Oil slips below $75 as dollar jumps to best level in a month

31
4
Favorite

Oil slips below $75 as dollar jumps to best level in a month

BusinessDay2021-09-20

London — Oil dropped more than $1 a barrel to below $75 on Monday as rising risk aversion weighed on stock markets and boosted the US dollar, while more US Gulf oil output came back online in the wake...

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（4）

Kslee3943
·2021-09-20
Sad
Reply
1
Report
ekwee75
·2021-09-20
Like pls
Reply
4
Report
Fold Replies
- S土豪熊貓G:
  Ok
  2021-09-20
  Reply
  Report
njkk
·2021-09-20
Pls like
Reply
1
Report
V K
·2021-09-20
Like pls tyvm[開心]
Reply
2
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/2168502950?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-09-20 17:21","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2168502950","market":"sg","top_or_hot":-1,"title":"Oil slips below $75 as dollar jumps to best level in a month","media":"BusinessDay","content":"<div>\n<p>London — Oil dropped more than $1 a barrel to below $75 on Monday as rising risk aversion weighed on stock markets and boosted the US dollar, while more US Gulf oil output came back online in the wake...</p>\n\n<a href=\"https://www.businesslive.co.za/bd/markets/2021-09-20-oil-slips-below-75-as-dollar-jumps-to-best-level-in-a-month/\">Source Link</a>\n\n</div>\n","source":"businessday_stock","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 slips below $75 as dollar jumps to best level in a month</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 slips below $75 as dollar jumps to best level in a month\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-20 17:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesslive.co.za/bd/markets/2021-09-20-oil-slips-below-75-as-dollar-jumps-to-best-level-in-a-month/><strong>BusinessDay</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>London — Oil dropped more than $1 a barrel to below $75 on Monday as rising risk aversion weighed on stock markets and boosted the US dollar, while more US Gulf oil output came back online in the wake...</p>\n\n<a href=\"https://www.businesslive.co.za/bd/markets/2021-09-20-oil-slips-below-75-as-dollar-jumps-to-best-level-in-a-month/\">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":"CRUD.UK","symbol_name":"WTI原油ETF","start_time":0,"source_url":"https://www.businesslive.co.za/bd/markets/2021-09-20-oil-slips-below-75-as-dollar-jumps-to-best-level-in-a-month/","article_id":"2168502950","we_media_id":null,"thumbnails":[],"rights":{"source":"businessday_stock","url":"https://www.businesslive.co.za/bd/markets/2021-09-20-oil-slips-below-75-as-dollar-jumps-to-best-level-in-a-month/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2168502950","pubTimestamp":1632129660,"columns":[],"sourceInfo":{"source_id":"businessday_stock","name":"Business Day"},"weMediaInfo":null,"summary":"London — Oil dropped more than $1 a barrel to below $75 on Monday as rising risk aversion weighed on","collect":0,"end_time":0,"defaultTopTitle":"businesslive.co.za","property":[],"viewcount":null,"language":"en","relate_stocks":{"CRUD.UK":"WTI原油ETF"},"translate_title":"油价跌破75美元，美元跃升至一个月来的最佳水平","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CRUD.UK":0.9,"CLmain":0.9,"MCLmain":0.9},"content_text":"London — Oil dropped more than $1 a barrel to below $75 on Monday as rising risk aversion weighed on stock markets and boosted the US dollar, while more US Gulf oil output came back online in the wake of two hurricanes.\nThe dollar rallied to its highest in a month on Monday as a pending catastrophe at developer China Evergrande added to a cautious mood and as investors braced for the Federal Reserve to take another step towards tapering this week.\n“Far East stock markets and the strong dollar are affecting oil,” said Tamas Varga of oil broker PVM. “Nonetheless, unless all hell breaks loose, the positive sentiment ought to prevail.\n”Brent crude fell 76cs, or 1%, to $74.58 at 8.15am GMT, having dropped as low as $74.26 earlier in the session. US West Texas Intermediate (WTI) declined 89c, or 1.2%, to $71.08.\nA stronger dollar makes US dollar-priced oil more expensive for holders of other currencies and generally reflects higher risk aversion, which tends to weigh on oil prices.Brent has gained 44% this year, supported by supply cuts by oil cartel Opec and allies and some recovery in demand after 2020’s pandemic-induced collapse.\nOil had gained additional support from supply shutdowns in the US Gulf of Mexico due to the two recent hurricanes, but as of Friday producing companies had just 23% of crude production offline, or 422,078 barrels per day.\n“US production in the Gulf of Mexico, which had been shut down as a result of the hurricane, is gradually returning to the market,” said Carsten Fritsch, analyst at Commerzbank.\nA rise in the US rig count, an early indicator of future output, to its highest since April 2020 also kept a lid on prices.Reuters","kind":"news","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":860323165,"gmtCreate":1632138536757,"gmtModify":1676530708137,"author":{"id":"4093596659918630","authorId":"4093596659918630","name":"Kslee3943","avatar":"https://static.tigerbbs.com/90de15ce5511304affa25cca2ddef30b","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4093596659918630","authorIdStr":"4093596659918630"},"htmlText":"Sad","listText":"Sad","text":"Sad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/860323165","repostId":2168502950,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":860333714,"gmtCreate":1632132624638,"gmtModify":1676530707178,"author":{"id":"4089243155506890","authorId":"4089243155506890","name":"ekwee75","avatar":"https://static.tigerbbs.com/0153ac90bb3fdc15c51f6ceee1573987","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"4089243155506890","authorIdStr":"4089243155506890"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/860333714","repostId":2168502950,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5933924,"gmtCreate":1632140055329,"gmtModify":1634791297462,"authorId":3578811676095048,"author":{"id":3578811676095048,"idStr":"3578811676095048","authorId":3578811676095048,"name":"S土豪熊貓G","avatar":"https://static.tigerbbs.com/2bf36dcb8e5b590c1e5f4df466413275","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":860333714,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":860393293,"gmtCreate":1632131174112,"gmtModify":1676530706967,"author":{"id":"3575950181915531","authorId":"3575950181915531","name":"njkk","avatar":"https://static.tigerbbs.com/6382201e8e84ccd3f8e89b9a28e74607","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3575950181915531","authorIdStr":"3575950181915531"},"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/860393293","repostId":2168502950,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":860399741,"gmtCreate":1632131077983,"gmtModify":1676530706933,"author":{"id":"3577323914202336","authorId":"3577323914202336","name":"V K","avatar":"https://static.tigerbbs.com/536d624e5750dcffec704eeed9bc003b","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":8,"crmLevelSwitch":1,"idStr":"3577323914202336","authorIdStr":"3577323914202336"},"htmlText":"Like pls tyvm[開心]&nbsp;","listText":"Like pls tyvm[開心]&nbsp;","text":"Like pls tyvm[開心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/860399741","repostId":2168502950,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":31,"commentSize":4,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}