|2020-03-11 来源： 中国石化新闻网|
洪伟立 摘译自 Trend
Oil prices bounce 7% after rout on stimulus hopes
Oil prices bounced back 7% on Tuesday from the biggest one-day rout in nearly 30 years.
Brent crude futures rose $2.51, or 7.3%, to $36.87 a barrel by 0418 GMT, while U.S. West Texas Intermediate (WTI) crude gained $2.15, or 6.9%, to $33.28 a barrel.
Trading volumes in the front-month for both contracts hit record highs in the previous session after a three-year pact between Saudi Arabia and Russia and other major oil producers to limit supply fell apart on Friday.
Asian shares bounced and bond yields rose from historic lows as speculation of coordinated stimulus from global central banks and governments calmed panic selling.
Crude was also supported by hopes for a settlement and potential U.S. output cuts, although gains could be temporary as oil demand continues to be hit by the economic impact of the coronavirus outbreak, analysts said.
Saudi Arabia plans to boost its crude output above 10 million barrels per day (bpd) in April from 9.7 million bpd in recent months, and has slashed its export prices to encourage refiners to buy more.
Russia, one of the world’s top producers alongside Saudi Arabia and the United States, also said it could lift output and that it could cope with low oil prices for six to 10 years.
U.S. shale producers rushed to deepen spending cuts and could reduce production after OPEC’s decision to pump full bore into a global market hit by shrinking demand.