News Formal

Oil slumps as US crude stocks build amid virus resurgence fears

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 66%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Oil prices retreated on Wednesday, weighed down by an increase in U.S. crude inventories and worries about a potential second wave of the ...

SEOUL: Oil prices fell on Wednesday as data showed an increase in U.S. crude and fuel inventories, raising the prospect of oversupply as a potential second wave of the coronavirus pandemic threatened to halt any recovery of demand.

The rise in U.S. crude and fuel inventories, however, stoked concerns about a surplus and pressured oil prices, as the number of coronavirus infections surpassed 8 million globally and several U.S. states saw their case numbers spike. U.S. crude oil inventories rose by 3.9 million barrels in the week to June 12 to 543.2 million barrels, according to data from industry group the American Petroleum Institute, countering expectations for a fall of 152,000 barrels.Gasoline stocks rose by 4.3 million barrels and distillate fuels, which include diesel and heating oil, rose 919,000 barrels.

An OPEC-led panel will meet on Thursday to further discuss ways to strengthen and review compliance with producers' commitment to curb oil output.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 6. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Oil falls on rise in US crude stocks, virus resurgence fearsOil prices retreated on Wednesday, weighed down by an increase in U.S. crude inventories and worries about a potential second wave of the ...
ソース: ChannelNewsAsia - 🏆 6. / 66 続きを読む »

Volkswagen invests extra US$200 million in US battery company QuantumScapeVolkswagen is increasing its stake in U.S. company QuantumScape by up to US$200 million to boost the development of solid-state battery technology ...
ソース: ChannelNewsAsia - 🏆 6. / 66 続きを読む »

US posts rule allowing US companies to work with Huawei on 5G and other standardsThe U.S. Department of Commerce on Tuesday posted a new rule that allows U.S. companies to work with China's Huawei to develop standards for 5G ...
ソース: ChannelNewsAsia - 🏆 6. / 66 続きを読む »