Oil Extends Losses on U.S. Stockpile Gain While UAE Nears Deal

52
3
Favorite

Oil Extends Losses on U.S. Stockpile Gain While UAE Nears Deal

Bloomberg2021-07-15

Talks between UAE and Saudi Arabia on compromise are ongoing. WTI crude futures decline 0.8% after falling 2.8% on Wednesday. Oil extended losses after U.S. gasoline stockpiles unexpectedly expanded,...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（3）

jazzman
·2021-07-15
Like
Reply
3
Report
Fold Replies
- Hamsterwan:
  hahaha
  2021-07-15
  Reply
  Report
boonk
·2021-07-15
Which stock benefits?
Reply
4
Report
Fold Replies
- Jloh:
  Xom
  2021-07-15
  Reply
  Report
SeasonOo
·2021-07-15
U
Reply
7
Report
Fold Replies
- boonk:
  Exon mobil?
  2021-07-15
  Reply
  Report
- SeasonOo:
  U
  2021-07-15
  Reply
  Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1122682986?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-07-15 13:19","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1122682986","market":"fut","top_or_hot":-1,"title":"Oil Extends Losses on U.S. Stockpile Gain While UAE Nears Deal","media":"Bloomberg","content":"<div>\n<p>Talks between UAE and Saudi Arabia on compromise are ongoing.\nWTI crude futures decline 0.8% after falling 2.8% on Wednesday.\n\nOil extended losses after U.S. gasoline stockpiles unexpectedly expanded,...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-14/oil-extends-losses-on-u-s-stockpile-gain-while-opec-nears-deal?srnd=markets-vp\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","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 Extends Losses on U.S. Stockpile Gain While UAE Nears Deal</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 Extends Losses on U.S. Stockpile Gain While UAE Nears Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-15 13:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-14/oil-extends-losses-on-u-s-stockpile-gain-while-opec-nears-deal?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Talks between UAE and Saudi Arabia on compromise are ongoing.\nWTI crude futures decline 0.8% after falling 2.8% on Wednesday.\n\nOil extended losses after U.S. gasoline stockpiles unexpectedly expanded,...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-14/oil-extends-losses-on-u-s-stockpile-gain-while-opec-nears-deal?srnd=markets-vp\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FT_SY_BZ","symbol_name":"布油现金","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2021-07-14/oil-extends-losses-on-u-s-stockpile-gain-while-opec-nears-deal?srnd=markets-vp","article_id":"1122682986","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1122682986","pubTimestamp":1626326389,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Talks between UAE and Saudi Arabia on compromise are ongoing.\nWTI crude futures decline 0.8% after f","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"在阿联酋接近达成协议之际，美国库存增加导致石油损失扩大","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BZmain":0.9,"CLmain":0.9,"MCLmain":0.9},"content_text":"Talks between UAE and Saudi Arabia on compromise are ongoing.\nWTI crude futures decline 0.8% after falling 2.8% on Wednesday.\n\nOil extended losses after U.S. gasoline stockpiles unexpectedly expanded, while signs the United Arab Emirates could get better terms under a compromised supply agreement raised concerns about OPEC+ unity.\nFutures in New York slid below $73 a barrel after falling 2.8% on Wednesday, the most since mid-May. American inventories of gasoline and distillates -- a category that includes diesel -- both rose last week, offsetting an eighth weekly draw in crude stockpiles, according to government data.\nThe UAE is nearing a deal that could give the nation a more generous output limit next year and allow OPEC+ tolift supplyin coming months, although talks with Saudi Arabia are ongoing, said delegates. However, the compromise may open the door for other members to redress their own grievances, with one delegate signaling Iraq would pursue a higher production baseline.\nOil has whipsawed since the start of the month after OPEC+ abandoned a plan to boost supply from August due to an impasse with the UAE, while a Covid-19 resurgence injected more uncertainty into the short-term demand outlook. The International Energy Agency on Tuesdaywarnedthat the market would tighten significantly if the alliance didn’t add more barrels.\nThe UAE’s energy ministry issued a statement acknowledging the talks, but said no agreement had yet been reached with the whole of OPEC+. While there are currently no firm details, Goldman Sachs Group Inc. said a deal would be a“bullish catalyst”and would help remove the low risk of a potential price war.