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AlexO
2021-07-08
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AlexO
2021-07-08
Great
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AlexO
2021-07-08
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Oil prices continue to fall as OPEC+ uncertainty weighs
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brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1625733209,"share":"https://ttm.financial/m/news/2149345143?lang=&edition=fundamental","pubTime":"2021-07-08 16:33","market":"us","language":"en","title":"Oil prices continue to fall as OPEC+ uncertainty weighs","url":"https://stock-news.laohu8.com/highlight/detail?id=2149345143","media":"Reuters","summary":"* Saudi-UAE still at impasse, Russia steps in to rescue OPEC+ deal\n* U.S. 2021 crude output to fall ","content":"<p>* Saudi-UAE still at impasse, Russia steps in to rescue OPEC+ deal</p>\n<p>* U.S. 2021 crude output to fall less than previous forecast-EIA</p>\n<p>* Coming up: Weekly EIA inventory data at 1500 GMT</p>\n<p>LONDON, July 8 (Reuters) - Oil prices fell for a third day on Thursday amid uncertainty over supply after the collapse this week of talks among major producers which could potentially cause the current output agreement to be abandoned.</p>\n<p>Brent crude oil futures was down $1.11, or 1.5%, to $72.32 a barrel at 0821 GMT, while U.S. West Texas Intermediate futures were down $1.19, or 1.6%, at $71.01 a barrel. Both contracts were at their lowest in about three weeks.</p>\n<p>However, the six-month spread is still in backwardation with the front-month price higher than later months.</p>\n<p>\"This suggests that no immediate flooding of the market is anticipated,\" PVM analysts said in a note.</p>\n<p>Brent prices have fallen about $5 a barrel, or 6.4%, since Monday's close after talks between the Organization of the Petroleum Exporting Countries and its allies, including Russia, known as OPEC+, fell apart.</p>\n<p>Saudi Arabia refused demands from the United Arab Emirates to raise its output under the group's supply cut agreement which has restrained supply for more than a year.</p>\n<p>The group is maintaining nearly 6 million barrels per day (bpd) of output cuts and was expected to add to supply, but three days of meetings failed to close divisions between the Saudis and the Emiratis.</p>\n<p>Russia is trying to mediate between Saudi Arabia and the UAE to help strike a deal to raise oil output, three OPEC+ sources said on Wednesday.</p>\n<p>Concerns over the pandemic also weighed on prices, with Japan, the world's fourth-largest oil user, set to declare a state of emergency for the Tokyo area and South Korea reporting its highest ever daily COVID-19 cases.</p>\n<p>Prices found some support from a large drop in oil inventories in the United States.</p>\n<p>Oil stockpiles in the world's biggest oil user fell by 8 million barrels for the week ended July 2, according to two market sources, citing American Petroleum Institute figures.</p>\n<p>Government inventory data is due on Thursday, pushed back a day following the U.S. Fourth of July holiday on Monday.</p>\n<p>U.S. oil production declines this year are expected to lessen, with the Energy Information Administration <a href=\"https://laohu8.com/S/EIA\">$(EIA)$</a> saying on Wednesday that output will be 11.10 million bpd in 2021, higher than a previous forecast.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOil prices continue to fall as OPEC+ uncertainty weighs\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-08 16:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Saudi-UAE still at impasse, Russia steps in to rescue OPEC+ deal</p>\n<p>* U.S. 2021 crude output to fall less than previous forecast-EIA</p>\n<p>* Coming up: Weekly EIA inventory data at 1500 GMT</p>\n<p>LONDON, July 8 (Reuters) - Oil prices fell for a third day on Thursday amid uncertainty over supply after the collapse this week of talks among major producers which could potentially cause the current output agreement to be abandoned.</p>\n<p>Brent crude oil futures was down $1.11, or 1.5%, to $72.32 a barrel at 0821 GMT, while U.S. West Texas Intermediate futures were down $1.19, or 1.6%, at $71.01 a barrel. Both contracts were at their lowest in about three weeks.</p>\n<p>However, the six-month spread is still in backwardation with the front-month price higher than later months.</p>\n<p>\"This suggests that no immediate flooding of the market is anticipated,\" PVM analysts said in a note.