Oil Holds Near Six-week Low With Chinese Demand, OPEC+ In Focus
Oil Holds Near Six-week Low With Chinese Demand, OPEC+ In Focus
Traders will also be monitoring developments in the Middle East, after Israel attacked Hezbollah targets on Sunday and threatened further retaliation for an earlier rocket strike that killed 12 children, while continuing to signal it was open to a proposed Gaza truce. – BloombergOil steadied near a six-week low as positive Chinese economic data helped ease concern over demand in the world's biggest importer, before an OPEC+ meeting this week.
在本周OPEC+会议前，中国经济数据的积极表现减轻了全球最大进口国需求的担忧，原油价格在六周低位稳定。
Brent crude traded above $81 a barrel after falling 1.5% on Friday to notch a third weekly drop, with West Texas Intermediate near $77. Industrial profits in Asia's largest economy grew at a faster year-on-year pace in June than May, showing the resilience of manufacturing.
布伦特原油交易在周五下跌1.5%后略微上涨至每桶81美元，连续第三周下跌，而西德克萨斯中质原油接近77美元。亚洲最大经济体的工业利润在6月同比增长速度比5月快，显示了制造业的韧性。
Crude remains modestly higher this year, helped by OPEC+ supply discipline and expectations the Federal Reserve is getting closer to lower borrowing costs. An interest-rate decision from the US central bank is due Wednesday. The Organization of the Petroleum Exporting Countries and its allies meet a day later, with the market split on whether the group will alter production levels.
石油股在今年仍然有所增长，得益于OPEC+的供应纪律以及联邦储备委员会降低借贷成本的预期。美国央行的利率决定将于周三公布。石油输出国组织及其盟友将于隔日会面，市场对该组织是否会改变生产水平存在分歧。
Traders will also be monitoring developments in the Middle East, after Israel attacked Hezbollah targets on Sunday and threatened further retaliation for an earlier rocket strike that killed 12 children, while continuing to signal it was open to a proposed Gaza truce. – Bloomberg
交易员还将密切关注中东地区的发展，以色列周日袭击了真主党的目标，并威胁要对早前导致12名儿童死亡的火箭袭击进行进一步报复，同时继续暗示接受提出的加沙停火协议。- 彭博社
