邹勤 摘译自 彭博社
Oil Futures Rebound Masks Strain on Plunging Physical Market
Oil futures advanced amid a broader bounce across financial markets while the price of actual crude plummeted to near $15 a barrel.
Futures climbed 5% in New York as U.S. equity futures edged higher and stocks in Asia pared losses with investors showing signs of getting back into riskier assets, but the physical oil market continued to show deepening strain.
Dated Brent, the benchmark for two-thirds of the world’s real oil supply, was assessed at $15.135 on Wednesday, the lowest level since 1999, according to traders. Across regions in the U.S. and Canada crude has slipped below $10, while some grades have posted negative prices.
The market remains volatile as consumption globally weakens with many countries tightening restrictions on activity to mitigate the spread of the outbreak. Top independent trader Vitol SA said demand will be destroyed by as much as 30 million barrels a day in April, while some Indian refiners are seeking to push back deliveries of crude.
West Texas Intermediate for May delivery rose $1.01 to $21.32 a barrel on the New York Mercantile Exchange as of 12:41 p.m. Singapore time. The contract fell 0.8% on Wednesday. Brent crude for June settlement added 6% to $26.23 on the ICE Futures Europe exchange.
American inventories jumped 13.8 million barrels last week, the biggest increase since 2016, and stockpiles at the nation’s largest storage hub in Cushing, Oklahoma, also piled up for a fourth week, according to government data. Gasoline demand plummeted to its all-time low.