Newspaper office of FX168 finance and economics (Hong Kong) dispatch Zhou Si (on April 2) beautiful city dish in, the president pushs the United States one piece of bright general to cause market a mighty uproar especially especially. Telangpu says, sand spy and Russia will alleviate to petrolic pressure, predict to will announce reduction of output 10 million reach 15 million pails, because this ends,one causes the price war that crude price drops considerably. After the message is transmitted, violent wind of oil price short line rises, among them Bulunte crude oil for a time cruel pull 45% . Suffer this effect, crude oil rise considerably, get go up US stock. Nevertheless, unemployed gold number is asked to break through at the beginning of the United States that announces in a few days 6.6 million, pneumonic epidemic situation still is in together with new coronal the United States and even global indulge in wilful persecution, make of the stock market go up situation suffer be restricted.
Is Telangpu's mediate successful? Oil price of end of price war hopeful hears the news violent wind rises
In a few days, american president Telangpu tells CNBC, sand spy and Russia will alleviate to petrolic pressure, end a price war that causes crude price to drop considerably, oil price violent wind rises later.
Bulunte crude oil futures rises shrink narrow to 20.7% , go up for a time before this exceed 45% ; Futures of WTI crude oil rises now 26.34% .
(beautiful oil takes situation picture 30 minutes, origin: FX168)
Telangpu Zhou Si says to the Joe Kernen of CNBC, he was mixed with Beijing of Russia president general yesterday sand spy crown prince understood a word, predict they will announce to cut output of 10 million pails of oil, most likelihood cuts down 15 million pails.
Telangpu is being pushed later go up especially say, general of reduction of output " very advantageous to oil and natural gas industry! " he is in Zhou Wu and energy industry tall canal holds what afore-mentioned opinion on public affairs publish before the conference.
(origin: Push special)
"This is welcome apparently. This will be in short-term inside get the welcome of the industry. Want surrive of virus of shape of this kind of coronal only, can arise everyday many superfluous produce can, " Dalasi couplet store chairman Kapulan expresses to CNBC.
"This will be very helpful. When we cast off this kind of virus, this will be particularly helpful, will accelerate time, hope petroleum supply and demand can restore a balance. But we still have very very long, long way to want from this target. People warning says, although the Saudi Arabia is mixed Russia the change that makes materiality, we also will cost a large number of time to solve serious supply surplus problem. We also will cost a large number of time to solve serious supply surplus problem..
Zhou Si, the Saudi Arabia passes orgnaization of its government news, gram of appeal Europe admire and its ally are held " urgent " the conference.
Although Zhou Si rises considerably, but because oil price is mixed in demand,supplied a respect to be pounded, WTI relatively on the month still dropped 40% above.
Erupt as coronal shape virus bring about global journey to stop, commercial activity puts delay, demand has evaporated, and this happens in the sources of energy to produce a country by chance during price war erupting between Saudi Arabia and Russia.
As a result of slow down in demand, with the Oupeike that the Saudi Arabia heads the month on the country offers to cut daily output 1.5 million pails. However, ally Russia of Ou Peike declines reduction in production, caused the price war between big country of these two the sources of energy. The measure of reduction of output before this already expired on March 31. Zhou San, the Saudi Arabia raises its oil yield 12 million record-breaking pails / day.
Demand and the concussion that supply a side already brought about oil price to steep fall. On March 6, prep above of American crude price 41 dollars / bucket.
American production business is to suffer all the time start one of the most serious trades, because the enterprise is in hard oil price is low balance of income and expenses of the implementation below confused condition. Zhou San, hui Tingshi oily company (the main shale oil that Whiting Petroleum) makes the United States announce the first times to go bankrupt produces business.
Zhou Wu, include Aikesen (Exxon) and Xue Folong (Chevron) inside at least 7 tall canals of tycoon of American the sources of energy will be in the White House and spy bright general meeting, discussion energy policy.
"Whose question is the biggest? Sand spy and Russia. Especially sand is special, " express in the report that Paul Sankey of analyst of lucky spic bank gives a client in. "They are in the speed burning money of this market, will extinct inside two years the reserve of 500 billion dollar. Will extinct inside two years the reserve of 500 billion dollar..
The Neil Beveridge of AB Bernstein expresses in a report: "After the consultative burst that reachs in Oupeike and Russia, fulfilling the commitment that increases oil export especially dene. What we predict the 2nd quarter is new add inventory to will reach unprecedented level, this may be taken an examination of check is onshore produce with maritime crude oil can the limit. This may be taken an examination of check is onshore produce with maritime crude oil can the limit..
A few people point out very quickly, although reached an agreement, can't offset demand destroys brought supply possibly also superfluous.
Nevertheless, the challenge depends on supplying the serious level of surplus problem. Market of Rystad Energy oil is in charge of Bjornar Tonhaugen to say, "Saudi Arabia and Russia won't singles fights the ground alone its (country) oil output cuts an in part (5 million pails / day) , in order to save the 1000-1200 that next year the 2nd season balances the market to may need 10 thousand pails / the upper reaches of day is shut produce can. In order to save the 1000-1200 that next year the 2nd season balances the market to may need 10 thousand pails / the upper reaches of day is shut produce can..
