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Brent crude futures gain as much as 2% on Oct 7 and Oct 8, above $102 a barrel

🇨🇳 China 21:28 Energía Empresas3 Tecnología actualizado hace 3 d primera información de 第一财经

En breve

Brent crude futures widened their gains to 1% and then 2% on October 7, reaching $102.59 a barrel, CLS and Jiemian reported. On October 8 the futures again rose 1% and then 2%, with CLS quoting $102.271 a barrel and Yicai also reporting the 2% gain.

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Brent crude futures widened their gain to 1% on October 7, trading at $101.581 a barrel, CLS reported; Jiemian gave the price as $101.58. Later that day both outlets reported the gain had widened to 2%, with the price at $102.59 a barrel. [ 1 , 2 , 3 , 4 ]

The pattern repeated on October 8. CLS reported a 1% gain at $101.218 a barrel in the morning, and later a 2% gain at $102.271 a barrel. Yicai also reported the 2% gain that day but gave no price. None of the reports gives a reason for the rise. [ 5 , 6 , 7 ]

Por qué importa

Three Chinese business outlets carried the moves as short market flashes over two consecutive days, with every quoted price above $101 a barrel. The reports give no cause for the rise and no comment on its effects.

Datos clave

  • On October 7 Brent crude futures widened their gain to 1%, at about $101.58 a barrel. [ 1 , 2 ]
  • Later on October 7 the gain widened to 2%, at $102.59 a barrel. [ 3 , 4 ]
  • On October 8 Brent crude futures widened their gain to 1%, at $101.218 a barrel, CLS reported. [ 5 ]
  • Later on October 8 the gain widened to 2%. [ 6 , 7 ]
  • CLS quoted the October 8 price at the 2% gain as $102.271 a barrel. [ 6 ]

Confirmado por varias fuentes

  • Brent crude futures widened their gain to 1% on October 7, at about $101.58 a barrel. [ 1 , 2 ]
  • Brent crude futures widened their gain to 2% on October 7, at $102.59 a barrel. [ 3 , 4 ]
  • Brent crude futures widened their gain to 2% on October 8. [ 6 , 7 ]

Aún sin aclarar

  • Why Brent crude futures rose on October 7 and October 8. None of the reports gives a reason for the moves.
  • The October 8 prices of $101.218 and $102.271 a barrel. Only CLS gives these figures; Yicai reported the 2% gain without a price.

Qué dicen los medios locales

Medios económicosCLS, Jiemian and Yicai ran brief market flashes reporting the size of the gain and, in most cases, the price per barrel, without explanation or comment. [ 1 , 2 , 3 , 4 , 5 , 6 , 7 ]

Cronología, hora local

  1. October 7: CLS reports Brent futures up 1% at $101.581 a barrel. [ 1 ]
  2. October 7: Jiemian reports the 1% gain at $101.58 a barrel. [ 2 ]
  3. October 7: CLS reports the gain widening to 2%, at $102.59 a barrel. [ 3 ]
  4. October 7: Jiemian reports the 2% gain at $102.59 a barrel. [ 4 ]
  5. October 8: CLS reports Brent futures up 1% at $101.218 a barrel. [ 5 ]
  6. October 8: CLS reports the gain widening to 2%, at $102.271 a barrel. [ 6 ]
  7. October 8: Yicai reports the 2% gain. [ 7 ]