\n“The new uncertainty over OPEC+ ratification going through and potential for further complications if other members seek higher baselines keeps the suspense alive,” said Vandana Hari, founder of Vanda Insights in Singapore. “The OPEC+ stalemate and the shadow of the delta variant have made the market more prone to volatility, but Wednesday’s sell-off on the U.S. fuel stockbuilds may be recouped in the coming days.”\nU.S. gasoline stockpiles rose by more than 1 million barrels last week, EIA data showed on Wednesday. A Bloomberg survey had forecast a 2-million barrel draw. Distillate inventories climbed by about 3.7 million barrels, more than expected, while crude supplies declined by 7.9 million barrels.\nThe UAE’s dispute with OPEC+ centers around its demand for a higher output limit next year, in return for backing an extension of the supply agreement from April 2022 until December 2022. The alliance was forced to abandon a tentative deal to boost production by 400,000 barrels a day in each month from August through December.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":147922201,"gmtCreate":1626328946003,"gmtModify":1703758000757,"author":{"id":"3585281594587734","authorId":"3585281594587734","name":"jazzman","avatar":"https://static.tigerbbs.com/576ea0bb835315d386051f7c315a382e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3585281594587734","authorIdStr":"3585281594587734"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/147922201","repostId":1122682986,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5226432,"gmtCreate":1626329146953,"gmtModify":1663230999635,"authorId":3562552956363065,"author":{"id":3562552956363065,"idStr":"3562552956363065","authorId":3562552956363065,"name":"Hamsterwan","avatar":"https://static.tigerbbs.com/a386beb727f5f9152025be30073c81a3","vip":1,"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":147922201,"type":1,"supId":0,"prevId":0,"content":"<u>hahaha</u>","text":"<u>hahaha</u>","html":"<u>hahaha</u>"}],"langContent":"EN"},{"id":147980809,"gmtCreate":1626327083801,"gmtModify":1703757963947,"author":{"id":"3580955744929134","authorId":"3580955744929134","name":"boonk","avatar":"https://static.tigerbbs.com/6e58310c6a80ddfbcb69e0989cda7858","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":6,"crmLevelSwitch":1,"idStr":"3580955744929134","authorIdStr":"3580955744929134"},"htmlText":"Which stock benefits?&nbsp;","listText":"Which stock benefits?&nbsp;","text":"Which stock benefits?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/147980809","repostId":1122682986,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5226514,"gmtCreate":1626329908981,"gmtModify":1663231002135,"authorId":3580281864844831,"author":{"id":3580281864844831,"idStr":"3580281864844831","authorId":3580281864844831,"name":"Jloh","avatar":"https://static.tigerbbs.com/36842799dc971e590276c5702f7f1842","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":147980809,"type":1,"supId":0,"prevId":0,"content":"Xom","text":"Xom","html":"Xom"}],"langContent":"EN"},{"id":147915064,"gmtCreate":1626326908058,"gmtModify":1703757958722,"author":{"id":"3579391689824866","authorId":"3579391689824866","name":"SeasonOo","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3579391689824866","authorIdStr":"3579391689824866"},"htmlText":"U","listText":"U","text":"U","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/147915064","repostId":1122682986,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5226264,"gmtCreate":1626327109916,"gmtModify":1663231002331,"authorId":3580955744929134,"author":{"id":3580955744929134,"idStr":"3580955744929134","authorId":3580955744929134,"name":"boonk","avatar":"https://static.tigerbbs.com/6e58310c6a80ddfbcb69e0989cda7858","vip":1,"crmLevel":6,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":147915064,"type":1,"supId":5226245,"prevId":0,"content":"Exon mobil?","text":"Exon mobil?","html":"Exon mobil?"},{"id":5226245,"gmtCreate":1626326913031,"gmtModify":1663231000442,"authorId":3579391689824866,"author":{"id":3579391689824866,"idStr":"3579391689824866","authorId":3579391689824866,"name":"SeasonOo","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.12.17","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":147915064,"type":1,"supId":0,"prevId":0,"content":"U","text":"U","html":"U"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":52,"commentSize":3,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}