His complement says: "We believe, each just will agree to continue to discuss at most and monitoring market situation. Each just will agree to continue to discuss at most and monitoring market situation..
Zhou Si, the word that has public figure of media cite know the inside story says, china will begin to buy oil to serve as urgent reserve, this also drove crude price rise.
Telangpu says sand spy and Russia makings will announce reduction of output, concussion of 6.6 million US stock is broken through to rise please first
Zhou Si of American stock market rises in trading queasily, because people anticipates Saudi Arabia and Russia will alleviate the pressure of oil market, bring about oil price to rise.
Beautiful city is early dish, dow Jones index rises 280 a little bit, go up 1.3% . 500 indexes of standard general Er rise more than 1% , na Sida overcomes aggregate index to rise 0.9% . Some earlier that day moment, dow Jones index rises more than 500 a little bit for a time.
(show 30 minutes take situation picture, origin: FX168)
Zhou Si, price of American WTI crude for a time violent wind rises even more 30% , regain 25 dollars / bucket upper part. Before this, american president Telangpu tells the Joe Kernen of CNBC, he and Beijing of Russia president general and sand are special Ben Saleman undertook · of crown prince Mohammed chat, compensatory say, his predicting two countries restricts reduction in production 10 million pails.
Telangpu is being pushed subsequently go up especially released he and general Beijing and Mohammed · Ben Saleman's dialog.
As a result of the oil price influence to other money market, the member that trade is paying close attention to oil price closely all the time. Crude oil loss is such big, so that investor must sell other asset,will offset their loss in crude oil respect. In addition, the oil price of 63% drops to harming the interest of industry of American shale oil this year, and the one big impetus that this industry is American economy and obtain employment.
Xue Folong (Chevron) and dust gram Sen Meifu (Exxon Mobil) is to two stocks that show expression is best, rise respectively 11.9% with 9.7% . Mark general 500 indexes get board of the sources of energy piece rise of 11.4% drive. Studied austere unemployed data carefully as a result of investor, the stock market is in early dish when expression not beautiful.
American Ministry of Labour is announced, became on March 28 6.648 million person applies unemployment benefit, achieve a record. Economist predicts, as shut relevantly with coronal shape virus spread in American each district, still can 4 million apply for unemployed gold to 5 million worker last week. Estimation is as high as 9 million.
Peter Boockvar of officer of presiding investment of Bleakley Advisory Group expresses, "The news is very bad, I do not know two weeks why to go beforehand appraise can have so big error, but we know a circumstance to have much in a wretched state. Only question is it seems that when dot. Nod when this blamed curve bent that is to say, we decide to turn to the dot when restoring what the life plans as a society, guaze mask also is included. Guaze mask also is included..
The stock market trades afore day drops considerably. Zhou San, suffer Telangpu the influence of opinion on public affairs, main point to all drop more than 4% . Telangpu expresses, the United States should is " two weeks of very special anguish " prepare. Official of the White House predicts, the United States will have 100 thousand to die at this kind of virus to 240 thousand person.
Library of governor of new York state not (Andrew Cuomo) Zhou San still says, the model of this city predicts the mortality July will be very tall.
"(mark general 500) proves without wasteful time, a new month and a quarter won't change us to become such recently habitual fluctuation, " Frank Cappelleri of Instinet executive trustee expresses.
Coronal shape virus erupts bring about global market to be in issue defeat considerably first quarter, still answer economy to will be shut in effort in investor how long uncertainty during, it continues to become the against the wind of the market.
Since this year, of main stock drop on average all exceed 20% , be in region of ursine urban district.
"Although we had not seen the news that announces to cut dividend, but American enterprise may face the prospect that reduces group interest, " life of new York person (investment of multiple capital of New York Life Investments) combines politic division Lauren Goodwin to express.
"Because income is attacked by heavy retype, enterprise may first consideration employee, reduce loan burden, is not to pay dividend. This may bring a risk to the stock market. The market may be digested temporarily (1-2 season) the message that reduces group interest, but longer cut down a likelihood to bring about negative person to enrage. But longer cut down a likelihood to bring about negative person to enrage..
According to Yaohanhuopujinsi the data of the university, the whole world already the case of illness of coronal shape virus of diagnose exceeds 950 thousand, only the United States has 216 thousand.
Bostonian couplet store Sen Gelun Zhou San says chairman collect, congress must publish more possibly to stimulate measure, in order to help the person that those are in economic pedigree low end, carry brace up small company.
He says, unemployment rate is probable " in future in a few months rise quickly " , before coronal shape virus gets controlling, pecuniary loss won't be reduced. His say, "I think, suit afresh in people before taking public traffic, we won't have a favourable turn. We won't have a favourable turn..
