1. Text: | Print|

      Crude prices tumble on stronger dollar

      2014-11-04 08:35 Xinhua Web Editor: Qin Dexing
      1

      Crude prices retreated Monday as the U.S. dollar appreciated against other major peers, reducing the appeal of the dollar-priced crude in the eyes of investors holding other currencies.

      Dollar rose versus other major currencies Monday amid market speculation that the Federal Reserve is moving closer to its first interest rates hike while central banks in Europe and Japan are track for more monetary stimulus.

      The eurozone manufacturing sector remained in a state of near- stagnation in October, with the final seasonally adjusted Manufacturing Purchasing Managers Index (PMI) up slightly to 50.6 in October from September's 14-month low of 50.3, only marginally above the neutral 50.0 mark that divides expansion from contraction, said financial data firm Markit Monday.

      Crude prices were also weighed on the news that Saudi Arabia reduced the cost of its oil exported to the United States in the face of increasing North American output.

      Saudi Arabian Oil Co., the state-owned producer, cut prices for oil exported to the United States, the company said in a statement Monday. Traders regarded the move as a battle for more market share.

      Meanwhile, U.S. manufacturing sector activity grew at a slower pace in October, with the seasonally adjusted final Markit PMI index slipping to 55.9 from 57.5 in September, the slowest overall improvement in business conditions for three months.

      Light, sweet crude for December delivery moved down 1.76 U.S. dollars to settle at 78.78 dollars a barrel on the New York Mercantile Exchange, while Brent crude for December delivery lost 1.08 dollars to close at 84.78 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: 麻豆最新国产剧情AV原创免费| 全部免费a级毛片| 最近免费中文字幕大全免费 | 理论亚洲区美一区二区三区| 色偷偷尼玛图亚洲综合| 亚欧国产一级在线免费| 蜜臀98精品国产免费观看| 日韩a级毛片免费观看| 亚洲日本在线观看| 亚洲av片在线观看| 一级毛片直播亚洲| 久久久久亚洲AV片无码下载蜜桃| 337p日本欧洲亚洲大胆人人| 国产在线观看免费视频播放器| 久久亚洲AV无码精品色午夜| 一级做a爰片久久毛片免费陪 | 1000部拍拍拍18免费网站| 亚洲国产精品人人做人人爱| 亚洲va成无码人在线观看| 亚洲精品国产日韩无码AV永久免费网 | 亚洲黑人嫩小videos| 和日本免费不卡在线v| 亚洲国产精品嫩草影院| 每天更新的免费av片在线观看| 亚洲最大黄色网站| a在线观看免费视频| 国产禁女女网站免费看| 国产精品小视频免费无限app | 亚洲中文字幕无码av| 91免费福利精品国产| 精品亚洲成在人线AV无码| 免费在线看片网站| 无码国产精品一区二区免费3p| 国产亚洲精aa成人网站| 亚洲欧美国产精品专区久久| 国产成人精品免费视| 处破女第一次亚洲18分钟| 亚洲AV无码一区二区乱子伦| 一区二区免费国产在线观看| 久久精品国产亚洲av麻豆小说| 日韩视频在线免费观看|