Oil news and market movers: Once risk fades, supply is there

avatar
· Views 151


  • Oil demand should pick up in Asia after the People’s Bank of China’s (PBoC) decision to lower interest rates and inject liquidity into the banking system.  Beijing assembled a last-ditch stimulus assault to pull economic growth back towards this year's roughly 5% target, Bloomberg reports.
  • Fuel distributors in Florida are bracing for supply shortages as government officials issued dire warnings about strengthening hurricane Helene, which made landfall in the state on Thursday evening, Reuters reports.
  • At 17:00 GMT, the Baker Hughes OIl Rig Count is due to be released. The previous number was at 488, with no forecast available. 
  • Israel continues this Friday with its bombing of Hezbollah military installations in Lebanon. 

إخلاء المسؤولية: الآراء الواردة هنا تعبر فقط عن رأي الكاتب، ولا تمثل الموقف الرسمي لـ Followme. لا تتحمل Followme مسؤولية دقة أو اكتمال أو موثوقية المعلومات المُقدمة، ولا تتحمل مسؤولية أي إجراءات تُتخذ بناءً على المحتوى، ما لم يُنص على ذلك صراحةً كتابيًا.

هل أعجبك هذا المقال؟ عبّر عن امتنانك بإرسال نصيحة للكاتب.
الرد 0

  • tradingContest