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  4. Oil Edges Lower for a Second Session With Focus on Fed Stimulus
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Oil Edges Lower for a Second Session With Focus on Fed Stimulus

(Bloomberg) -- Oil dipped at the open of trading in Asia as investors turned their attention to a Federal Reserve meeting this week that’s expected to signal moving toward scaling...
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Oil Edges Lower for a Second Session With Focus on Fed Stimulus © Reuters. Oil Edges Lower for a Second Session With Focus on Fed Stimulus

(Bloomberg) -- Oil dipped at the open of trading in Asia as investors turned their attention to a Federal Reserve meeting this week that’s expected to signal moving toward scaling back stimulus.

Futures in New York slipped for a second session, toward $71 a barrel. Policy makers are poised to start laying the groundwork for reducing monthly asset purchases when the Fed meets for two days from Tuesday, a Bloomberg survey of economists showed. The dollar held a two-day advance, making commodities priced in the currency such as oil less attractive to investors.

Oil still capped a fourth weekly advance on Friday, with prices clawing back gains following an interruption by the sweeping spread of the delta variant of the virus that raised concerns about the demand outlook. The global market has tightened, with focus also shifting to the energy crunch playing out worldwide that may increase demand for crude.

Energy prices have rallied globally as economies emerge from the pandemic, especially natural gas, which has spurred the prospect of fuel switching. There are expectations diesel demand will expand in Asia during winter, while the use of oil to generate power in the U.S. may jump.

See also: Winter Is Coming and Europe Is Running Low on Gas: Julian Lee

The prompt timespread for Brent was 78 cents a barrel in backwardation -- a bullish structure where near-dated contracts are more expensive than those further out. That compares with 61 cents a week earlier.

©2021 Bloomberg L.P.

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31-03-2024 10:19:50 (UTC+7)

EUR/USD

1.0793

+0.0006 (+0.06%)

Summary

Sell

Moving Avg:

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Indicators:

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EUR/USD

1.0793

+0.0006 (+0.06%)

Summary

Sell

Moving Avg:

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GBP/USD

1.2624

+0.0002 (+0.02%)

Summary

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Moving Avg:

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USD/JPY

151.38

0.01 (0.00%)

Summary

↑ Buy

Moving Avg:

Buy (12)

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AUD/USD

0.6522

+0.0007 (+0.11%)

Summary

Sell

Moving Avg:

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USD/CAD

1.3543

+0.0006 (+0.04%)

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EUR/JPY

163.37

+0.12 (+0.07%)

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↑ Sell

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EUR/CHF

0.9738

+0.0010 (+0.10%)

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Gold Futures

2,254.80

42.10 (1.90%)

Summary

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Moving Avg:

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Silver Futures

25.100

+0.002 (+0.01%)

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↑ Buy

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Copper Futures

4.0115

-0.0003 (-0.01%)

Summary

↑ Buy

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Crude Oil WTI Futures

83.11

+1.76 (+2.16%)

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Brent Oil Futures

86.99

+0.04 (+0.05%)

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Neutral

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Natural Gas Futures

1.752

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188.53

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Euro Stoxx 50

5,082.85

+1.11 (+0.02%)

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S&P 500

5,254.35

+5.86 (+0.11%)

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18,504.51

+27.42 (+0.15%)

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FTSE 100

7,952.62

+20.64 (+0.26%)

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16,541.42

0.00 (0.00%)

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Neutral

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US Small Cap 2000

2,120.15

+5.80 (+0.27%)

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11,074.60

-36.70 (-0.33%)

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BASF SE NA O.N.

52.930

-0.320 (-0.60%)

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Bayer AG NA

28.43

+0.01 (+0.04%)

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277.80

+0.35 (+0.13%)

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Adidas AG

207.00

+2.30 (+1.12%)

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7.281

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176.96

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14.582

-0.030 (-0.21%)

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 EUR/USD1.0793Sell
 GBP/USD1.2624Sell
 USD/JPY151.38↑ Buy
 AUD/USD0.6522Sell
 USD/CAD1.3543Buy
 EUR/JPY163.37↑ Sell
 EUR/CHF0.9738↑ Buy
 Gold2,254.80Buy
 Silver25.100↑ Buy
 Copper4.0115↑ Buy
 Crude Oil WTI83.11↑ Buy
 Brent Oil86.99Neutral
 Natural Gas1.752↑ Sell
 US Coffee C188.53↑ Sell
 Euro Stoxx 505,082.85↑ Sell
 S&P 5005,254.35↑ Sell
 DAX18,504.51↑ Buy
 FTSE 1007,952.62↑ Sell
 Hang Seng16,541.42Neutral
 Small Cap 20002,120.15Neutral
 IBEX 3511,074.60↑ Sell
 BASF52.930↑ Buy
 Bayer28.43Buy
 Allianz277.80↑ Buy
 Adidas207.00↑ Buy
 Lufthansa7.281↑ Sell
 Siemens AG176.96↑ Buy
 Deutsche Bank AG14.582↑ Buy
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SJC Eximbank7,910/ 8,080
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Cập nhật 31-03-2024 10:19:52
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ↀ Giá vàng thế giới
$2,232.75-1.61-0.07%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V24.69025.180
RON 95-III24.28024.760
E5 RON 92-II23.21023.670
DO 0.05S21.01021.430
DO 0,001S-V21.64022.070
Dầu hỏa 2-K21.26021.680
ↂ Giá dầu thô thế giới
WTI$82.82+5.390.07%
Brent$86.82+5.180.06%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD24.600,0024.970,00
EUR26.020,0327.447,78
GBP30.490,4131.787,64
JPY158,93168,22
KRW15,9119,28
Cập nhật lúc 10:12:31 31/03/2024
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