</p>\n<p>Brent prices have fallen about $5 a barrel, or 6.4%, since Monday's close after talks between the Organization of the Petroleum Exporting Countries and its allies, including Russia, known as OPEC+, fell apart.</p>\n<p>Saudi Arabia refused demands from the United Arab Emirates to raise its output under the group's supply cut agreement which has restrained supply for more than a year.</p>\n<p>The group is maintaining nearly 6 million barrels per day (bpd) of output cuts and was expected to add to supply, but three days of meetings failed to close divisions between the Saudis and the Emiratis.</p>\n<p>Russia is trying to mediate between Saudi Arabia and the UAE to help strike a deal to raise oil output, three OPEC+ sources said on Wednesday.</p>\n<p>Concerns over the pandemic also weighed on prices, with Japan, the world's fourth-largest oil user, set to declare a state of emergency for the Tokyo area and South Korea reporting its highest ever daily COVID-19 cases.</p>\n<p>Prices found some support from a large drop in oil inventories in the United States.</p>\n<p>Oil stockpiles in the world's biggest oil user fell by 8 million barrels for the week ended July 2, according to two market sources, citing American Petroleum Institute figures.</p>\n<p>Government inventory data is due on Thursday, pushed back a day following the U.S. Fourth of July holiday on Monday.</p>\n<p>U.S. oil production declines this year are expected to lessen, with the Energy Information Administration <a href=\"https://laohu8.com/S/EIA\">$(EIA)$</a> saying on Wednesday that output will be 11.10 million bpd in 2021, higher than a previous forecast.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2149345143","content_text":"* Saudi-UAE still at impasse, Russia steps in to rescue OPEC+ deal\n* U.S. 2021 crude output to fall less than previous forecast-EIA\n* Coming up: Weekly EIA inventory data at 1500 GMT\nLONDON, July 8 (Reuters) - Oil prices fell for a third day on Thursday amid uncertainty over supply after the collapse this week of talks among major producers which could potentially cause the current output agreement to be abandoned.\nBrent crude oil futures was down $1.11, or 1.5%, to $72.32 a barrel at 0821 GMT, while U.S. West Texas Intermediate futures were down $1.19, or 1.6%, at $71.01 a barrel. Both contracts were at their lowest in about three weeks.\nHowever, the six-month spread is still in backwardation with the front-month price higher than later months.\n\"This suggests that no immediate flooding of the market is anticipated,\" PVM analysts said in a note.\nBrent prices have fallen about $5 a barrel, or 6.4%, since Monday's close after talks between the Organization of the Petroleum Exporting Countries and its allies, including Russia, known as OPEC+, fell apart.\nSaudi Arabia refused demands from the United Arab Emirates to raise its output under the group's supply cut agreement which has restrained supply for more than a year.\nThe group is maintaining nearly 6 million barrels per day (bpd) of output cuts and was expected to add to supply, but three days of meetings failed to close divisions between the Saudis and the Emiratis.\nRussia is trying to mediate between Saudi Arabia and the UAE to help strike a deal to raise oil output, three OPEC+ sources said on Wednesday.\nConcerns over the pandemic also weighed on prices, with Japan, the world's fourth-largest oil user, set to declare a state of emergency for the Tokyo area and South Korea reporting its highest ever daily COVID-19 cases.\nPrices found some support from a large drop in oil inventories in the United States.\nOil stockpiles in the world's biggest oil user fell by 8 million barrels for the week ended July 2, according to two market sources, citing American Petroleum Institute figures.\nGovernment inventory data is due on Thursday, pushed back a day following the U.S. Fourth of July holiday on Monday.