0927 ET - Crude futures are lower after four straight sessions of gains in which tariff optimism played a role. Oil markets have underperformed equities, which appear to be putting trade worries behind them, in part as oil markets have the additional worry of OPEC+ supply increases, Callum Macpherson of Investec says in a note. "Any souring in market views on trade discussions could challenge the recent rally," he adds. Analysts note as bearish the API's report of a 4.3 million barrel build in U.S. crude stocks as the market awaits EIA data, and OPEC keeps its demand growth estimates for 2025 and 2026 at 1.3 million barrels a day and 1.28 million b/d, respectively. WTI is off 1% at $63.03 a barrel, and Brent is off 0.9% at $66.02 a barrel. (anthony.harrup@wsj.com)
(END) Dow Jones Newswires
May 14, 2025 09:28 ET (13:28 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。