수요일 5월 22 2024 12:35
5 분
Oil prices declined on Wednesday and appeared to be on track for a three-day losing streak amid expectations that the Federal Reserve might keep US interest rates “higher for longer” due to persistent inflation, potentially impacting fuel consumption in the world's largest market.
The market also slipped as US crude oil and gasoline inventories rose last week, according to American Petroleum Institute (API) figures cited by market sources on Tuesday. Analysts previously expected inventories to decline.
As of 1200 GMT on Wednesday, the continuous futures contract for Brent crude on the ICE Futures Europe Exchange fell 67 cents, or 0.82%, to $82.20 a barrel. A similar contract for U.S. West Texas Intermediate crude (WTI) decreased 66 cents, or 0.84%, to $78.00 a barrel. Both benchmarks had dropped by more than 1% earlier in the session.
In a comment to the Reuters news agency, Tamas Varga of oil broker PVM said:
"The view on the fundamental outlook remains grim. The timing of a Fed rate cut is ambivalent at best".
Oil prices had settled about 1% lower on Tuesday.
오늘 거래를 개설한 경우 발생할 수 있는 손익(총 비용 및 수수료)을 계산하세요.
시장
상품
계좌 유형
포지션
수량
금액은 다음보다 크거나 같아야 합니다. 기준 금액:
금액은 다음보다 작아야 합니다. 기준 금액:
금액은 최소 랏 증가분의 배수여야 합니다.
USD
EUR
GBP
CAD
AUD
CHF
ZAR
MXN
JPY
가격
수수료
스프레드
레버리지
환전 수수료
유지증거금
오버나이트 스왑
과거의 성과가 미래의 결과를 보장하는 것은 아닙니다.
계좌 통화와 일치하지 않는 통화로 표시된 상품의 포지션을 청산할 경우, 환전 수수료가 부과됩니다.
The physical crude market has been weakening, and the premium of Brent's first-month contract over the second, known as backwardation, is nearing its lowest point since January, signaling easing concerns over tight prompt supply.
Federal Reserve policymakers indicated on Tuesday that the US central bank should wait several more months to confirm that inflation is on track to meet its 2% target before considering interest rate cuts.
Higher borrowing costs can slow economic growth and reduce oil demand.
Investors are now awaiting minutes from the Fed's last policy meeting and the latest official U.S. oil inventory figures from the Energy Information Administration (EIA), due later on Wednesday, following the API data.
In a report cited by Reuters, analysts at Melbourne-based ANZ Bank wrote:
"The Federal Open Market Committee (FOMC) minutes will be scrutinised for the Fed's assessment of bumpy Q1 inflation and clues on the timing and extent of potential interest rate cuts in 2024”.
As per data cited by MarketWatch, analysts surveyed by S&P Global Commodity Insights, on average, look for crude inventories to show a fall of 2.15 million barrels, with gasoline stocks down 480,000 barrels and distillates unchanged.
UK inflation in April fell less than expected, with a key core measure barely decreasing, leading investors to pull back on bets for an interest rate cut by the Bank of England next month.
Front-month futures of global oil benchmark Brent settled below $83 a barrel on Tuesday, having traded within a narrow $5 range this month.
Despite this, Brent futures remain about 7% higher this year, bolstered by OPEC+ production cuts. Oil prices have eased since mid-April, however, with crude price volatility dropping to its lowest level in five years.
Traders are now focusing on the OPEC+ meeting in early June, where an extension of existing oil production cuts is anticipated. Meanwhile, geopolitical tensions persist with ongoing drone strikes on Russian oil refineries and a recent Houthi attack on a tanker in the Red Sea over the weekend.
When considering shares, indices, forex (foreign exchange) and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and could result in capital loss.
Past performance is not indicative of any future results. This information is provided for informative purposes only and should not be construed to be investment advice.
태그
모두 보기최신
모두 보기
목요일, 20 2월 2025
8 분
목요일, 20 2월 2025
5 분
목요일, 20 2월 2025
2 분
KO
