Advertisement
New Zealand markets closed
  • NZX 50

    11,946.43
    +143.15 (+1.21%)
     
  • NZD/USD

    0.5939
    +0.0002 (+0.03%)
     
  • NZD/EUR

    0.5541
    -0.0005 (-0.09%)
     
  • ALL ORDS

    7,937.50
    -0.40 (-0.01%)
     
  • ASX 200

    7,683.00
    -0.50 (-0.01%)
     
  • OIL

    82.80
    -0.01 (-0.01%)
     
  • GOLD

    2,320.80
    -17.60 (-0.75%)
     
  • NASDAQ

    17,526.80
    +55.33 (+0.32%)
     
  • FTSE

    8,040.38
    -4.43 (-0.06%)
     
  • Dow Jones

    38,460.92
    -42.77 (-0.11%)
     
  • DAX

    18,088.70
    -48.95 (-0.27%)
     
  • Hang Seng

    17,308.17
    +106.90 (+0.62%)
     
  • NIKKEI 225

    37,818.11
    -641.97 (-1.67%)
     
  • NZD/JPY

    92.2840
    +0.1690 (+0.18%)
     

Oil Futures Spread: Bullish Sentiments Fall despite Tanker Attack

Oil Futures Spread: Bullish Sentiments Fall despite Tanker Attack

The decrease in the International Energy Agency’s demand growth forecast for 2019 and the expectation of a rise in the oil rig count might have dragged oil’s futures spread and prices.