U.S. oil prices plunge to negative territory on dual demand
发布时间:2020-04-28 04:16 来源: 未知 作者: admin 投稿邮箱:

AmanreturnsagasnozzlebacktothepumpafterpumpinggasataBPgasstationintheBrooklynboroughofNewYork,theUnitedStatesonApril9,2020.(PhotobyMichaelNagle/Xinhua)Special:nMonday,astheenergymarketcont(WTI),ornearly306percent,ry,,WallStreet,sexpiration,

   AmanreturnsagasnozzlebacktothepumpafterpumpinggasataBPgasstationintheBrooklynboroughofNewYork,theUnitedStatesonApril9,2020.(PhotobyMichaelNagle/Xinhua)Special:nMonday,astheenergymarketcont(WTI),ornearly306percent,ry,,WallStreet,sexpiration,contributingtothehistoricdrop,,traderswithlongpositionsscrambledtogetoutamidfearthatitwouldbedifficulttofindaplacetoparkphysicaloilamidarisingglutofcrude."WeattributetheWTIpriceweaknesstotheimminentexpiryoftheMaycontracttomorrow,"GiovanniStaunovo,acommodityanalystatUBSGlobalWealthManagement,moresevereproblem."Thedeclineinmoreliquidfuturescontractsreflectsthebroaderproblemwehaveintheoilmarket--severeoversupplyin2Q,"saidStaunovo,addingthatwithoilinventoriestrendinghigheroverthecomingweeks,,theknock-oneconomiceffectfromthepandemicwasanimmediatedeepimpactonglobaldemand,sendingfuelpricesplummeting,saidresearchersatColumbiaUniversityilizingtheenergymarket,(OPEC)anditsalliesledbyRussia,agroupknownasOPEC,(bpd),theInternationalEnergyAgency(IEA)rago,downtoalevellastseenin1995,duetoCOVID-19ascontainmentmeasureshavebroughtmobilityalmosttoahalt."Wearealsorunningoutofplacestostoreoilasdemandhascratered,"ChrisLow,chiefeconomistatFHNFinancials,,,haveballooned,whileMidwesternrefiningmarginstanked,,,ablefuture."Wethinkitistooearlytobecomeoutrightbullishontheoilandgassectorgiventhemanyuncertaintiesaroundthesupplyanddemandfactors,"marketstrategistsatUBSsaidinaresearchnote,addingtherearestillopportunitiesinrisks."Wearealsoconvincedthattheglobaloilindustrywillsurvivethiscrisisandthattherecentsell-offhascreatedopportunitiesinthesector,"theysaid.。

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