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2021-07-12

Why oh why

Oil Slips Following Two-Day Gain With Demand Outlook in Focus<blockquote>油价在连续两天上涨后下跌，需求前景成为焦点</blockquote>

(Bloomberg) -- Oil dipped after a two-day gain as investors assessed the demand outlook amid a Covid

Oil Slips Following Two-Day Gain With Demand Outlook in Focus<blockquote>油价在连续两天上涨后下跌，需求前景成为焦点</blockquote>

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The rollout of vaccines and rebound in economic activity across major economies, particularly the U.S., has underpinned increasing fuel consumption. The spread of the highly infectious delta variant of the virus and uncertainty over supply from the OPEC+ alliance are clouding the outlook, however.<blockquote>纽约期货在周五上涨逾2%后跌破每桶74美元。主要经济体（尤其是美国）疫苗的推出和经济活动的反弹支撑了燃料消耗的增加。然而，高传染性德尔塔变异毒株病毒的传播以及OPEC+联盟供应的不确定性给前景蒙上了阴影。</blockquote> There are also signs that China’s rebound is slowing. It’s economy was always expected to descend from the heights hit during its initial rebound, but economists say the softening has come sooner than expected.<blockquote>也有迹象表明，中国的反弹正在放缓。人们一直预计中国经济将从最初反弹期间达到的高点回落，但经济学家表示，疲软来得比预期要早。</blockquote> Oil’s upward momentum was interrupted last week after an OPEC+ meeting on output levels was abandoned. Crude capped its first weekly loss since May -- despite an end-of-week rally -- with the stalemate raising concern the group’s unity may fracture and lead to a price war. The alliance had been widely expected to restore more of the production sidelined during the pandemic<blockquote>上周OPEC+关于产量水平的会议被放弃后，油价的上涨势头被打断。尽管周末有所上涨，但原油价格止住了自5月份以来的首次单周跌幅，僵局引发了人们对该集团团结可能破裂并导致价格战的担忧。人们普遍预计该联盟将恢复更多在大流行期间暂停的生产</blockquote> “There is some weaker Chinese data but also the rise of the delta variant in Europe is causing some doubts on the demand recovery,” said Hans van Cleef, senior energy economist at ABN Amro. There’s also the question of whether OPEC+ will find a solution and potentially increase production, he said.<blockquote>荷兰银行高级能源经济学家汉斯·范·克里夫表示：“中国数据疲软，但欧洲德尔塔变异毒株的上升也引发了人们对需求复苏的一些怀疑。”他说，还有一个问题是欧佩克+是否会找到解决方案并可能增加产量。</blockquote> The International Energy Agency will provide investors with a snapshot of the market on Tuesday with the release of its monthly report, while OPEC will also release its monthly report on Thursday.<blockquote>国际能源署将于周二发布月度报告，为投资者提供市场概况，而OPEC也将于周四发布月度报告。</blockquote> The market’s bullish structure has eased slightly on the OPEC+ uncertainty. The prompt timespread for Brent was 82 cents a barrel in backwardation -- where near-dated contracts are more expensive than later-dated ones. That compares with 99 cents a week earlier.<blockquote>受OPEC+不确定性影响，市场看涨结构略有缓解。布伦特原油的即期价差为每桶82美分，即近期合约比近期合约更贵。相比之下，一周前为99美分。</blockquote> The coronavirus remains a constant source of concern. The U.S. reported the most cases since mid-May as delta takes hold in less vaccinated areas. French officials warned of a new wave, while U.K. Prime Minister Boris Johnson will warn people to stay vigilant as he prepares to lift virtually all remaining restrictions in England. 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The rollout of vaccines and rebound in economic activity across major economies, particularly the U.S., has underpinned increasing fuel consumption. The spread of the highly infectious delta variant of the virus and uncertainty over supply from the OPEC+ alliance are clouding the outlook, however.<blockquote>纽约期货在周五上涨逾2%后跌破每桶74美元。主要经济体（尤其是美国）疫苗的推出和经济活动的反弹支撑了燃料消耗的增加。然而，高传染性德尔塔变异毒株病毒的传播以及OPEC+联盟供应的不确定性给前景蒙上了阴影。</blockquote> There are also signs that China’s rebound is slowing. It’s economy was always expected to descend from the heights hit during its initial rebound, but economists say the softening has come sooner than expected.<blockquote>也有迹象表明，中国的反弹正在放缓。人们一直预计中国经济将从最初反弹期间达到的高点回落，但经济学家表示，疲软来得比预期要早。</blockquote> Oil’s upward momentum was interrupted last week after an OPEC+ meeting on output levels was abandoned. Crude capped its first weekly loss since May -- despite an end-of-week rally -- with the stalemate raising concern the group’s unity may fracture and lead to a price war. The alliance had been widely expected to restore more of the production sidelined during the pandemic<blockquote>上周OPEC+关于产量水平的会议被放弃后，油价的上涨势头被打断。尽管周末有所上涨，但原油价格止住了自5月份以来的首次单周跌幅，僵局引发了人们对该集团团结可能破裂并导致价格战的担忧。人们普遍预计该联盟将恢复更多在大流行期间暂停的生产</blockquote> “There is some weaker Chinese data but also the rise of the delta variant in Europe is causing some doubts on the demand recovery,” said Hans van Cleef, senior energy economist at ABN Amro. There’s also the question of whether OPEC+ will find a solution and potentially increase production, he said.