Oil Erases Drop as OPEC+ May Spurn Biden’s Appeal on Production_老虎社区_美港股上老虎

Oil Erases Drop as OPEC+ May Spurn Biden’s Appeal on Production

Bloomberg2021-11-01

(Bloomberg) -- Oil erased an early decline as OPEC+ may resist mounting pressure this week to boost production at a faster clip, and traders looked beyond China’s release of fuel reserves to quell ...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

hbtho
·2021-11-01
Upupup...
回复
2
举报
JENerousity
·2021-11-01
Cann use vegetable oil instead??
回复
1
举报
收起
- JENerousity:
  Lul
  2021-11-01
  回复
  举报
bigninja
·2021-11-01
Sniff petrol prices keep going up
回复
3
举报
PearlynCSY
·2021-11-01
OPEC+ surely won't be bother with Biden's appeal as they know US can't be trusted especially after the Afghanistan fiasco
回复
2
举报
收起
- SandDust:
  Game theory
  2021-11-01
  回复
  举报

热议股票

7x24

全部

关于我们·老虎社区守则·老虎社区账号管理规范·老虎社区服务协议·老虎社区隐私政策

公司名称：北京至简风宜信息技术有限公司

违法和不良信息投诉：010-5681-3562（工作时间9:30-18:30）

邮箱：service@laohu8.com

营业执照：91110105MA01A4U55R

ICP备：京ICP备18016422号

网安备：京公网安备11010502036490

关注我们

{"i18n":{"language":"zh_CN"},"data":{"share":"https://www.laohu8.com/m/news/2180220349?lang=zh_CN&edition=full","thumbnail":"","is_english":true,"pubTime":"2021-11-01 10:50","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2180220349","market":"fut","top_or_hot":-1,"title":"Oil Erases Drop as OPEC+ May Spurn Biden’s Appeal on Production","media":"Bloomberg","content":"<div>\n<p>(Bloomberg) -- Oil erased an early decline as OPEC+ may resist mounting pressure this week to boost production at a faster clip, and traders looked beyond China’s release of fuel reserves to quell ...</p>\n\n<a href=\"https://finance.yahoo.com/news/oil-drops-start-key-week-231313201.html\">网页链接</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Oil Erases Drop as OPEC+ May Spurn Biden’s Appeal on Production</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOil Erases Drop as OPEC+ May Spurn Biden’s Appeal on Production\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-01 10:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/oil-drops-start-key-week-231313201.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Oil erased an early decline as OPEC+ may resist mounting pressure this week to boost production at a faster clip, and traders looked beyond China’s release of fuel reserves to quell ...</p>\n\n<a href=\"https://finance.yahoo.com/news/oil-drops-start-key-week-231313201.html\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BAC","symbol_name":"美国银行","start_time":0,"source_url":"https://finance.yahoo.com/news/oil-drops-start-key-week-231313201.html","article_id":"2180220349","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2180220349","pubTimestamp":1635735002,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"(Bloomberg) -- Oil erased an early decline as OPEC+ may resist mounting pressure this week to boost ","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BAC":"美国银行","CM":"加拿大帝国商业银行","GS":"高盛"},"translate_title":"随着欧佩克+可能拒绝拜登的产量呼吁，石油擦除量下降","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BAC":0.9,"CLmain":0.9,"CM":0.6,"GS":0.6,"VIAC":0.6,"VIACA":0.6,"VIACP":0.6},"content_text":"(Bloomberg) -- Oil erased an early decline as OPEC+ may resist mounting pressure this week to boost production at a faster clip, and traders looked beyond China’s release of fuel reserves to quell shortages.\nGlobal benchmark Brent was steady after recouping an initial loss of 0.8%. Speaking in Rome after a Group of 20 summit on Sunday, President Joe Biden criticized Saudi Arabia and Russia for their inadequate response to managing supply, while declining to say what he planned to do if producers don’t respond. Key time-spreads pointed to a tight global crude market.\nCrude has soared this year, with production trailing supply as the global economy recovered from the impact of the pandemic. An energy crunch marked by shortages of gas and coal has also stoked oil demand. Still, the Organization of Petroleum Exporting Countries and its allies have loosened supply curbs imposed last year at only a modest pace, making the case that risks remain.\nThe tightness in the crude market is reflected in deeply backwardated pricing patterns, with traders willing to pay a premium for near-term supply. Brent’s prompt spread was $1.24 a barrel on Monday, up from 82 cents a week ago.\nOPEC+ is scheduled to gather virtually on Thursday, and may stick with a planned monthly increase of 400,000 barrels a day despite the escalating concerns from top consumers that lofty energy costs will fan inflation and act as a brake on the recovery. Angola and Iraq were the latest members of the alliance to affirm their support for the current conservative stance on output.\nGoldman Sachs Group Inc. estimates global demand topped supply by 2.5 million barrels a day last month, describing the deficit as “unresolved” in an Oct. 29 note. The bank stuck with a forecast that Brent will hit $90 a barrel.\nThe increasingly blunt sparring over OPEC+ production came as world leaders pivot to a critical climate conference that’s meant to limit the use of fossil fuels. The G-20 summit in Rome produced only a tepid agreement, leaving it to negotiators at COP26 in Glasgow to try to achieve a breakthrough.\nTraders were also tracking the prospect of revived nuclear talks between Iran and world powers that in time may pave the way for that nation to resume oil exports. Tehran has signaled it will restart negotiations with Europe “toward the end of November,” U.S. Secretary of State Antony Blinken said on Sunday.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":849835454,"gmtCreate":1635740928119,"gmtModify":1635740928176,"author":{"id":"3574935418304521","authorId":"3574935418304521","name":"hbtho","avatar":"https://static.tigerbbs.com/f083ceda901738dc46b48c3f49dc0dc7","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Upupup...","listText":"Upupup...","text":"Upupup...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/849835454","repostId":2180220349,"repostType":4,"repost":{"id":"2180220349","pubTimestamp":1635735002,"share":"https://www.laohu8.com/m/news/2180220349?lang=&edition=full","pubTime":"2021-11-01 10:50","market":"fut","language":"en","title":"Oil Erases Drop as OPEC+ May Spurn Biden’s Appeal on Production","url":"https://stock-news.laohu8.com/highlight/detail?id=2180220349","media":"Bloomberg","summary":"(Bloomberg) -- Oil erased an early decline as OPEC+ may resist mounting pressure this week to boost ","content":"<p>(Bloomberg) -- Oil erased an early decline as OPEC+ may resist mounting pressure this week to boost production at a faster clip, and traders looked beyond China’s release of fuel reserves to quell shortages.</p>\n<p>Global benchmark Brent was steady after recouping an initial loss of 0.8%. Speaking in Rome after a Group of 20 summit on Sunday, President Joe Biden criticized Saudi Arabia and Russia for their inadequate response to managing supply, while declining to say what he planned to do if producers don’t respond. Key time-spreads pointed to a tight global crude market.</p>\n<p>Crude has soared this year, with production trailing supply as the global economy recovered from the impact of the pandemic. An energy crunch marked by shortages of gas and coal has also stoked oil demand. Still, the Organization of Petroleum Exporting Countries and its allies have loosened supply curbs imposed last year at only a modest pace, making the case that risks remain.</p>\n<p>The tightness in the crude market is reflected in deeply backwardated pricing patterns, with traders willing to pay a premium for near-term supply. Brent’s prompt spread was $1.24 a barrel on Monday, up from 82 cents a week ago.</p>\n<p>OPEC+ is scheduled to gather virtually on Thursday, and may stick with a planned monthly increase of 400,000 barrels a day despite the escalating concerns from top consumers that lofty energy costs will fan inflation and act as a brake on the recovery. Angola and Iraq were the latest members of the alliance to affirm their support for the current conservative stance on output.</p>\n<p>Goldman Sachs Group Inc. estimates global demand topped supply by 2.5 million barrels a day last month, describing the deficit as “unresolved” in an Oct. 29 note. The bank stuck with a forecast that Brent will hit $90 a barrel.</p>\n<p>The increasingly blunt sparring over OPEC+ production came as world leaders pivot to a critical climate conference that’s meant to limit the use of fossil fuels. The G-20 summit in Rome produced only a tepid agreement, leaving it to negotiators at COP26 in Glasgow to try to achieve a breakthrough.</p>\n<p>Traders were also tracking the prospect of revived nuclear talks between Iran and world powers that in time may pave the way for that nation to resume oil exports. Tehran has signaled it will restart negotiations with Europe “toward the end of November,” U.S. Secretary of State Antony Blinken said on Sunday.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Oil Erases Drop as OPEC+ May Spurn Biden’s Appeal on Production</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOil Erases Drop as OPEC+ May Spurn Biden’s Appeal on Production\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-01 10:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/oil-drops-start-key-week-231313201.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Oil erased an early decline as OPEC+ may resist mounting pressure this week to boost production at a faster clip, and traders looked beyond China’s release of fuel reserves to quell ...</p>\n\n<a href=\"https://finance.yahoo.com/news/oil-drops-start-key-week-231313201.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GS":"高盛","BAC":"美国银行","CM":"加拿大帝国商业银行"},"source_url":"https://finance.yahoo.com/news/oil-drops-start-key-week-231313201.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2180220349","content_text":"(Bloomberg) -- Oil erased an early decline as OPEC+ may resist mounting pressure this week to boost production at a faster clip, and traders looked beyond China’s release of fuel reserves to quell shortages.\nGlobal benchmark Brent was steady after recouping an initial loss of 0.8%. Speaking in Rome after a Group of 20 summit on Sunday, President Joe Biden criticized Saudi Arabia and Russia for their inadequate response to managing supply, while declining to say what he planned to do if producers don’t respond. Key time-spreads pointed to a tight global crude market.\nCrude has soared this year, with production trailing supply as the global economy recovered from the impact of the pandemic. An energy crunch marked by shortages of gas and coal has also stoked oil demand. Still, the Organization of Petroleum Exporting Countries and its allies have loosened supply curbs imposed last year at only a modest pace, making the case that risks remain.\nThe tightness in the crude market is reflected in deeply backwardated pricing patterns, with traders willing to pay a premium for near-term supply. Brent’s prompt spread was $1.24 a barrel on Monday, up from 82 cents a week ago.\nOPEC+ is scheduled to gather virtually on Thursday, and may stick with a planned monthly increase of 400,000 barrels a day despite the escalating concerns from top consumers that lofty energy costs will fan inflation and act as a brake on the recovery. Angola and Iraq were the latest members of the alliance to affirm their support for the current conservative stance on output.\nGoldman Sachs Group Inc. estimates global demand topped supply by 2.5 million barrels a day last month, describing the deficit as “unresolved” in an Oct. 29 note. The bank stuck with a forecast that Brent will hit $90 a barrel.\nThe increasingly blunt sparring over OPEC+ production came as world leaders pivot to a critical climate conference that’s meant to limit the use of fossil fuels. The G-20 summit in Rome produced only a tepid agreement, leaving it to negotiators at COP26 in Glasgow to try to achieve a breakthrough.\nTraders were also tracking the prospect of revived nuclear talks between Iran and world powers that in time may pave the way for that nation to resume oil exports. Tehran has signaled it will restart negotiations with Europe “toward the end of November,” U.S. Secretary of State Antony Blinken said on Sunday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":849835680,"gmtCreate":1635740892968,"gmtModify":1635740892968,"author":{"id":"3580293346761839","authorId":"3580293346761839","name":"JENerousity","avatar":"https://static.tigerbbs.com/47c9bfda6699fa5b09a30b10b2634052","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Cann use vegetable oil instead??","listText":"Cann use vegetable oil instead??","text":"Cann use vegetable oil instead??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/849835680","repostId":2180220349,"repostType":4,"repost":{"id":"2180220349","pubTimestamp":1635735002,"share":"https://www.laohu8.com/m/news/2180220349?lang=&edition=full","pubTime":"2021-11-01 10:50","market":"fut","language":"en","title":"Oil Erases Drop as OPEC+ May Spurn Biden’s Appeal on Production","url":"https://stock-news.laohu8.com/highlight/detail?id=2180220349","media":"Bloomberg","summary":"(Bloomberg) -- Oil erased an early decline as OPEC+ may resist mounting pressure this week to boost ","content":"<p>(Bloomberg) -- Oil erased an early decline as OPEC+ may resist mounting pressure this week to boost production at a faster clip, and traders looked beyond China’s release of fuel reserves to quell shortages.</p>\n<p>Global benchmark Brent was steady after recouping an initial loss of 0.8%. Speaking in Rome after a Group of 20 summit on Sunday, President Joe Biden criticized Saudi Arabia and Russia for their inadequate response to managing supply, while declining to say what he planned to do if producers don’t respond. Key time-spreads pointed to a tight global crude market.</p>\n<p>Crude has soared this year, with production trailing supply as the global economy recovered from the impact of the pandemic. An energy crunch marked by shortages of gas and coal has also stoked oil demand. Still, the Organization of Petroleum Exporting Countries and its allies have loosened supply curbs imposed last year at only a modest pace, making the case that risks remain.</p>\n<p>The tightness in the crude market is reflected in deeply backwardated pricing patterns, with traders willing to pay a premium for near-term supply. Brent’s prompt spread was $1.24 a barrel on Monday, up from 82 cents a week ago.