\nU.S. oil production declines this year are expected to lessen, with the Energy Information Administration $(EIA)$ saying on Wednesday that output will be 11.10 million bpd in 2021, higher than a previous forecast.","news_type":1},"isVote":1,"tweetType":1,"viewCount":271,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":149535375,"gmtCreate":1625734710797,"gmtModify":1703747397712,"author":{"id":"3576630348318622","authorId":"3576630348318622","name":"AlexO","avatar":"https://static.tigerbbs.com/b55c037b9b1cc3abf50280ef2553f142","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576630348318622","authorIdStr":"3576630348318622"},"themes":[],"htmlText":"Great ","listText":"Great ","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149535375","repostId":"2149436483","repostType":4,"isVote":1,"tweetType":1,"viewCount":358,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149535075,"gmtCreate":1625734699897,"gmtModify":1703747397063,"author":{"id":"3576630348318622","authorId":"3576630348318622","name":"AlexO","avatar":"https://static.tigerbbs.com/b55c037b9b1cc3abf50280ef2553f142","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576630348318622","authorIdStr":"3576630348318622"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149535075","repostId":"2149345974","repostType":4,"repost":{"id":"2149345974","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1625732699,"share":"https://ttm.financial/m/news/2149345974?lang=&edition=fundamental","pubTime":"2021-07-08 16:24","market":"hk","language":"en","title":"Tesla sold 33,155 China-made vehicles in June -CPCA","url":"https://stock-news.laohu8.com/highlight/detail?id=2149345974","media":"Reuters","summary":"BEIJING, July 8 (Reuters) - U.S. electric vehicle maker Tesla Inc sold 33,155 China-made vehicles, i","content":"<p>BEIJING, July 8 (Reuters) - U.S. electric vehicle maker Tesla Inc sold 33,155 China-made vehicles, including those for export, in June, China Passenger Car Association (CPCA) said on Thursday.</p>\n<p>Tesla, which is making Model 3 sedans and Model Y sport-utility vehicles in Shanghai, sold 28,138 China-made cars in China and exported 5,017 cars in June.</p>\n<p>In May, Tesla sold 33,463 China-made cars.</p>\n<p>On Thursday, Tesla launched Model Y cars with a standard driving range in China, lowering the starting price for the vehicle to 276,000 yuan ($42,588) in the world's biggest auto market.</p>\n<p>BYD sold 40,532 so-called new energy vehicles, which include battery electric and plug-in hybrid vehicles, last month in China. General Motors Co's venture with SAIC Motor sold 30,479 such cars.</p>\n<p>CPCA also said China sold 1.6 million passenger cars in June, down 5.3% from a year earlier.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla sold 33,155 China-made vehicles in June -CPCA</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla sold 33,155 China-made vehicles in June -CPCA\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-08 16:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BEIJING, July 8 (Reuters) - U.S. electric vehicle maker Tesla Inc sold 33,155 China-made vehicles, including those for export, in June, China Passenger Car Association (CPCA) said on Thursday.</p>\n<p>Tesla, which is making Model 3 sedans and Model Y sport-utility vehicles in Shanghai, sold 28,138 China-made cars in China and exported 5,017 cars in June.</p>\n<p>In May, Tesla sold 33,463 China-made cars.</p>\n<p>On Thursday, Tesla launched Model Y cars with a standard driving range in China, lowering the starting price for the vehicle to 276,000 yuan ($42,588) in the world's biggest auto market.</p>\n<p>BYD sold 40,532 so-called new energy vehicles, which include battery electric and plug-in hybrid vehicles, last month in China. General Motors Co's venture with SAIC Motor sold 30,479 such cars.</p>\n<p>CPCA also said China sold 1.6 million passenger cars in June, down 5.3% from a year earlier.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"01211":"比亚迪股份","GM":"通用汽车","TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2149345974","content_text":"BEIJING, July 8 (Reuters) - U.S. electric vehicle maker Tesla Inc sold 33,155 China-made vehicles, including those for export, in June, China Passenger Car Association (CPCA) said on Thursday.\nTesla, which is making Model 3 sedans and Model Y sport-utility vehicles in Shanghai, sold 28,138 China-made cars in China and exported 5,017 cars in June.\nIn May, Tesla sold 33,463 China-made cars.\nOn Thursday, Tesla launched Model Y cars with a standard driving range in China, lowering the starting price for the vehicle to 276,000 yuan ($42,588) in the world's biggest auto market.\nBYD sold 40,532 so-called new energy vehicles, which include battery electric and plug-in hybrid vehicles, last month in China. General Motors Co's venture with SAIC Motor sold 30,479 such cars.