立即注册,

不到 60 秒您即可继续访问:最新资讯提要分析主题和专题大宗商品视频、播客和博客样本市场价格和数据专题报道订阅用户通知和每日大宗商品电子邮件提醒

已有帐户?

登录以注册

忘记密码

请注意:Platts Market Center 订阅用户只能通过 Platts Market Center 重置密码

请在下面输入您的电子邮件 ID,我们将给您发送一封包含您密码的电子邮件。


  • 电子邮件地址* 请输入电子邮件地址。

如果您是高级订阅用户,出于安全原因,我们无法向您发送您的密码。请联系客服团队

如果您是 Platts Market Center 订阅用户,若要重置密码,请转到 Platts Market Center 重置您的密码。

在此列表中
石油

Crude oil futures lower on growing tensions between US and China

天然气 | 石油

Platts 情景规划服务

Bunker Fuel | 石油 | 原油 | 液化石油气 (LPG) | 石油风险 | 成品油 | 燃料油 | 汽油 | 航油 | 石脑油

appec

电力 | 天然气 | 石油 | 原油

伊拉克电力短缺叠加欧佩克+减产,促使巴格达向伊朗靠拢

Crude oil futures lower on growing tensions between US and China

Singapore — Crude oil futures were lower during mid-morning trade in Asia Thursday, as the market focus remained on the ongoing trade war between the US and China.

尚未注册?

接收每日电子邮件提醒、订阅用户通知并获得个性化体验。

立即注册

At 11:20 am Singapore time (0320 GMT), July ICE Brent crude futures were down 67 cents/b (0.95%) from Wednesday's settle to $69.70/b, while the NYMEX June light sweet crude contract lost 63 cents/b (1.01%) at $61.49/b.

"The effects of US-China trade tensions have imposed negative pressures on oil prices as traders fret over weaker fuel demand prospects," Benjamin Lu, investment analyst at Phillip Futures, said.

"Market watchers wait with bated breath as the US-Sino trade talks start today and will last over the next two days (May 9-10, 2019), as the sell-off in US-related and Asian equities continue," UOB Bank analysts said in a note.

The United States Trade Representative Wednesday took steps to formalize President Donald Trump's threat to boost tariffs on $200 billion worth of Chinese goods to 25% from 10% and the Chinese Ministry of Commerce warned of retaliatory steps if the US follows through, potentially affecting flows of US crude and LNG to one of its most significant markets, S&P Global Platts reported earlier.

In a statement Wednesday, China's Ministry of Commerce said escalating trade frictions are not in the interest of either country or the world and said the Chinese side regrets it will have to take countermeasures if the US goes ahead with the increase.

The USTR sent a notice to the Federal Register that is scheduled to be published Thursday. The tariff increase on the US side is expected to go into effect early Friday morning.

A Chinese delegation, led by Vice Premier Liu He, is scheduled this week to hold trade talks with the US in Washington, according to media reports.

"China has just informed us that they (Vice Premier) are now coming to the US to make a deal," Trump said on Twitter Wednesday. "We'll see, but I am very happy with over $100 billion a year in tariffs filling US coffers ...", he added.

The remarks made by Trump on Wednesday pulled prices lower despite a draw reported in US crude stocks last week, analysts noted.

Oilgram News

Platts Oilgram News brings fast-breaking global petroleum and natural gas news every day covering supply and demand trends, corporate news, government actions, exploration, technology, and much more. Click on the link below and we will set you up with a free trial.

Free Trial

According to data released Wednesday by the US Energy Information Administration, US crude inventories for the week ended May 3 were down 3.96 million barrels. Analysts surveyed by Platts on Monday were looking for US crude stocks to have declined by 2.2 million barrels for the same period.

Looking at Iran, another hot topic for the oil markets, Brian Hook, the US State Department's special representative for Iran, said the impact of US oil policy on crude prices has been minimal.

"Oil markets are stable and well-supplied," Hook said during an appearance at the Center for Strategic and International Studies that coincided with the one-year anniversary of Trump's formal withdrawal from the Iran nuclear deal.

"We have zeroed out purchases of Iranian crude and condensate in a measured way," Hook said.

Separately, in a television interview Wednesday, Abbas Araghchi, Iran's deputy foreign minister for political affairs, said to remain in the nuclear deal, known as the Joint Comprehensive Plan of Action, Iran wants oil and condensate exports to reach 2.8 million b/d -- the level it was last April.

Vishnu Varathan, senior economist at Mizuho Bank said: "Rising US-Iran tensions could put oil buoyancy back on track."

As of 0320 GMT, the US Dollar Index was up 0.03% at 97.4.

--Avantika Ramesh, avantika.ramesh@spglobal.com

--Edited by Geetha Narayanasamy, geetha.narayanasamy@spglobal.com