terça-feira, 15 de agosto, 2017

Oil prices retreated 2.5 percent under the dollar and weak demand data in China

NEW YORK (Reuters)-oil prices retreated over 2,5% on Monday in a volatile session, since the strength in the dollar and weak domestic demand in China dropped the values that had received a brief boost from concerns about possible reductions in the supply of oil from Libya. Brent closed in fall of 1.37 dollars, or 2,63%, to 50.73 dollars per barrel. The oil of the United States ended in fall of 1.23 dollars, or 2,52%, to 47.59 dollars a barrel. "It is the strong dollar, concern about demand in China and weak volumes," said Phil Flynn, an analyst at Price Futures Group in Chicago. The dollar rallied broadly as traders were betting against the American currency, bass players as a result of the growing tensions with North Korea and the data of inflation below the expected. Oil prices fell after news that the operations of refineries in China retreated in July. Analysts said the fall was sharper than expected, reinforcing concerns that excess refined products could weaken the Chinese demand for oil.
Reuters - 14/08/15 Noticia traduzida automaticamente
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