\nCPCA also said China sold 1.6 million passenger cars in June, down 5.3% from a year earlier.","news_type":1},"isVote":1,"tweetType":1,"viewCount":225,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149538827,"gmtCreate":1625734573669,"gmtModify":1703747394153,"author":{"id":"3576630348318622","authorId":"3576630348318622","name":"AlexO","avatar":"https://static.tigerbbs.com/b55c037b9b1cc3abf50280ef2553f142","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576630348318622","authorIdStr":"3576630348318622"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149538827","repostId":"2149345143","repostType":4,"repost":{"id":"2149345143","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1625733209,"share":"https://ttm.financial/m/news/2149345143?lang=&edition=fundamental","pubTime":"2021-07-08 16:33","market":"us","language":"en","title":"Oil prices continue to fall as OPEC+ uncertainty weighs","url":"https://stock-news.laohu8.com/highlight/detail?id=2149345143","media":"Reuters","summary":"* Saudi-UAE still at impasse, Russia steps in to rescue OPEC+ deal\n* U.S. 2021 crude output to fall ","content":"<p>* Saudi-UAE still at impasse, Russia steps in to rescue OPEC+ deal</p>\n<p>* U.S. 2021 crude output to fall less than previous forecast-EIA</p>\n<p>* Coming up: Weekly EIA inventory data at 1500 GMT</p>\n<p>LONDON, July 8 (Reuters) - Oil prices fell for a third day on Thursday amid uncertainty over supply after the collapse this week of talks among major producers which could potentially cause the current output agreement to be abandoned.</p>\n<p>Brent crude oil futures was down $1.11, or 1.5%, to $72.32 a barrel at 0821 GMT, while U.S. West Texas Intermediate futures were down $1.19, or 1.6%, at $71.01 a barrel. Both contracts were at their lowest in about three weeks.</p>\n<p>However, the six-month spread is still in backwardation with the front-month price higher than later months.</p>\n<p>\"This suggests that no immediate flooding of the market is anticipated,\" PVM analysts said in a note.</p>\n<p>Brent prices have fallen about $5 a barrel, or 6.4%, since Monday's close after talks between the Organization of the Petroleum Exporting Countries and its allies, including Russia, known as OPEC+, fell apart.</p>\n<p>Saudi Arabia refused demands from the United Arab Emirates to raise its output under the group's supply cut agreement which has restrained supply for more than a year.</p>\n<p>The group is maintaining nearly 6 million barrels per day (bpd) of output cuts and was expected to add to supply, but three days of meetings failed to close divisions between the Saudis and the Emiratis.</p>\n<p>Russia is trying to mediate between Saudi Arabia and the UAE to help strike a deal to raise oil output, three OPEC+ sources said on Wednesday.</p>\n<p>Concerns over the pandemic also weighed on prices, with Japan, the world's fourth-largest oil user, set to declare a state of emergency for the Tokyo area and South Korea reporting its highest ever daily COVID-19 cases.</p>\n<p>Prices found some support from a large drop in oil inventories in the United States.</p>\n<p>Oil stockpiles in the world's biggest oil user fell by 8 million barrels for the week ended July 2, according to two market sources, citing American Petroleum Institute figures.</p>\n<p>Government inventory data is due on Thursday, pushed back a day following the U.S. Fourth of July holiday on Monday.</p>\n<p>U.S. oil production declines this year are expected to lessen, with the Energy Information Administration <a href=\"https://laohu8.com/S/EIA\">$(EIA)$</a> saying on Wednesday that output will be 11.10 million bpd in 2021, higher than a previous forecast.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Oil prices continue to fall as OPEC+ uncertainty weighs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOil prices continue to fall as OPEC+ uncertainty weighs\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-08 16:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Saudi-UAE still at impasse, Russia steps in to rescue OPEC+ deal</p>\n<p>* U.S. 2021 crude output to fall less than previous forecast-EIA</p>\n<p>* Coming up: Weekly EIA inventory data at 1500 GMT</p>\n<p>LONDON, July 8 (Reuters) - Oil prices fell for a third day on Thursday amid uncertainty over supply after the collapse this week of talks among major producers which could potentially cause the current output agreement to be abandoned.</p>\n<p>Brent crude oil futures was down $1.11, or 1.5%, to $72.32 a barrel at 0821 GMT, while U.S. West Texas Intermediate futures were down $1.19, or 1.6%, at $71.01 a barrel. Both contracts were at their lowest in about three weeks.