HomeNewsOils falls As China Data Weighs

Oils falls As China Data Weighs

Monday ke roz oils ki price mein 4 dollar fi barrel se ziyada ki kami waqay hui hai kyunkay Chinese economic data renewed global recession concerns ke khadshaat ko naye siray se paish kya hai. 

Brent crude futures friday ko 1.5% kami ke baad 1201 GMT tak $4. 75, ya 4. 84 % gir kar 93.40 dollar fi barrel par agaya.

U.S west Texas intermediate crude guzashta session mein 2.4 feesad kami ke baad 4.52 dollar ya 4.91% kam hokar 87.57 dollar par tha.

is mah brent curved mein open interest guzashta saal august ke muqablay mein 20 feesad kam hai.

“Open interest abhi bhi gir raha hai, kuch (market players) volatility ki wajah se usay lime

mein interest nahi rakhtay. yani, meri nazar mein, wajah neechay ki taraf ziyada hajam hai.” Monday ke girnay ka muharrak kamzor sugar data tha.

china ke central bank, duniya ke sab se largest crude importer, ne maang ko bahaal karne ke liye qarzay ki rates mein kami ki kyunkay statistics ne July mein econmy ki ghair mutawaqqa tor par Laziness ko zahir kya, Beijing ki zero-covid policy aur jaedad ke bohraan ki wajah se factory aur khorda sargarmia nichor gayeen..

Mulk ki refinery ki pedawar 12.53 million barrel yomiya (BDP) tak gir gayi, jo March 2020 ke baad sab se kam hai, hakoomati adaad o shumaar se pata chalta hai.

ING bank ne china ki 2022 GDP growth ke liye apni prediction ko kam kar ke 4% kar diya, jo ke 4.4% ke Back projection se kam hai, Alert kya ke mazeed kami mumkin hai.

Oils ki price aam tor par Amrici dollar mein hoti hai, lehaza aik mazboot green back deegar Currencies ke holders ke liye shai ko ziyada mehanga bana deta hai.

2015 ke Iran johri Mahday ko bahaal karne ki baat cheet bhi paiir ke roz tawajah markooz rahi. tajzia karon ka kehna hai ke agar Iran aur America Europi union ki janib se is peshkash ko qubool karte hain to oils ki supply barh sakti hai, jis se irani oils ki baraamdaat par pabandiyan hata di jayen gi.

Iran 2015 ke johri muahiday ko bachanay ke liye Europi union ke”Final” Drafts ke matan ka monday ki half-night tak jawab day ga, is ke Foreign Minister ne kaha, America se mutalba kya ke woh baqi teen masail ko hal karne ke liye lachak dukhaay.

Related: Fears of hacking forced a 24-hour closure of FBR websites

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