 a ton, its weakest since a six-year low of $4,855 in August. Zinc and lead, two other industrial metals, hit multi-year lows as well before recovering.

At the same time, the Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, continued to slip, falling 3.7 percent.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 国产h视频在线观看 | 国产精品xxxxx | 99九九视频 | 久久久综合久久久 | 操碰97| 国产精品久免费的黄网站 | 一级黄视频 | 精品尤物 | 青青国产在线观看 | 欧美69av | 美女国产在线 | 色婷婷久久综合久色 | 亚洲视频免费 | av官网在线观看 | 国产成人免费 | 精品免费在线 | 噜噜色av| 五月天中文字幕mv在线 | 五月天毛片 | 日韩在线免费观看视频 | 亚洲国产视频在线 | 艳母免费在线观看 | 在线看片成人 | 奇米影视狠狠干 | 成人在线视频免费看 | 国色天香av| 四虎影视在线播放 | 视频在线一区二区 | 亚洲精品欧美在线 | 伊人天堂在线 | 四虎影院免费观看 | 成年视频在线播放 | 天天摸夜夜 | 伊人久久网站 | 婷婷一区二区三区 | 特级a毛片| 亚洲精品久久久久久国 | 91黄在线观看 | 一级欧美一级日韩 | 日韩精品视频免费在线观看 | 久久久久黄色片 |