</p>\n<p>OPEC+ is scheduled to gather virtually on Thursday, and may stick with a planned monthly increase of 400,000 barrels a day despite the escalating concerns from top consumers that lofty energy costs will fan inflation and act as a brake on the recovery. Angola and Iraq were the latest members of the alliance to affirm their support for the current conservative stance on output.</p>\n<p>Goldman Sachs Group Inc. estimates global demand topped supply by 2.5 million barrels a day last month, describing the deficit as “unresolved” in an Oct. 29 note. The bank stuck with a forecast that Brent will hit $90 a barrel.</p>\n<p>The increasingly blunt sparring over OPEC+ production came as world leaders pivot to a critical climate conference that’s meant to limit the use of fossil fuels. The G-20 summit in Rome produced only a tepid agreement, leaving it to negotiators at COP26 in Glasgow to try to achieve a breakthrough.</p>\n<p>Traders were also tracking the prospect of revived nuclear talks between Iran and world powers that in time may pave the way for that nation to resume oil exports. Tehran has signaled it will restart negotiations with Europe “toward the end of November,” U.S. Secretary of State Antony Blinken said on Sunday.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Oil Erases Drop as OPEC+ May Spurn Biden’s Appeal on Production</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOil Erases Drop as OPEC+ May Spurn Biden’s Appeal on Production\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-01 10:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/oil-drops-start-key-week-231313201.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Oil erased an early decline as OPEC+ may resist mounting pressure this week to boost production at a faster clip, and traders looked beyond China’s release of fuel reserves to quell ...</p>\n\n<a href=\"https://finance.yahoo.com/news/oil-drops-start-key-week-231313201.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GS":"高盛","BAC":"美国银行","CM":"加拿大帝国商业银行"},"source_url":"https://finance.yahoo.com/news/oil-drops-start-key-week-231313201.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2180220349","content_text":"(Bloomberg) -- Oil erased an early decline as OPEC+ may resist mounting pressure this week to boost production at a faster clip, and traders looked beyond China’s release of fuel reserves to quell shortages.\nGlobal benchmark Brent was steady after recouping an initial loss of 0.8%. Speaking in Rome after a Group of 20 summit on Sunday, President Joe Biden criticized Saudi Arabia and Russia for their inadequate response to managing supply, while declining to say what he planned to do if producers don’t respond. Key time-spreads pointed to a tight global crude market.\nCrude has soared this year, with production trailing supply as the global economy recovered from the impact of the pandemic. An energy crunch marked by shortages of gas and coal has also stoked oil demand. Still, the Organization of Petroleum Exporting Countries and its allies have loosened supply curbs imposed last year at only a modest pace, making the case that risks remain.\nThe tightness in the crude market is reflected in deeply backwardated pricing patterns, with traders willing to pay a premium for near-term supply. Brent’s prompt spread was $1.24 a barrel on Monday, up from 82 cents a week ago.\nOPEC+ is scheduled to gather virtually on Thursday, and may stick with a planned monthly increase of 400,000 barrels a day despite the escalating concerns from top consumers that lofty energy costs will fan inflation and act as a brake on the recovery. Angola and Iraq were the latest members of the alliance to affirm their support for the current conservative stance on output.\nGoldman Sachs Group Inc. estimates global demand topped supply by 2.5 million barrels a day last month, describing the deficit as “unresolved” in an Oct. 29 note. The bank stuck with a forecast that Brent will hit $90 a barrel.\nThe increasingly blunt sparring over OPEC+ production came as world leaders pivot to a critical climate conference that’s meant to limit the use of fossil fuels. The G-20 summit in Rome produced only a tepid agreement, leaving it to negotiators at COP26 in Glasgow to try to achieve a breakthrough.