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

USEUROPEAFRICAASIA 中文雙語Fran?ais
Home / Fashion

Oil rises amid supply concerns

China Daily | Updated: 2008-06-11 07:25

Crude oil rose more than $1 a barrel as Merrill Lynch & Co and Citigroup Inc increased their price forecasts amid concern that supply from outside OPEC isn't climbing as fast as expected.

Citigroup boosted its 2008 Brent outlook 22 percent to $116.60 a barrel, while Merrill Lynch raised its forecast by 14 percent to $114. The International Energy Agency lowered its estimate for non-OPEC output this year by 300,000 barrels a day to 50.04 million, in its monthly report yesterday.

"Supply trends are growing slower than demand," said Adam Sieminski, Deutsche Bank's chief energy economist, in New York. "Prices are going to continue moving higher until the market becomes convinced that supply and demand will be in better balance by 2010 and beyond."

Crude oil for July delivery rose $1.90, or 1.4 percent, to $136.25 a barrel at 9:26 am on the New York Mercantile Exchange. Futures, which reached a record $139.12 a barrel on June 6, are more than double the level of a year ago.

Brent crude oil for July settlement rose $2.07, or 1.6 percent, to $135.98 a barrel on London's ICE Futures Europe exchange. Prices climbed to a record $138.12 on June 6.

OAO Gazprom, the world's biggest natural-gas company, expects oil prices to reach $250 a barrel "in the foreseeable future" as competition for energy resources increases, Chief Executive Officer Alexei Miller said.

"We are witnesses of a big jump in the price of hydrocarbons," Miller told reporters yesterday in Deauville, France.

Saudi Arabian Oil Minister Ali al-Naimi said that producing and consuming nations should meet "soon" to discuss how to deal with the record cost of crude, which "isn't justified in terms of market fundamentals".

Saudi Arabia is the world's top oil exporter and the most influential member in the Organization of Petroleum Exporting Countries.

"It's a step in the right direction, and I hope it will end up with some decisions which will lift spare production capacity upwards," said Fatih Birol, chief economist at the IEA.

"The main expectations that we have from those discussions is that there is an agreement to have more investment."

The IEA is a Paris-based organization that advises 27 developed nations on energy policy.

Agencies

(China Daily 06/11/2008 page17)

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 国产午夜精品久久久 | 少妇高潮一区二区三区喷水 | 国产动态图| 欧美三级精品 | 综合精品在线 | 99久久夜色精品国产亚洲 | 免费在线看a| 91久久网| 日韩一级免费视频 | 俺去俺来也在线www色官网 | 在线成人毛片 | 香蕉综合网 | 亚洲高清在线观看 | 久久视频这里只有精品 | 精品一级 | 亚洲国产精品成人综合色在线婷婷 | 午夜导航| 在线看片网站 | www日本高清视频 | 午夜私人影院在线观看 | 午夜av在线免费观看 | 日一区二区| 免费在线毛片 | 国产三级精品三级在线观看 | 青青草国产| 精品久久久久一区二区国产 | 久久亚洲综合色 | 日本久久网站 | 午夜久久久久久久久久 | 日韩欧美中文字幕在线视频 | 精品美女视频在线观看免费软件 | 一区二区三区在线免费观看视频 | 一二三区在线视频 | 日本久色 | 国产三级自拍 | 黄色一级片欧美 | 亚洲国产高清在线 | 免费观看一级一片 | 成人免费激情视频 | 国产一区二区三区视频在线 | 精品国产亚洲一区二区麻豆 |