<blockquote>荷兰银行高级能源经济学家汉斯·范·克里夫表示：“中国数据疲软，但欧洲德尔塔变异毒株的上升也引发了人们对需求复苏的一些怀疑。”他说，还有一个问题是欧佩克+是否会找到解决方案并可能增加产量。</blockquote> The International Energy Agency will provide investors with a snapshot of the market on Tuesday with the release of its monthly report, while OPEC will also release its monthly report on Thursday.<blockquote>国际能源署将于周二发布月度报告，为投资者提供市场概况，而OPEC也将于周四发布月度报告。</blockquote> The market’s bullish structure has eased slightly on the OPEC+ uncertainty. The prompt timespread for Brent was 82 cents a barrel in backwardation -- where near-dated contracts are more expensive than later-dated ones. That compares with 99 cents a week earlier.<blockquote>受OPEC+不确定性影响，市场看涨结构略有缓解。布伦特原油的即期价差为每桶82美分，即近期合约比近期合约更贵。相比之下，一周前为99美分。</blockquote> The coronavirus remains a constant source of concern. The U.S. reported the most cases since mid-May as delta takes hold in less vaccinated areas. French officials warned of a new wave, while U.K. Prime Minister Boris Johnson will warn people to stay vigilant as he prepares to lift virtually all remaining restrictions in England. In Asia, Indonesia is in the throes of a major outbreak and case numbers are also high in Thailand and Malaysia.<blockquote>冠状病毒仍然是一个持续的担忧来源。随着达美航空在疫苗接种较少的地区扎根，美国报告了自5月中旬以来最多的病例。法国官员警告将出现新一波浪潮，而英国首相鲍里斯·约翰逊将警告人们保持警惕，因为他准备取消英格兰几乎所有剩余的限制。在亚洲，印度尼西亚正处于重大疫情爆发的阵痛中，泰国和马来西亚的病例数也很高。</blockquote>\n<div class=\"bt-text\">\n\n\n 来源：<a href=\"https://finance.yahoo.com/news/oil-extends-gains-investors-betting-224520271.html\">Bloomberg</a>\n为提升您的阅读体验，我们对本页面进行了排版优化\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/oil-extends-gains-investors-betting-224520271.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106315388","content_text":"(Bloomberg) -- Oil dipped after a two-day gain as investors assessed the demand outlook amid a Covid-19 resurgence in many regions.\nFutures in New York fell below $74 a barrel after rising more than 2% on Friday. The rollout of vaccines and rebound in economic activity across major economies, particularly the U.S., has underpinned increasing fuel consumption. The spread of the highly infectious delta variant of the virus and uncertainty over supply from the OPEC+ alliance are clouding the outlook, however.\nThere are also signs that China’s rebound is slowing. It’s economy was always expected to descend from the heights hit during its initial rebound, but economists say the softening has come sooner than expected.\nOil’s upward momentum was interrupted last week after an OPEC+ meeting on output levels was abandoned. Crude capped its first weekly loss since May -- despite an end-of-week rally -- with the stalemate raising concern the group’s unity may fracture and lead to a price war. The alliance had been widely expected to restore more of the production sidelined during the pandemic\n“There is some weaker Chinese data but also the rise of the delta variant in Europe is causing some doubts on the demand recovery,” said Hans van Cleef, senior energy economist at ABN Amro. There’s also the question of whether OPEC+ will find a solution and potentially increase production, he said.\nThe International Energy Agency will provide investors with a snapshot of the market on Tuesday with the release of its monthly report, while OPEC will also release its monthly report on Thursday.\nThe market’s bullish structure has eased slightly on the OPEC+ uncertainty. The prompt timespread for Brent was 82 cents a barrel in backwardation -- where near-dated contracts are more expensive than later-dated ones. That compares with 99 cents a week earlier.\nThe coronavirus remains a constant source of concern. The U.S. reported the most cases since mid-May as delta takes hold in less vaccinated areas. French officials warned of a new wave, while U.K. Prime Minister Boris Johnson will warn people to stay vigilant as he prepares to lift virtually all remaining restrictions in England. In Asia, Indonesia is in the throes of a major outbreak and case numbers are also high in Thailand and Malaysia.","news_type":1,"symbols_score_info":{"CLmain":0.9}},"isVote":1,"tweetType":1,"viewCount":719,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":8,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}

Oil Slips Following Two-Day Gain With Demand Outlook in Focus<blockquote>油价在连续两天上涨后下跌，需求前景成为焦点</blockquote>

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