\nTraders were also tracking the prospect of revived nuclear talks between Iran and world powers that in time may pave the way for that nation to resume oil exports. Tehran has signaled it will restart negotiations with Europe “toward the end of November,” U.S. Secretary of State Antony Blinken said on Sunday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6405639,"gmtCreate":1635740901355,"gmtModify":1635740901445,"authorId":3580293346761839,"author":{"id":3580293346761839,"authorId":3580293346761839,"name":"JENerousity","avatar":"https://static.tigerbbs.com/47c9bfda6699fa5b09a30b10b2634052","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":849835680,"type":1,"supId":0,"prevId":0,"content":"Lul","text":"Lul","html":"Lul"}],"langContent":"CN"},{"id":849141478,"gmtCreate":1635737821638,"gmtModify":1635737821755,"author":{"id":"3580706487697247","authorId":"3580706487697247","name":"bigninja","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Sniff petrol prices keep going up","listText":"Sniff petrol prices keep going up","text":"Sniff petrol prices keep going up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/849141478","repostId":2180220349,"repostType":4,"repost":{"id":"2180220349","pubTimestamp":1635735002,"share":"https://www.laohu8.com/m/news/2180220349?lang=&edition=full","pubTime":"2021-11-01 10:50","market":"fut","language":"en","title":"Oil Erases Drop as OPEC+ May Spurn Biden’s Appeal on Production","url":"https://stock-news.laohu8.com/highlight/detail?id=2180220349","media":"Bloomberg","summary":"(Bloomberg) -- Oil erased an early decline as OPEC+ may resist mounting pressure this week to boost ","content":"<p>(Bloomberg) -- Oil erased an early decline as OPEC+ may resist mounting pressure this week to boost production at a faster clip, and traders looked beyond China’s release of fuel reserves to quell shortages.</p>\n<p>Global benchmark Brent was steady after recouping an initial loss of 0.8%. Speaking in Rome after a Group of 20 summit on Sunday, President Joe Biden criticized Saudi Arabia and Russia for their inadequate response to managing supply, while declining to say what he planned to do if producers don’t respond. Key time-spreads pointed to a tight global crude market.</p>\n<p>Crude has soared this year, with production trailing supply as the global economy recovered from the impact of the pandemic. An energy crunch marked by shortages of gas and coal has also stoked oil demand. Still, the Organization of Petroleum Exporting Countries and its allies have loosened supply curbs imposed last year at only a modest pace, making the case that risks remain.</p>\n<p>The tightness in the crude market is reflected in deeply backwardated pricing patterns, with traders willing to pay a premium for near-term supply. Brent’s prompt spread was $1.24 a barrel on Monday, up from 82 cents a week ago.</p>\n<p>OPEC+ is scheduled to gather virtually on Thursday, and may stick with a planned monthly increase of 400,000 barrels a day despite the escalating concerns from top consumers that lofty energy costs will fan inflation and act as a brake on the recovery. Angola and Iraq were the latest members of the alliance to affirm their support for the current conservative stance on output.</p>\n<p>Goldman Sachs Group Inc. estimates global demand topped supply by 2.5 million barrels a day last month, describing the deficit as “unresolved” in an Oct. 29 note. The bank stuck with a forecast that Brent will hit $90 a barrel.</p>\n<p>The increasingly blunt sparring over OPEC+ production came as world leaders pivot to a critical climate conference that’s meant to limit the use of fossil fuels. The G-20 summit in Rome produced only a tepid agreement, leaving it to negotiators at COP26 in Glasgow to try to achieve a breakthrough.</p>\n<p>Traders were also tracking the prospect of revived nuclear talks between Iran and world powers that in time may pave the way for that nation to resume oil exports. Tehran has signaled it will restart negotiations with Europe “toward the end of November,” U.S. Secretary of State Antony Blinken said on Sunday.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Oil Erases Drop as OPEC+ May Spurn Biden’s Appeal on Production</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOil Erases Drop as OPEC+ May Spurn Biden’s Appeal on Production\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-01 10:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/oil-drops-start-key-week-231313201.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Oil erased an early decline as OPEC+ may resist mounting pressure this week to boost production at a faster clip, and traders looked beyond China’s release of fuel reserves to quell ...</p>\n\n<a href=\"https://finance.yahoo.com/news/oil-drops-start-key-week-231313201.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GS":"高盛","BAC":"美国银行","CM":"加拿大帝国商业银行"},"source_url":"https://finance.yahoo.com/news/oil-drops-start-key-week-231313201.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2180220349","content_text":"(Bloomberg) -- Oil erased an early decline as OPEC+ may resist mounting pressure this week to boost production at a faster clip, and traders looked beyond China’s release of fuel reserves to quell shortages.