Oil Advances With Global SPR Release Smaller Than Expected_老虎社区_美港股上老虎

Oil Advances With Global SPR Release Smaller Than Expected

Bloomberg2021-11-23

(Bloomberg) -- Oil climbed, erasing an earlier loss, as a landmark plan from consumers to tap their strategic oil reserves was less severe than markets expected. Futures in New York wiped out losses ...

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ndut88
·2021-11-24
Ok
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ckh
·2021-11-24
Seems will be going up if opec+ not increasing production next week
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- 乌雨花香:
  👍
  2021-11-24
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Pluto891
·2021-11-24
in dilemma... sigh
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- WCH123:
  like
  2021-11-24
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Jen88
·2021-11-23
Ok
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UNCLEUNCLE
·2021-11-23
I see
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- Jen88:
  Ok
  2021-11-23
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- Minhoshuting:
  Ok
  2021-11-23
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SSim
·2021-11-23
Like pls
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5
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- JHFG:
  k
  2021-11-23
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- JoshuaLiew:
  Ok
  2021-11-23
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- RossT:
  So will it drop or up
  2021-11-23
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While the headline size of the U.S. release is large, a significant chunk of the crude will be borrowed -- to be returned later -- leaving traders expecting tighter balances down the line. The U.S. is making the move in concert with China, Japan, India, South Korea and the U.K.\nOil prices have hit multiyear highs in recent months amid a global energy crisis that’s added hundreds of thousands of barrels a day to consumption, while the world economy is grappling with surging inflation. The decision puts major consumers on a collision course with OPEC+, which views such a release as unjustified and may reconsider plans to add more supply at a meeting on Dec. 2.\nThe main announcements so far are:\n\nU.S.: 50 million barrels, 18 million of which are accelerated pre-approved sales while the remaining 32 million are part of an exchange\nIndia: 5 million barrels\nJapan: Several days worth of volume, according to local media\nChina: At least 7.33 million barrels, according to industry consultant JLC\nSouth Korea: Said it would release an unspecified volume\nU.K.: 1.5 million barrels\n\nThe news put pressure on the U.S. market, with so-called time spreads for nearby months weakening sharply after the announcement. However, outright prices traded higher than before the confirmation of the landmark move. 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will be going up if opec+ not increasing production next week","listText":"Seems will be going up if opec+ not increasing production next week","text":"Seems will be going up if opec+ not increasing production next 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pls","listText":"Like pls","text":"Like 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will it drop or up","text":"So will it drop or up","html":"So will it drop or up"},{"id":6694621,"gmtCreate":1637677930411,"gmtModify":1637677930548,"authorId":3581500801642403,"author":{"id":3581500801642403,"idStr":"3581500801642403","authorId":3581500801642403,"name":"x24","avatar":"https://static.tigerbbs.com/fa1bd70bb645bccd73eaf5fb04781e95","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":875492851,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"}],"langContent":"CN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":94,"commentSize":6,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}