久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

US EUROPE AFRICA ASIA 中文
Business / Economy

Brent oil hits lowest since late August

(Agencies) Updated: 2015-11-12 07:40

Brent oil hits lowest since late August

Men work at the process of extracting crude oil on the seashore in Kyaukpyu township, Rakhine state, Myanmar October 5, 2015. [Photo/Agencies]

Brent crude oil prices hit their lowest since late August on Wednesday on worries about growing US stockpiles, while the US dollar took a breather from recent gains.

US stocks ended a choppy session lower, with the drop in oil weighing on energy shares. European shares ended up 0.7 percent.

Copper prices ended higher after nearing a six-year low on mixed Chinese data, which showed growth in the world's second-biggest economy was still in low gear.

Worries that US crude inventories are building pressured oil prices.

American Petroleum Institute data showed US crude stockpiles jumped last week in a seventh week of builds. The build was also above forecasts by analysts in a Reuters poll. The US Energy Information Administration issues official inventory data on Thursday.

Brent fell $1.63 to settle at $45.81 a barrel, while US crude dropped $1.28 to settle at $42.93.

"You can talk all you want about oil demand being better next year and beyond, but right now we have a heck of a glut on our hands that I think has to be priced in some more," said John Kilduff, partner at New York energy hedge fund Again Capital.

The dollar, which had been on a charge since strong US jobs data last week boosted the probability of a Federal Reserve interest rate hike next month, slid against most major currencies as investors booked profits from the recent gains.

The US bond market was closed for Veterans Day, adding to the day's muted trading in bonds and other US markets.

The dollar index was down 0.4 percent at 98.929 after touching its highest in seven months Tuesday. The euro was up slightly against the dollar, last trading at $1.0741, after dropping below $1.07 for the first time in more than six months Tuesday morning.

China data hits metals

China's October industrial production growth cooled to 5.6 percent year-on-year, slightly lower than the 5.8 percent gain economists polled by Reuters had expected, though it was cushioned by a just-above-forecast 11 percent jump in retail sales.

China's economy is the world's biggest consumer of copper , which ended up 0.4 percent at $4,943 after hitting $4,885 a ton, its weakest since a six-year low of $4,855 in August. Zinc and lead, two other industrial metals, hit multi-year lows as well before recovering.

At the same time, the Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, continued to slip, falling 3.7 percent.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 欧美中文字幕一区二区三区 | 久久精品国产99久久6动漫欧 | 黑人巨大交牲老太 | 最新国产大片高清视频 | 国产精品亚洲一区二区在线观看 | 韩日黄色 | 欧美三级网站在线观看 | 日韩美女强理论片 | 欧美日韩亚洲国产精品 | 欧美成人一区二区 | 91精品国产高清91久久久久久 | 久草欧美 | 国产精品爱久久久久久久小 | 欧美日韩一区二区三区久久 | 久久riav.com| 在线播放高清国语自产拍免费 | 国产精品视频第一区二区三区 | 亚洲国产精品第一区二区三区 | 91人人视频国产香蕉 | 中文在线日韩 | 九九99香蕉在线视频网站 | 久久久国产乱子伦精品 | 国产91一区二区在线播放不卡 | 私人玩物福利 | 97国内免费久久久久久久久久 | 久久久久久在线 | 亚洲成人在线免费观看 | 最新欧美精品一区二区三区 | 国产成人一区二区三区视频免费 | xxxxxxxxhd日本| 全部免费国产潢色一级 | 亚洲制服欧美自拍另类 | 毛片1级| 国产成人福利美女观看视频 | 中文字幕在线视频观看 | 一区自拍 | 亚洲精品一区二区三区 | 欧美亚洲91 | 亚洲精品久久久久网站 | 免费一区二区三区 | 97免费公开视频 |