男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

Global EditionASIA 中文雙語Fran?ais
World
Home / World / Newsmakers

Oil falls 5% to $28 on oversupply concerns

Updated: 2020-04-15 17:05
Share
Share - WeChat
A 3d printed oil pump jack is seen in front of displayed stock graph and "COVID-19" words in this illustration picture, April 14, 2020. [Photo/Agencies]

LONDON - Oil fell 5% to around $28 a barrel on Wednesday, pressured by reports suggesting persistent oversupply and collapsing demand due to global coronavirus-related lockdowns.

The International Energy Agency (IEA) on Wednesday forecast a 29 million barrel per day (bpd) dive in April oil demand to levels not seen in 25 years and said no output cut could fully offset the near-term falls facing the market.

Brent crude fell $1.49, or 5%, to $28.11 a barrel as of 0827 GMT, giving up an earlier gain. US West Texas Intermediate crude slid 51 cents, or 2.5%, to $19.60.

"There is no feasible agreement that could cut supply by enough to offset such near-term demand losses," the IEA said in its monthly report. "However, the past week's achievements are a solid start."

The Organization of the Petroleum Exporting Countries, along with Russia and other producing countries - a grouping known as OPEC+ - has partnered with other oil-pumping nations like the United States for a record supply-cutting agreement.

The IEA report added to downward pressure caused by rising inventories.

Industry group the American Petroleum Institute said on Tuesday that US crude inventories rose by 13.1 million barrels, more than analysts expected. Official government inventory figures are due later on Wednesday.

Reuters

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 大安市| 正镶白旗| 庄河市| 石林| 尼勒克县| 婺源县| 淮南市| 泸西县| 怀远县| 宣恩县| 扶风县| 盐山县| 敦化市| 宜都市| 博白县| 宁强县| 苗栗县| 徐水县| 江西省| 贡嘎县| 涞源县| 阿拉善盟| 平谷区| 遵化市| 介休市| 万山特区| 兴业县| 青阳县| 固阳县| 塔河县| 托克逊县| 金塔县| 越西县| 宁明县| 桐柏县| 启东市| 东丽区| 伊川县| 浦江县| 体育| 九寨沟县|