|2020-03-18 来源： 中国石化新闻网|
邹勤 摘译自 路透社
Oil prices jump $1 as sharp falls draw investors, bargain buyers
Oil rose more than $1 on Tuesday as bargain hunters emerged after recent sharp falls due to the coronavirus pandemic and the price war between Saudi Arabia and Russia, but fears of a recession still dragged on the market.
Brent crude LCOc1 was up by 1.8%, or 55 cents, to $30.60 a barrel by 0410 GMT, after hitting a high of $31.25.
U.S. West Texas Intermediate (WTI) crude CLc1 rose 3.7%, or $1.06, to $29.76, having come off a high of $30.21.
“Presumably, the market is getting supported by physical bargain hunters and short covering,” said Stephen Innes, chief markets strategist at AxiCorp.
The United States has said it will take advantage of low oil prices to fill its Strategic Petroleum Reserve (SPR), and other countries and companies are planning similar measures to fill storage tanks.
Saudi Aramco (2222.SE) has said it would likely carry over its planned higher oil output for April into May, and that it was “very comfortable” with an oil price of $30 a barrel.