Crude oil prices edge higher, pause from six-day losing streak
时间:2024-09-29 04:39:46 阅读(143)
Oil prices rose slightly in thin Asian trade on Thursday, pausing from a six-day losing streak fed by mounting concerns that more aggressive interest rate increases by central banks could pressure economic growth and fuel demand.
Brent crude futures rose 2 cents to $80.62 per barrel by 0110 GMT. West Texas Intermediate crude futures (WTI) rose 9 cents, or 0.1%, to $74.04 a barrel. Minutes from the latest U.S. Federal Reserve meeting showed that a majority of Fed officials agreed the risks of high inflation remained a key factor shaping monetary policy and warranted continued rate hikes until it was controlled.
U.S. oil inventories have climbed every week since mid-December, stoking investor worries about demand. A Reuters poll had forecast a 2.1 million barrel increase in crude stockpiles last week. Official data from the U.S. Energy Information Administration is due on Thursday at 1600 GMT.
猜你喜欢
- Adani Ports expects to handle 400 MMT of cargo in FY24
- Adani Group m-cap slips below $100 billion
- Rupee rises 6 paise to 83
- Paytm share price jumps 3
- Paradeep Phosphates IPO opens 17 May; check public issue size, price band, lot size, bid details
- Paradeep Phosphates Rs 1,500-crore IPO opens today; should you subscribe- Here’s what brokerages say
- SAMHI Hotels IPO opens for subscription, GMP up 28%; should you subscribe to the issue-
- Rupee slumps to fresh all-time low of 80
- PayMate India files IPO papers with Sebi to raise Rs 1,500 crore