</p>\n<p>However, the six-month spread is still in backwardation with the front-month price higher than later months.</p>\n<p>\"This suggests that no immediate flooding of the market is anticipated,\" PVM analysts said in a note.</p>\n<p>Brent prices have fallen about $5 a barrel, or 6.4%, since Monday's close after talks between the Organization of the Petroleum Exporting Countries and its allies, including Russia, known as OPEC+, fell apart.</p>\n<p>Saudi Arabia refused demands from the United Arab Emirates to raise its output under the group's supply cut agreement which has restrained supply for more than a year.</p>\n<p>The group is maintaining nearly 6 million barrels per day (bpd) of output cuts and was expected to add to supply, but three days of meetings failed to close divisions between the Saudis and the Emiratis.</p>\n<p>Russia is trying to mediate between Saudi Arabia and the UAE to help strike a deal to raise oil output, three OPEC+ sources said on Wednesday.</p>\n<p>Concerns over the pandemic also weighed on prices, with Japan, the world's fourth-largest oil user, set to declare a state of emergency for the Tokyo area and South Korea reporting its highest ever daily COVID-19 cases.</p>\n<p>Prices found some support from a large drop in oil inventories in the United States.</p>\n<p>Oil stockpiles in the world's biggest oil user fell by 8 million barrels for the week ended July 2, according to two market sources, citing American Petroleum Institute figures.</p>\n<p>Government inventory data is due on Thursday, pushed back a day following the U.S. Fourth of July holiday on Monday.</p>\n<p>U.S. oil production declines this year are expected to lessen, with the Energy Information Administration <a href=\"https://laohu8.com/S/EIA\">$(EIA)$</a> saying on Wednesday that output will be 11.10 million bpd in 2021, higher than a previous forecast.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2149345143","content_text":"* Saudi-UAE still at impasse, Russia steps in to rescue OPEC+ deal\n* U.S. 2021 crude output to fall less than previous forecast-EIA\n* Coming up: Weekly EIA inventory data at 1500 GMT\nLONDON, July 8 (Reuters) - Oil prices fell for a third day on Thursday amid uncertainty over supply after the collapse this week of talks among major producers which could potentially cause the current output agreement to be abandoned.\nBrent crude oil futures was down $1.11, or 1.5%, to $72.32 a barrel at 0821 GMT, while U.S. West Texas Intermediate futures were down $1.19, or 1.6%, at $71.01 a barrel. Both contracts were at their lowest in about three weeks.\nHowever, the six-month spread is still in backwardation with the front-month price higher than later months.\n\"This suggests that no immediate flooding of the market is anticipated,\" PVM analysts said in a note.\nBrent prices have fallen about $5 a barrel, or 6.4%, since Monday's close after talks between the Organization of the Petroleum Exporting Countries and its allies, including Russia, known as OPEC+, fell apart.\nSaudi Arabia refused demands from the United Arab Emirates to raise its output under the group's supply cut agreement which has restrained supply for more than a year.\nThe group is maintaining nearly 6 million barrels per day (bpd) of output cuts and was expected to add to supply, but three days of meetings failed to close divisions between the Saudis and the Emiratis.\nRussia is trying to mediate between Saudi Arabia and the UAE to help strike a deal to raise oil output, three OPEC+ sources said on Wednesday.\nConcerns over the pandemic also weighed on prices, with Japan, the world's fourth-largest oil user, set to declare a state of emergency for the Tokyo area and South Korea reporting its highest ever daily COVID-19 cases.\nPrices found some support from a large drop in oil inventories in the United States.\nOil stockpiles in the world's biggest oil user fell by 8 million barrels for the week ended July 2, according to two market sources, citing American Petroleum Institute figures.\nGovernment inventory data is due on Thursday, pushed back a day following the U.S. Fourth of July holiday on Monday.\nU.S. oil production declines this year are expected to lessen, with the Energy Information Administration $(EIA)$ saying on Wednesday that output will be 11.10 million bpd in 2021, higher than a previous forecast.","news_type":1},"isVote":1,"tweetType":1,"viewCount":271,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}