抖阴短视频

LONDON: Oil slipped on Monday but still held close to its highest since early February, supported by comments from 抖阴短视频 that it would continue to curb shipments in line with the OPEC-led effort to cut global supplies.
Brent crude was down 17 cents at $67.14 a barrel at 1258 GMT, after rising almost 4 percent last week. US West Texas Intermediate crude was down 3 cents at $63.52 a barrel after rising 3 percent last week.
Both contracts earlier rose to their highest since Feb. 7.
A cold snap across Europe has encouraged some refiners to delay maintenance, which could support demand and help end a mild bout of profit-taking, analysts said.
鈥淭here is a bit of a bearish twinge to everything ... but we believe in the second half (of the year), you鈥檒l see demand pull the market back up again,鈥� Natixis oil analyst Joel Hancock said.
鈥淥ur view is demand will be strong enough, but we don鈥檛 see a big breakout,鈥� he said, adding the expected a price in the range of $60 to $70 this year.
Prices drew some support from Saudi Energy Minister Khalid Al-Falih, who on Saturday said the country鈥檚 crude production in January-March would be well below output caps, with exports averaging less than 7 million barrels per day.
He said 抖阴短视频 hoped OPEC and its allies would be able to relax output curbs next year and create a permanent framework to stabilize oil markets after the current agreement on supply cuts ends this year.
鈥淎 study is taking place and once we know exactly what balancing the market will entail, we will announce what is the next step. The next step may be easing of the production constraints,鈥� he told reporters in New Delhi.
鈥淢y estimation is that it will happen sometime in 2019. But we don鈥檛 know when and we don鈥檛 know how.鈥�
US energy firms added one oil rig last week, the fifth weekly increase in a row, bringing the total count up to 799, the highest since April 2015, Baker Hughes energy services firm said on Friday.
Hedge funds and money managers upped their bullish wagers on US crude oil for the first time in four weeks, data showed on Friday.
Meanwhile, Libya鈥檚 National Oil Corp. said on Saturday it had declared force majeure on the 70,000 bpd El Feel oilfield after a protest by guards closed the field.