1. Text: | Print|

      Crude price declines amid ample supplies, strong dollar

      2014-11-02 09:23 Xinhua Web Editor: Qin Dexing
      1

      U.S. crude price retreated Friday amid increasing global supplies and a stronger U.S. dollar, making the dollar-priced crude less attractive for buyers holding other currencies.

      Crude output from the Organization of Petroleum Exporting Countries grew by 53,000 barrels to 30.974 million barrels a day, the Bloomberg survey showed, reaching a 14-month high. OPEC's production accounts for about 40 percent of the world's oil supply.

      For the week ended Oct. 24, U.S. crude stockpiles in the United States increased 36,000 barrels to 8.97 million barrels per day, according to the Energy Information Administration (EIA), the highest level since 1986.

      Nationwide crude stockpiles in the United States increased 2 million barrels to 379.7 million last week. Stockpiles at Cushing, Oklahoma, the delivery point for WTI, gained 800,000 barrels to 21. 4 million.

      Crude prices also lost as U.S. dollar appreciated after the Bank of Japan's (BOJ) surprise expansion of stimulus.

      BOJ policy makers on Friday shocked market analysts by voting to increase its purchasing of Japanese government bonds from financial institutions so that their amount outstanding will increase at an annual pace of about 80 trillion yen.

      On the economic front, encouraging U.S. consumer data failed to support the crude prices.

      U.S. consumer confidence rose in October to the highest level since July 2007, according to a survey released Friday. The Thomson Reuters/University of Michigan's final reading of the October consumer sentiment index was 86.9, up from 84.6 in September, beating market expectations.

      Light, sweet crude for December delivery move down 58 cents to settle at 80.54 U.S. dollars a barrel on the New York Mercantile Exchange, while Brent crude for December delivery lost 38 cents to close at 85.86 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: 亚洲中文字幕无码不卡电影| 97无码免费人妻超级碰碰碰碰| 美国毛片亚洲社区在线观看| 欧美色欧美亚洲另类二区| 无码AV动漫精品一区二区免费| a毛片久久免费观看| 亚洲国产成人精品无码区二本| 一级特黄a大片免费| **aaaaa毛片免费同男同女| 日本免费一二区在线电影| 丝袜熟女国偷自产中文字幕亚洲| 全黄A免费一级毛片| 噼里啪啦免费观看高清动漫4| 亚洲电影日韩精品| 中文字幕在线观看亚洲视频| 午夜成人无码福利免费视频| 亚洲伊人久久综合影院| 亚洲熟女综合色一区二区三区| a在线观看免费视频| 亚洲国产日韩一区高清在线| 亚洲成av人片在线天堂无| 免费一级毛片免费播放| 亚洲神级电影国语版| 乱淫片免费影院观看| 亚洲av无码精品网站| 无人视频免费观看免费视频| 亚洲一区无码精品色| 久久免费视频观看| 国产99视频免费精品是看6| 亚洲乱码在线播放| 国产成人精品一区二区三区免费| 免费国产美女爽到喷出水来视频| 国产99久久久久久免费看| 国产成人免费ā片在线观看| 亚洲精品天堂在线观看| 亚洲美女视频免费| 久久精品国产亚洲AV天海翼| 国产亚洲一区二区三区在线观看| 日本高清免费中文在线看| 亚洲无线电影官网| 午夜亚洲国产成人不卡在线|