\nGlobal benchmark Brent was steady after recouping an initial loss of 0.8%. Speaking in Rome after a Group of 20 summit on Sunday, President Joe Biden criticized Saudi Arabia and Russia for their inadequate response to managing supply, while declining to say what he planned to do if producers don’t respond. Key time-spreads pointed to a tight global crude market.\nCrude has soared this year, with production trailing supply as the global economy recovered from the impact of the pandemic. An energy crunch marked by shortages of gas and coal has also stoked oil demand. Still, the Organization of Petroleum Exporting Countries and its allies have loosened supply curbs imposed last year at only a modest pace, making the case that risks remain.\nThe tightness in the crude market is reflected in deeply backwardated pricing patterns, with traders willing to pay a premium for near-term supply. Brent’s prompt spread was $1.24 a barrel on Monday, up from 82 cents a week ago.\nOPEC+ is scheduled to gather virtually on Thursday, and may stick with a planned monthly increase of 400,000 barrels a day despite the escalating concerns from top consumers that lofty energy costs will fan inflation and act as a brake on the recovery. Angola and Iraq were the latest members of the alliance to affirm their support for the current conservative stance on output.\nGoldman Sachs Group Inc. estimates global demand topped supply by 2.5 million barrels a day last month, describing the deficit as “unresolved” in an Oct. 29 note. The bank stuck with a forecast that Brent will hit $90 a barrel.\nThe increasingly blunt sparring over OPEC+ production came as world leaders pivot to a critical climate conference that’s meant to limit the use of fossil fuels. The G-20 summit in Rome produced only a tepid agreement, leaving it to negotiators at COP26 in Glasgow to try to achieve a breakthrough.\nTraders were also tracking the prospect of revived nuclear talks between Iran and world powers that in time may pave the way for that nation to resume oil exports. Tehran has signaled it will restart negotiations with Europe “toward the end of November,” U.S. Secretary of State Antony Blinken said on Sunday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":849164274,"gmtCreate":1635735855963,"gmtModify":1635742416163,"author":{"id":"4092458811577680","authorId":"4092458811577680","name":"PearlynCSY","avatar":"https://static.tigerbbs.com/b3e9fe7af061efe80a756d23de62e7b3","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"OPEC+ surely won't be bother with Biden's appeal as they know US can't be trusted especially after the Afghanistan fiasco","listText":"OPEC+ surely won't be bother with Biden's appeal as they know US can't be trusted especially after the Afghanistan fiasco","text":"OPEC+ surely won't be bother with Biden's appeal as they know US can't be trusted especially after the Afghanistan fiasco","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/849164274","repostId":2180220349,"repostType":4,"repost":{"id":"2180220349","pubTimestamp":1635735002,"share":"https://www.laohu8.com/m/news/2180220349?lang=&edition=full","pubTime":"2021-11-01 10:50","market":"fut","language":"en","title":"Oil Erases Drop as OPEC+ May Spurn Biden’s Appeal on Production","url":"https://stock-news.laohu8.com/highlight/detail?id=2180220349","media":"Bloomberg","summary":"(Bloomberg) -- Oil erased an early decline as OPEC+ may resist mounting pressure this week to boost ","content":"<p>(Bloomberg) -- Oil erased an early decline as OPEC+ may resist mounting pressure this week to boost production at a faster clip, and traders looked beyond China’s release of fuel reserves to quell shortages.</p>\n<p>Global benchmark Brent was steady after recouping an initial loss of 0.8%. Speaking in Rome after a Group of 20 summit on Sunday, President Joe Biden criticized Saudi Arabia and Russia for their inadequate response to managing supply, while declining to say what he planned to do if producers don’t respond. Key time-spreads pointed to a tight global crude market.</p>\n<p>Crude has soared this year, with production trailing supply as the global economy recovered from the impact of the pandemic. An energy crunch marked by shortages of gas and coal has also stoked oil demand. Still, the Organization of Petroleum Exporting Countries and its allies have loosened supply curbs imposed last year at only a modest pace, making the case that risks remain.</p>\n<p>The tightness in the crude market is reflected in deeply backwardated pricing patterns, with traders willing to pay a premium for near-term supply. Brent’s prompt spread was $1.24 a barrel on Monday, up from 82 cents a week ago.</p>\n<p>OPEC+ is scheduled to gather virtually on Thursday, and may stick with a planned monthly increase of 400,000 barrels a day despite the escalating concerns from top consumers that lofty energy costs will fan inflation and act as a brake on the recovery. Angola and Iraq were the latest members of the alliance to affirm their support for the current conservative stance on output.