{"id":2609,"date":"2021-12-09T13:08:00","date_gmt":"2021-12-09T13:08:00","guid":{"rendered":"https:\/\/energiesnet.com\/espanol\/?p=2609"},"modified":"2021-12-21T13:17:37","modified_gmt":"2021-12-21T13:17:37","slug":"u-s-oil-prices-settle-lower-thursday-ending-a-3-sessionstreak-of-gains","status":"publish","type":"post","link":"https:\/\/energiesnet.com\/espanol\/u-s-oil-prices-settle-lower-thursday-ending-a-3-sessionstreak-of-gains\/","title":{"rendered":"U.S. oil prices settle lower Thursday, ending a 3-session
streak of gains<\/strong>"},"content":{"rendered":"\n

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By Myra P. Saefong and Mark DeCambre \/ MarketWatch

SAN FRANCISCO
Petroleumworld 12 09 2021<\/p>\n\n\n\n

Oil futures settled lower Thursday, with the U.S. crude benchmark putting an end to a three-session streak of gains that had lifted prices to a two-week high a day earlier.<\/p>\n\n\n\n

Restrictions recently imposed in parts of the world to combat the omicron variant of coronavirus were being blamed for putting some pressure on energy demand and crude oil prices. U.K. Prime Minister Boris Johnson on Wednesday recommended remote work where possible and advocated mask-wearing in public venues.<\/p>\n\n\n\n

Countries including Denmark and China also have imposed some level of mobility restrictions to limit the spread of the contagion.<\/p>\n\n\n\n

A Japanese scientist found that the omicron variant is 4.2 times more transmissible in its early stage than the delta variant, according to a report from Bloomberg.<\/p>\n\n\n\n

Despite news that the variant may not be as destructive to oil demand as first feared, \u201cmore countries worldwide are reintroducing restrictions and other measures to curb climbing case numbers,\u201d said Louise Dickson, senior oil markets analyst at Rystad Energy, in daily market commentary. That raises \u201cfears that the global market may yet be adversely impacted, and consequently causing a bearish environment for oil prices.\u201d<\/p>\n\n\n\n

The measures are being imposed even as a report on Wednesday from Pfizer PFE, +1.32% and BioNTech SE BNTX, -2.65% said results from an \u201cinitial laboratory study\u201d showed that their COVID-19 vaccine neutralized the omicron variant of the coronavirus after three doses, or the full two-dose regimen plus a booster shot.<\/p>\n\n\n\n

West Texas Intermediate<\/strong> crude for January delivery CLF22, -0.30% CL.1, -0.30% fell $1.42<\/strong>, or 2%, to settle at $70.94<\/strong> on the New York Mercantile Exchange, after rising on Wednesday by 0.4% to end at the highest level since Nov. 24 for a most-active contract, marking a third straight daily gain.<\/p>\n\n\n\n

February Brent crude <\/strong>BRNG22, -0.34% BRN00, -0.50% declined by $1.40<\/strong>, or nearly 1.9%, to end at $74.42 a barrel on ICE Futures Europe. That followed a 0.5% rise for the global benchmark in the prior session, which helped it notch its fifth straight gain and its highest finish since Nov. 25. Thursday\u2019s loss marked the first session decline for Brent since Dec. 1, according to Dow Jones Market Data.<\/p>\n\n\n\n

Meanwhile, U.S. oil inventory reports also were still being parsed as investors weighed concerns about the virus against supply-demand fundamentals.<\/p>\n\n\n\n

The Energy Information Administration reported that U.S. crude inventories fell by a 200,000 barrels for the week ended Dec. 3. That marked a second weekly decline, but it was smaller fall than the 1.2 million-barrel decline that analyst polled by S&P Global Platts had estimated.<\/p>\n\n\n\n

EIA data also showed stocks in the U.S. Strategic Petroleum Reserve declined by 1.7 million barrels to 600.9 million barrels last week, while total domestic petroleum stocks inched up by 100,000 barrels to 11.7 million barrels per day. Crude stocks at the Cushing, Okla., Nymex delivery hub edged up by 2.4 million barrels for the week.<\/p>\n\n\n\n

In other Nymex dealings, prices for petroleum products ended lower, with January gasoline<\/strong> RBF22, -0.55% down 0.9% to $2.128 <\/strong>a gallon and January heating oil<\/strong> HOF22, -0.53% losing 0.5% to $2.25<\/strong> a gallon.<\/p>\n\n\n\n

Natural-gas futures briefly moved higher, then settled little changed, after the EIA on Thursday reported a third-straight weekly decline in U.S supplies of the commodity, down 59 billion cubic feet for the week ended Dec. 3. That compared with the average fall of 55 billion cubic feet forecast by analysts polled by S&P Global Platts.<\/p>\n\n\n\n

January natural gas <\/strong>NGF22, 1.15% settled at $3.814<\/strong> per million British thermal units, down a fraction of a cent for the session, following a 2.9% climb on Wednesday.<\/p>\n\n\n\n

______________________________________<\/p>\n\n\n\n

By Myra P. Saefong and Mark DeCambre \/ Market Watch

<\/a>marketwatch.com 12 09<\/a> 2021<\/p>\n\n\n\n

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Copyright \u00a91999-2021 Petroleumworld or respective author or news agency. All rights reserved.<\/p>\n\n\n\n

Petroleumworld.com Copyright \u00a92021 Petroleumworld.<\/p>\n","protected":false},"excerpt":{"rendered":"

By Myra P. Saefong and Mark DeCambre \/ MarketWatch SAN FRANCISCOPetroleumworld 12 09 2021 Oil futures settled lower Thursday, with the U.S. crude benchmark putting an end to a three-session streak of gains that had lifted prices to a two-week high a day earlier. Restrictions recently imposed in parts of the world to combat the …<\/p>\n

U.S. oil prices settle lower Thursday, ending a 3-session
streak of gains<\/strong><\/span> Leer m\u00e1s »<\/a><\/p>\n","protected":false},"author":1,"featured_media":2611,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":""},"categories":[45],"tags":[],"class_list":["post-2609","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-noticias-diarias"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t