Oil Prices Steady As Market Balances IEA Surplus Forecast With Rate Cut Optimism
Oil Prices Steady As Market Balances IEA Surplus Forecast With Rate Cut Optimism
US inflation data for November showed a modest rise, in line with market expectations, reinforcing speculation of a rate cut by the Federal Reserve at its upcoming meeting. Analysts suggest this could bolster economic growth and energy demand.
Oil prices closed nearly flat on Thursday, reflecting mixed sentiments as the International Energy Agency (IEA) projected ample oil supplies while optimism about a potential Federal Reserve interest rate cut supported demand expectations.
周四油价收盘几乎持平，反映出混合情绪，因为国际能源署（IEA）预计石油供应充足，同时对美联储可能降息的乐观情绪支撑了需求预期。
Brent crude futures edged lower by 11 cents, or 0.15%, to settle at US$73.41 per barrel, while US West Texas Intermediate (WTI) crude fell 27 cents, or 0.38%, to US$70.02 per barrel.
布伦特原油期货下跌11美分，或0.15%，收于每桶73.41美元，而美国西德克萨斯中质油(WTI)则下跌27美分，或0.38%，至每桶70.02美元。
The IEA slightly raised its oil demand growth forecast for 2025 but maintained that the market would remain well-supplied. In contrast, OPEC cut its demand growth forecast for 2024 for the fifth consecutive month.
国际能源署（IEA）略微上调了2025年的石油需求增长预测，但仍然认为市场供应充足。相反，石油输出国组织（OPEC）连续第五个月下调2024年的需求增长预测。
US inflation data for November showed a modest rise, in line with market expectations, reinforcing speculation of a rate cut by the Federal Reserve at its upcoming meeting. Analysts suggest this could bolster economic growth and energy demand.
美国11月份的通货膨胀数据小幅上涨，符合市场预期，进一步强化了对美联储即将举行的会议上降息的猜测。分析师指出，这可能会促进经济增长和能源需求。
In China, crude imports surged 14% year-on-year in November, marking the first annual increase in seven months. Meanwhile, in the US, gasoline and distillate inventories grew more than anticipated, reflecting resilient demand.
在中国，11月份原油进口同比激增14%，标志着七个月来的首次年度增长。同时，在美国，汽油和馏分油库存增长超过预期，反映出需求的韧性。
Tensions in the Middle East also influenced prices. Iran agreed to stricter monitoring of its Fordow nuclear site, easing some geopolitical concerns.
中东的紧张局势也影响了价格。伊朗同意对其福尔多核设施进行更严格的监控，缓解了一些地缘政治担忧。
Despite slower-than-expected global oil demand growth this month, resilience in key markets like China and expectations of lower US interest rates continue to provide support to oil prices.
尽管本月全球石油需求增长低于预期，但中国等主要市场的韧性以及对美国利率下降的预期仍然对油价提供了支持。
Reuters
路透社
