The Annual Offshore Oil & Gas Event
logo

The 26thBeijing International Offshore Oil & Gas Exhibition

ufi

BEIJING,CHINA

March 26-28,2026

LOCATION :Home> News > Industry News

Oil set for fourth weekly gain with high energy prices in focus

Pubdate:2021-09-18 09:22 Source:liyanping Click:

(Bloomberg) --Oil headed for a fourth weekly gain supported by signs of a tighter market and a wider rally in energy prices.

West Texas Intermediate, which dipped on Friday, has still climbed about 4% this week. Investors have been tracking strong rallies in other energy commodities, especially natural gas, which has surged by about 45% so far this quarter and spurred the prospect of fuel switching. The U.S. benchmark has also advanced as crude and gasoline stockpiles in the country registered further declines.

But as prices climb there are growing signs governments are growing uneasy with the knock-on effects. U.S. President Joe Biden said Thursday that his administration is looking into high gasoline prices, while China said this week that it will sell oil from its strategic reserve.

Crude markets are backwardated, a bullish pattern that is marked by near-dated prices that are more costly than those further out. Meanwhile products like propane that are used in heating and rally seasonally in the winter are trading at multiyear highs as natural gas prices surge. The oil market should remain tight through year-end, according to Commerzbank AG, despite planned increases by the Organization of Petroleum Exporting Countries and its allies.

Oil has gained this week due to “tighter oil market conditions, as seen in the recent steep drop in U.S. oil inventories, but also spillover from the sharp rise in European energy prices,” said Jens Pedersen, senior analyst at Danske Bank A/S.

With the focus on high energy prices across Europe, the International Energy Agency’s Executive Director Fatih Birol said gas prices could remain high for weeks to come on strong demand. He also said he would be surprised to see oil above $100 a barrel, despite a strong rebound in demand this year.

主站蜘蛛池模板: 色吊丝二区三区中文字幕| 中文字幕第二十页| 欧美日韩第三页| 欧美三级中文字幕在线观看| 国产精品区免费视频| 亚洲天堂水蜜桃| 在线视频国产网址你懂的在线视频| 欧美色吧视频在线观看| 国产超碰人人模人人爽人人喊| 亚洲精品nv久久久久久久久久| 97超碰精品成人国产| 欧美精品国产一区二区| 国产精品无码翘臀在线观看| 亚洲国产精品久久人人爱| **一级毛片免费完整视| 欧洲mv日韩mv国产| 国产女人高潮抽搐喷水免费视频| 久久精品国产99国产精偷| 鲁啊鲁视频在线精品| 日本一区中文字幕日本一二三区视频| 国产一级成人毛片| 中国老人倣爱视频| 男女边摸边揉边做视频| 在线观看亚洲av每日更新| 亚洲毛片av日韩av无码| 1000部拍拍拍18勿入免费视频软件 | 国模吧双双大尺度炮交gogo| 亚洲成av人片在线观看无码不卡 | 国产亚洲美女精品久久久 | 永久在线观看www免费视频| 欧洲亚洲综合一区二区三区| 国产成a人片在线观看视频下载| 久久久精品久久久久特色影视 | 国产精品免费av片在线观看| 亚洲AV无码国产一区二区三区| 风间由美性色一区二区三区| 成视频年人黄网站免费视频| 免费看午夜影豆网| 67194熟妇人妻欧美日韩| 最新国产在线观看| 国产91中文剧情在线观看|