男女羞羞视频在线观看,国产精品黄色免费,麻豆91在线视频,美女被羞羞免费软件下载,国产的一级片,亚洲熟色妇,天天操夜夜摸,一区二区三区在线电影
   

Fuel oil futures price records

By Wang Lan (China Daily)
Updated: 2007-10-20 10:18

Fuel oil futures contracts were pushed up high by the surging crude oil prices in the global market.

Prices of fuel oil futures for delivery in November on Shanghai Futures Exchange, SHFE, rose 0.51 percent to close at 3,723 yuan per ton on Friday. In the past several days, the fuel oil futures price has jumped a total of 2.8 percent, hitting the record high of 3,770 yuan on Tuesday.

Related readings:
Fuel oil futures trading robust

After climbing an aggregate 10 percent in a week, the benchmark crude oil futures price on the New York Mercantile Exchange yesterday surged to a record high of $90.02 a barrel before falling back slightly to $89.28.

Traders attributed the latest price hike to renewed worries about widening supply gap and the further devaluation of US dollars.

Analysts said the worry about the declining stockpile of crude oil in world markets has intensified. Nagging Middle East tensions continued to support the upward trend and the further devaluation of US dollars drove the price beyond the $90 psychological barrier for the first time.

Cai Lei, an analyst at Great Wall Futures Co, said an increasing chunk of hedge funds capital have began to seek refuge by buying crude oil, as the US dollar was expected to continue to decline. "The increasing need for heating oil as the winter approaches also help lift the oil prices," Cai added.

"The rising trend of crude oil will continue to be reflected in the fuel oil futures price on SHFE, as the domestic market is closely keeping pace with the global one," said Lin Hui, an analyst at a futures company of Orient Securities. But analysts said fuel oil futures in the domestic market would not see wide fluctuations because the prices of spot fuel oil products are controlled by the government.

It is widely expected by analysts that fuel oil futures in domestic market to hover around 3,700 yuan per ton in coming days.

Some analysts also expected that there would be a recovery in refining capacity in the global market, as world refiners are trying to bring new plants in operation next year. This could mitigate the increase in the prices of fuel oil and other downstream products, analysts said.


(For more biz stories, please visit Industry Updates)



主站蜘蛛池模板: 绩溪县| 凌海市| 青岛市| 化德县| 通榆县| 亚东县| 肃北| 同德县| 石家庄市| 定边县| 赫章县| 浮山县| 通海县| 广汉市| 夹江县| 恩平市| 喀喇| 巫山县| 威远县| 留坝县| 万山特区| 长泰县| 深泽县| 汉寿县| 阿拉善右旗| 涞水县| 陆川县| 额尔古纳市| 新平| 斗六市| 靖边县| 清镇市| 南澳县| 莱阳市| 盘锦市| 都昌县| 鸡西市| 石棉县| 平和县| 延边| 图们市| 个旧市| 宝清县| 宁化县| 禹州市| 锦屏县| 玛沁县| 佛学| 应用必备| 邯郸市| 夹江县| 育儿| 林州市| 象州县| 洛南县| 广宁县| 饶阳县| 富锦市| 邵武市| 措美县| 新泰市| 绥江县| 新竹市| 祥云县| 许昌市| 鹤峰县| 垫江县| 汪清县| 呼伦贝尔市| 新泰市| 策勒县| 通辽市| 聂荣县| 大兴区| 汕尾市| 集贤县| 海安县| 临夏市| 法库县| 宝坻区| 五原县| 三原县|