皇冠管理端登3网站:Oil price below US$95\/bbl as EU tweaks Russian oil sanctions
U.S. West Texas Intermediate crude (WTI) CLc1 settled $1.65, or 1.7%, lower at $94.70 a barrel, while Brent crude LCOc1 futures fell 66 cents, or 0.6%, to $103.20.新2足球信用平台出租（www.hg108.vip）是皇冠（正网）接入菜宝钱包的TRC20-USDT支付系统，为皇冠代理提供专业的网上运营管理系统。系统实现注册、充值、提现、客服等全自动化功能。采用的USDT匿名支付、阅后即焚的IM客服系统，让皇冠代理的运营更轻松更安全。
SINGAPORE: US. crude prices settled below US$95 a barrel for the first time since April in choppy trading on Friday after the European Union said it would allow Russian state-owned companies to ship oil to third countries under an adjustment of sanctions agreed by member states this week.
U.S. West Texas Intermediate crude (WTI) CLc1 settled $1.65, or 1.7%, lower at $94.70 a barrel, while Brent crude LCOc1 futures fell 66 cents, or 0.6%, to $103.20.
WTI closed lower for the third straight week, pummelled over the past two sessions after data showed that U.S. gasoline demand had dropped nearly 8% from a year earlier in the midst of the peak summer driving season, hit by record prices at the pump.
In contrast, signs of strong demand in Asia propped up the Brent benchmark, which settled higher for the first time in six weeks.
Trading in oil futures has been volatile in recent weeks as traders try to reconcile possibilities of further interest rate hikes that could cut demand against tight supply from the loss of Russian barrels.
Russian state-owned companies Rosneft and Gazprom will be able to ship oil to third countries in a bid to limit the risks to global energy security.
Under tweaks to sanctions on Russia that came into force on Friday payments related to purchases of Russian seaborne crude oil by EU companies would not be banned.,
"Short term that definitely is a negative headline that probably gave us a little bit of a sell-off here," said Phil Flynn, an *** yst at Price Futures group.
The EU announcement comes after Russian Central Bank Governor Elvira Nabiullina said it will not supply crude to countries that decide to impose a price cap on its oil and instead redirect it to countries which are ready to "cooperate" with Russia.
"Perceptions are growing that the U.S. and EU will implement price caps on Russian oil by year end," said Dennis Kissler, senior vice president of trading at BOK Financial.
"Past history shows that government-induced price caps on commodities are usually short lived and can result in exaggerated prices soon after," he added.
Prices, however, were held back by worries of interest rate hikes that could slash demand and the resumption of some Libyan crude oil output.
Libya's oil production is at more than 800,000 barrels per day (bpd) and will reach 1.2 million bpd by next month, the Libyan oil ministry said.
Iraq has the capacity to increase its oil production by 200,000 bpd this year if asked, an executive of Iraq's Basra Oil Co said.
U.S. oil rigs, an early indicator of future output, remained steady at 599 this week, according to data from energy services firm Baker Hughes.