www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

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: 亚洲经典乱码在线播 | 男女同床爽爽视频免费 | 洋老外米糕国产一区二区 | 免费手机黄色网址 | 精品久久网站 | 久久亚洲国产午夜精品理论片 | 亚洲天堂爱爱 | 天天夜天干天天爽 | 中文字幕第9页 | 看成年女人免费午夜视频 | 久爱www免费人成福利播放 | 亚洲精品一区二区三区在线观看 | 日韩一页| 国产精品一区二区久久精品 | a站在线观看 | 欧美.成人.综合在线 | 亚洲免费成人网 | 久草观看视频 | 爱啪网亚洲第一福利网站 | 永久免费精品视频 | 一级成人黄色片 | 日日摸日日碰夜夜97 | 久久久午夜精品理论片 | 精品9e精品视频在线观看 | 成人午夜视频在线播放 | 欧美高清在线视频一区二区 | a亚洲| 色琪琪一本到影院 | 国产精品嘿咻嘿咻在线播放 | 毛片观看网址 | 亚洲国产韩国一区二区 | 中文字幕在线观看亚洲日韩 | 色偷偷资源网 | 国产成人一区二区三区影院免费 | 免费高清特黄a 大片 | 三级大片在线观看 | 中文字幕 亚洲 一区二区三区 | 新版天堂中文资源官网 | 国产性大片黄在线观看在线放 | 在线观看香蕉免费啪在线观看 | 国产欧美日韩在线人成aaaa |