1. Text: | Print|

      Crude prices drop as Saudi Arabia cuts price

      2014-10-02 07:42 Xinhua Web Editor: Qin Dexing
      1

      Crude prices continued to lose Wednesday as report said Saudi Arabia cut its official selling prices.

      Crude prices gained in the early session as the data from the Energy Information Administration showed that U.S. crude supplies dropped 1.4 million barrels to 356.6 million barrels last week, while the expectation for it was another increase.

      Crude prices pared early gains as report said the Saudi Arabian Oil Co. cut its crude benchmark prices for Asian customers. It trimmed its November prices by between 20 cents to 1.2 dollars per barrel.

      Analysts regarded the cut as a battle for market share, signaling that Saudi Arabia will not lower its crude output in future. This thought weighed heavily on the crude prices.

      On the economic front, U.S. private sector employment increased by 213,000 jobs in September, according to a report released Wednesday by payrolls processor ADP. The increase beat market expectations.

      Investors were awaiting the U.S. Labor Department's nonfarm payroll report for September due on Friday to get a more comprehensive view of labor market conditions.

      Light, sweet crude for November delivery moved down 0.43 dollars to settle at 90.73 U.S. dollars a barrel on the New York Mercantile Exchange, while Brent crude for November delivery lost 0.51 dollars to close at 94.16 dollars a barrel.

      Comments (0)
      Most popular in 24h
        Archived Content
      Media partners:

      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.

      主站蜘蛛池模板: 免费国产叼嘿视频大全网站 | 国产成人无码精品久久久免费| 中文字幕无码视频手机免费看 | 亚洲国产精品无码久久久| 黄色网址在线免费| 亚洲AV福利天堂一区二区三| a毛片视频免费观看影院| 亚洲欧洲国产精品香蕉网| 黄色网址免费在线观看| 亚洲女初尝黑人巨高清| 美女视频黄a视频全免费网站色窝 美女被cao网站免费看在线看 | 一区二区无码免费视频网站 | 十八禁在线观看视频播放免费| 亚洲精品偷拍视频免费观看| free哆拍拍免费永久视频| 国产成A人亚洲精V品无码| 毛片免费在线观看| 亚洲乱码在线视频| 日本免费人成黄页在线观看视频 | 久久久精品国产亚洲成人满18免费网站 | 亚洲一区二区三区乱码A| 男人天堂免费视频| 久久综合亚洲色一区二区三区| 国产va免费精品观看精品| 亚洲AV噜噜一区二区三区| 亚洲第一区精品日韩在线播放| 久久久受www免费人成| 亚洲网址在线观看你懂的| 国产卡二卡三卡四卡免费网址| 国内成人精品亚洲日本语音 | 亚洲AV综合永久无码精品天堂| 亚洲精品WWW久久久久久| 久久久久久国产精品免费免费男同| 亚洲日本视频在线观看| 免费看国产精品麻豆| A片在线免费观看| 亚洲色大情网站www| 亚洲精品无码乱码成人| 最新中文字幕电影免费观看| 一级特黄a免费大片| 亚洲人成影院午夜网站|