</p>\n<p>Goldman Sachs Group Inc. estimates global demand topped supply by 2.5 million barrels a day last month, describing the deficit as “unresolved” in an Oct. 29 note. The bank stuck with a forecast that Brent will hit $90 a barrel.</p>\n<p>The increasingly blunt sparring over OPEC+ production came as world leaders pivot to a critical climate conference that’s meant to limit the use of fossil fuels. The G-20 summit in Rome produced only a tepid agreement, leaving it to negotiators at COP26 in Glasgow to try to achieve a breakthrough.</p>\n<p>Traders were also tracking the prospect of revived nuclear talks between Iran and world powers that in time may pave the way for that nation to resume oil exports. Tehran has signaled it will restart negotiations with Europe “toward the end of November,” U.S. Secretary of State Antony Blinken said on Sunday.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Oil Erases Drop as OPEC+ May Spurn Biden’s Appeal on Production</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOil Erases Drop as OPEC+ May Spurn Biden’s Appeal on Production\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-01 10:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/oil-drops-start-key-week-231313201.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Oil erased an early decline as OPEC+ may resist mounting pressure this week to boost production at a faster clip, and traders looked beyond China’s release of fuel reserves to quell ...</p>\n\n<a href=\"https://finance.yahoo.com/news/oil-drops-start-key-week-231313201.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GS":"高盛","BAC":"美国银行","CM":"加拿大帝国商业银行"},"source_url":"https://finance.yahoo.com/news/oil-drops-start-key-week-231313201.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2180220349","content_text":"(Bloomberg) -- Oil erased an early decline as OPEC+ may resist mounting pressure this week to boost production at a faster clip, and traders looked beyond China’s release of fuel reserves to quell shortages.\nGlobal benchmark Brent was steady after recouping an initial loss of 0.8%. Speaking in Rome after a Group of 20 summit on Sunday, President Joe Biden criticized Saudi Arabia and Russia for their inadequate response to managing supply, while declining to say what he planned to do if producers don’t respond. Key time-spreads pointed to a tight global crude market.\nCrude has soared this year, with production trailing supply as the global economy recovered from the impact of the pandemic. An energy crunch marked by shortages of gas and coal has also stoked oil demand. Still, the Organization of Petroleum Exporting Countries and its allies have loosened supply curbs imposed last year at only a modest pace, making the case that risks remain.\nThe tightness in the crude market is reflected in deeply backwardated pricing patterns, with traders willing to pay a premium for near-term supply. Brent’s prompt spread was $1.24 a barrel on Monday, up from 82 cents a week ago.\nOPEC+ is scheduled to gather virtually on Thursday, and may stick with a planned monthly increase of 400,000 barrels a day despite the escalating concerns from top consumers that lofty energy costs will fan inflation and act as a brake on the recovery. Angola and Iraq were the latest members of the alliance to affirm their support for the current conservative stance on output.\nGoldman Sachs Group Inc. estimates global demand topped supply by 2.5 million barrels a day last month, describing the deficit as “unresolved” in an Oct. 29 note. The bank stuck with a forecast that Brent will hit $90 a barrel.\nThe increasingly blunt sparring over OPEC+ production came as world leaders pivot to a critical climate conference that’s meant to limit the use of fossil fuels. The G-20 summit in Rome produced only a tepid agreement, leaving it to negotiators at COP26 in Glasgow to try to achieve a breakthrough.\nTraders were also tracking the prospect of revived nuclear talks between Iran and world powers that in time may pave the way for that nation to resume oil exports. Tehran has signaled it will restart negotiations with Europe “toward the end of November,” U.S. Secretary of State Antony Blinken said on Sunday.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6406243,"gmtCreate":1635744434905,"gmtModify":1635744434940,"authorId":3581331938298103,"author":{"id":3581331938298103,"authorId":3581331938298103,"name":"SandDust","avatar":"https://static.tigerbbs.com/ea6083d742fc232449a625fb122842c8","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":849164274,"type":1,"supId":0,"prevId":0,"content":"Game theory","text":"Game theory","html":"Game theory"}],"langContent":"CN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":47,"commentSize":4,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}