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: 亚洲精品成人片在线播放| 毛片a级毛片免费播放100| 亚洲AV无码一区二区三区在线观看| 亚洲一区二区三区高清不卡| 精品香蕉在线观看免费| 91亚洲精品麻豆| 黄网站色在线视频免费观看| 亚洲尹人香蕉网在线视颅| 114级毛片免费观看| 亚洲国产精品成人综合久久久| **一级一级毛片免费观看| 亚洲无线一二三四区| 18勿入网站免费永久| 久久亚洲中文字幕无码| 亚洲国产成人五月综合网| 三级毛片在线免费观看| 久久丫精品国产亚洲av| 嘿嘿嘿视频免费网站在线观看| 亚洲影院天堂中文av色| 日本无卡码免费一区二区三区| 一级毛片不卡免费看老司机| 亚洲韩国精品无码一区二区三区| 免费无码毛片一区二区APP| 国产成人精品日本亚洲专区6| 永久免费AV无码网站在线观看| 杨幂最新免费特级毛片| 亚洲韩国精品无码一区二区三区| 日本h在线精品免费观看| 亚洲日韩中文字幕一区| 亚洲日韩在线观看免费视频| 日韩精品无码免费一区二区三区| 亚洲一区二区三区在线| 伊人久久亚洲综合影院| 久久青草免费91观看| 亚洲高清乱码午夜电影网| 国产亚洲精品无码专区| 成人免费一级毛片在线播放视频| 国产精品亚洲综合一区在线观看| 亚洲人成网7777777国产| 国语成本人片免费av无码| 久久精品免费网站网|