Oil Prices Slip as Summer Demand Surge Nears End -- Market Talk
Oil Prices Slip as Summer Demand Surge Nears End -- Market Talk
1440 ET - US benchmark oil prices finish a tight-range trading session with a small 0.2% decline at $69.09 a barrel as investors worry whether demand can stay relatively strong in the fall after surprisingly high oil consumption rates this summer. The market turned slightly bearish overnight after an IEA report in which the Paris-based group cut its 2H21 global demand outlook sharply and warned of surpluses next year as Delta variant fears continue. But US air travel has only taken a minor hit from Delta, and roadway travel is holding steady as well. Heading toward Friday, WTI crude is 1.2% higher for the week after a huge, 7.7% drop last week. (dan.molinski@wsj.com)
1440ET-美國基準油價結束了一個窄幅交易時段，小幅下跌0.2%，至每桶69.09美元，因為投資者擔心，在今年夏天令人驚訝的高石油消費率之後，秋季的需求是否能保持相對強勁。在國際能源署(IEA)一份報告發布後，市場在一夜之間變得略顯悲觀。這家總部位於巴黎的集團在報告中大幅下調了2h21全球需求預期，並警告稱，由於對達美航空變異的擔憂仍在繼續，明年將出現過剩。但美國航空旅行只受到達美航空的輕微打擊，公路旅行也保持穩定。臨近週五，西德克薩斯中質原油(WTI)本週上漲1.2%，上週大幅下跌7.7%。(dan.molinski@wsj.com)