binance left Huobi Global Coinmarketcap net_left adver left
Detail

Oil Resumes Climb Despite Weaker Demand Worries

By David Ho AiVIF.com – Oil was up on Friday morning in Asia, resuming its climb after a small fall from fears about China’s lockdowns affecting growth and demand...
Oil Resumes Climb Despite Weaker Demand Worries © Reuters.

By David Ho

AiVIF.com – Oil was up on Friday morning in Asia, resuming its climb after a small fall from fears about China’s lockdowns affecting growth and demand prospects.

Brent oil futures rose 1.38% to $108.93 by 10:20 PM ET (2:20 AM GMT) and crude oil WTI futures jumped 1.23% to $107.44.

However, both benchmark contracts are on track to post declines for the week. Brent is expected to drop more than 3% and WTI more than 2%.

The market has been in a tug of war between the prospect of a European Union ban on Russian oil shortening supply and demand concerns from weaker global growth, inflation and China's COVID curbs.

"The demand concern factors have grown quite a bit," said Commonwealth Bank commodities analyst Vivek Dhar.

Inflation and aggressive rate rises have driven the U.S. dollar to 20-year highs, which has capped oil price gains. A strong dollar makes oil more expensive for buyers holding other currencies.

But analysts continue to focus on the prospect of a European Union ban on Russian oil. This week, Moscow had imposed sanctions on European units of state-owned Gazprom (MCX:GAZP) and Ukraine stopped a gas transit route.

"Oil is finding support from supply concerns as Russia takes another step forward to weaponize energy," said SPI Asset Management managing partner Stephen Innes.

A report by the International Energy Agency on Thursday highlighted the dueling factors in the market. It stated that rising oil production in the Middle East and the United States and a slowdown in demand growth are "expected to fend off an acute supply deficit amid a worsening Russian supply disruption".

The agency saw output from Russia falling by nearly 3 million barrels per day (bpd) from July, or about three times more than is currently displaced. Sanctions for its invasion on Ukraine are expanded or if further buying is deterred could affect the situation.

HOT AUTO TRADE BOT SOFTWARE ig right nyse right Neteller adver right
APPROVED BROKERS
rakuten_main right top net_home_top HOT AUTO TRADE BOT SOFTWARE Binance _ main right top fbs_main right top tifia_main right top
21-05-2022 03:38:26 (UTC+7)

EUR/USD

1.0560

-0.0026 (-0.25%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (2)

EUR/USD

1.0560

-0.0026 (-0.25%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (2)

GBP/USD

1.2495

+0.0036 (+0.28%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (8)

Sell (0)

USD/JPY

127.90

+0.10 (+0.08%)

Summary

Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (4)

Sell (3)

AUD/USD

0.7043

-0.0003 (-0.05%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (4)

Sell (3)

USD/CAD

1.2837

+0.0012 (+0.09%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (9)

Sell (0)

EUR/JPY

135.07

-0.22 (-0.16%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (4)

Sell (3)

EUR/CHF

1.0293

-0.0008 (-0.08%)

Summary

Neutral

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (3)

Sell (3)

Gold Futures

1,844.10

+2.90 (+0.16%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Silver Futures

21.748

-0.160 (-0.73%)

Summary

Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (2)

Sell (2)

Copper Futures

4.3015

+0.0185 (+0.43%)

Summary

↑ Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (0)

Sell (8)

Crude Oil WTI Futures

110.61

+0.72 (+0.66%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (0)

Sell (7)

Brent Oil Futures

112.94

+0.90 (+0.80%)

Summary

Neutral

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (2)

Sell (5)

Natural Gas Futures

8.076

-0.232 (-2.79%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (7)

Sell (1)

US Coffee C Futures

216.48

-2.22 (-1.02%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (0)

Euro Stoxx 50

3,657.03

+16.48 (+0.45%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (9)

Sell (1)

S&P 500

3,901.36

+0.57 (+0.01%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

DAX

13,981.91

+99.61 (+0.72%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (8)

Sell (0)

FTSE 100

7,389.98

+87.24 (+1.19%)

Summary

Neutral

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (7)

Sell (2)

Hang Seng

20,717.24

+596.56 (+2.96%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (7)

US Small Cap 2000

1,768.35

-7.87 (-0.44%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (7)

Sell (1)

IBEX 35

8,484.50

+78.50 (+0.93%)

Summary

Neutral

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (5)

Sell (2)

BASF SE NA O.N.

48.850

-0.010 (-0.02%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (6)

Sell (1)

Bayer AG NA

63.74

+0.34 (+0.54%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (6)

Sell (2)

Allianz SE VNA O.N.

195.58

+0.78 (+0.40%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (8)

Sell (0)

Adidas AG

172.80

+0.92 (+0.54%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (7)

Sell (1)

Deutsche Lufthansa AG

6.852

+0.049 (+0.72%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (5)

Siemens AG Class N

115.08

+2.62 (+2.33%)

Summary

Neutral

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (4)

Sell (4)

Deutsche Bank AG

9.362

-0.130 (-1.37%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (8)

Sell (1)

 EUR/USD1.0560↑ Buy
 GBP/USD1.2495↑ Buy
 USD/JPY127.90Buy
 AUD/USD0.7043↑ Buy
 USD/CAD1.2837↑ Buy
 EUR/JPY135.07Buy
 EUR/CHF1.0293Neutral
 Gold1,844.10↑ Buy
 Silver21.748Buy
 Copper4.3015↑ Sell
 Crude Oil WTI110.61Sell
 Brent Oil112.94Neutral
 Natural Gas8.076Buy
 US Coffee C216.48↑ Buy
 Euro Stoxx 503,657.03↑ Buy
 S&P 5003,901.36↑ Buy
 DAX13,981.91Buy
 FTSE 1007,389.98Neutral
 Hang Seng20,717.24↑ Sell
 Small Cap 20001,768.35↑ Buy
 IBEX 358,484.50Neutral
 BASF48.850Buy
 Bayer63.74Buy
 Allianz195.58Buy
 Adidas172.80Buy
 Lufthansa6.852↑ Sell
 Siemens AG115.08Neutral
 Deutsche Bank AG9.362Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,875/ 6,975
(0/ 0) # 1,795
SJC HCM6,890/ 6,980
(0/ 0) # 1,798
SJC Hanoi6,890/ 6,982
(0/ 0) # 1,800
SJC Danang6,890/ 6,982
(0/ 0) # 1,800
SJC Nhatrang6,890/ 6,982
(0/ 0) # 1,800
SJC Cantho6,890/ 6,982
(0/ 0) # 1,800
Cập nhật 21-05-2022 03:38:28
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,845.28+3.020.16%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V30.58031.190
RON 95-III29.98030.570
E5 RON 92-II28.95029.520
DO 0.05S26.65027.180
DO 0,001S-V27.45027.990
Dầu hỏa 2-K25.16025.660
ↂ Giá dầu thô thế giới
WTI$110.61-0.19-0.17%
Brent$112.96-0.38-0.34%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.000,0023.310,00
EUR23.879,5425.217,23
GBP28.128,1029.328,16
JPY176,49186,84
KRW15,8019,26
Cập nhật lúc 18:52:01 20/05/2022
Xem bảng tỷ giá hối đoái
binance main right Fxpro Main Right aetos main right adver main right