Oil futures were little changed
07.08.2014, 15:40

Oil futures were little changed

Brent crude traded near its lowest closing level in nine months on speculation that supplies remain sufficient to meet demand. West Texas Intermediate was near a six-month low.

Futures were little changed in London. In Iraq, Kurdish exports remain unaffected by turmoil that also has spared supply from the nation's south, home to more than three-quarters of its crude output. Libyan lawmakers ordered feuding militias and other groups to end their fighting. Crude stockpiles remain above last year's level in the U.S., the world's biggest consumer, according to the Energy Information Administration.

"Market participants are overestimating the current level of oversupply on the market, while at the same time underestimating the risks of future production outages," Carsten Fritsch, an analyst at Commerzbank AG in Frankfurt, said in a report.

Brent for September settlement rose 3 cents to $104.62 a barrel on the London-based ICE Futures Europe exchange at 12:52 p.m. local time. It closed at $104.59 yesterday, the lowest since Nov. 7. The European benchmark crude was at a premium of $7.61 to WTI, after closing at $7.67 yesterday. The grade has lost 5.6 percent this year.

WTI for September delivery advanced 9 cents to $97.01 in electronic trading on the New York Mercantile Exchange. It declined earlier to $96.55 a barrel, the lowest since Feb. 4. The volume of all futures traded was about 5 percent below the 100-day average. Prices are down 1.4 percent this year.

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik