The Korea Times close
National
  • Politics
  • Diplomacy
  • Defense
  • Labor & Environment
  • Law & Crime
  • Health & Welfare
  • Embassy
  • Seoul & Provinces
  • Education
  • Foreign Communities
  • Obituaries
  • Multicultural Youth Award
Biz & Tech
  • Auto
  • IT
  • Game
  • Manufacturing
  • Retail & Food
  • Energy
  • Construction
  • Airlines
Finance
  • Policies
  • Economy
  • Markets
  • Banks
  • Non-banks
  • Economic Essay Contest
Opinion
  • Editorial
  • Columns
  • Thoughts of the Times
  • Cartoon
  • Today in History
  • Blogs
  • Tribune Service
  • Blondie & Garfield
  • Letter to the Editor
Lifestyle
  • Arts
  • Books
  • Travel & Cuisine
  • Trend
  • Fashion
  • Around Town
  • Fortune Telling
Entertainment
  • K-pop
  • K-dramas & Shows
  • Movies
  • Music
  • Performances
  • Asia Model Festival
Sports
  • Football
  • Golf
  • Baseball
  • Other Sports
World
  • Asia Pacific
  • Americas
  • Europe & Africa
  • SCMP
Video
  • On the Spot
  • Feature
  • News
Photos
  • Photo News
  • Darkroom
Community
  • The Korea Times
  • search
  • Site Map
  • E-paper
  • Subscribe
  • Register
  • LogIn
search close
  • The Korea Times
  • search
  • Site Map
  • E-paper
  • Subscribe
  • Register
  • LogIn
search close
  • National
  • World
  • Business
  • Lifestyle
  • Culture
  • Dear Abby
  • Editorial
  • Football Inside
  • Hackers Toeic
Tue, January 26, 2021 | 06:21
World
Oil crashes after Saudi declared price war
사우디아라비아의 '유가 전쟁'으로 국제 유가 대폭락
Posted : 2020-03-11 17:48
Updated : 2020-05-23 10:32
Mail
Print Preview
Font Size Up
Font Size Down
A Kuwait trader checks stock prices at Boursa Kuwait in Kuwait City, Sunday. /AFP
A Kuwait trader checks stock prices at Boursa Kuwait in Kuwait City, Sunday. /AFP
[코리아타임스 외신 읽기]


TOKYO (Reuters) ― Oil prices plummeted around 30 percent on Monday, with U.S. oil heading for its biggest loss on record, after Saudi Arabia slashed prices and set plans for a dramatic increase in crude production in April.

사우디아라비아가 4월 원유 가격을 인하하고 원유 생산량 증가 계획을 세운 이후, 국제 유가는 월요일 30% 가량 급락했고 미국산 원유도 역사적인 하락 폭을 보였다.


Prices fell by as much as a third following Saudi Arabia's move to start a price war after Russia balked at making the further steep output cuts proposed by OPEC to stabilize oil markets hit by worries over the global spread of the coronavirus.

코로나바이러스의 세계적 확산 우려로 타격을 입은 원유 시장을 안정시키기 위해 석유수출기구 OPEC이 제안한 추가 감산안에 러시아가 합의하지 않자, 사우디아라비아가 가격 전쟁에 나섰고 이에 원유 가격은 3분의 1이나 하락했다.


Brent crude futures were down $13.29, or 29 percent, at $31.98 a barrel by 0433 GMT, after earlier dropping to $31.02, their lowest since Feb. 12, 2016.

브렌트유 선물 가격은 2016년 2월 12일 이후 최저치인 31.02달러까지 하락한 뒤 이날 오전 4시 33분(그리니치표준 •GMT) 배럴당 31.98달러에 거래됐다.


Brent futures are on track for their biggest daily decline since Jan. 17, 1991, at the start of the first Gulf War.

브렌트유 선물은 제1차 걸프전이 발발한 1991년 1월 17일 이후 일일 최대 하락 폭을 보이고 있다.


U.S. West Texas Intermediate (WTI) crude fell by $13.29, or 32 percent, to $27.99 a barrel, after touching $27.34, its lowest since Feb. 22, 2016.

미국 서부텍사스산 원유(WTI)는 배럴당 32% (13.29달러) 하락한 27.99달러로 2016년 2월 22일 이후 최저가를 기록했다.


The U.S. benchmark is potentially heading for its biggest decline on record, surpassing a 33 percent fall in January 1991.

미국산 원유(WTI)는 1991년 1월의 33% 하락을 넘어 사상 최대의 하락세를 향해 가고 있다.


I think all forecasts are out the window," said Jonathan Barratt, chief investment officer at Probis Securities in Sydney. "It seems like a race to the bottom to secure order(s)."

시드니에 있는 프로비스증권의 조너선 배럿은 "모든 예측이 빗나간 것 같다"며 "시장 질서를 바로잡기 위해 바닥치기 경쟁 중으로 보인다"라고 설명했다.



코리아타임스위클리 - 지미홍 편집장
"시사와 영어를 한 번에"
Korea Times Weekly

☞ 언제 어디서나 '영어+한글'로 'WORLD NEWS' 읽기
■ 모바일: m.koreatimes.co.kr/weekly.htm


Emailjiminhong@koreatimes.co.kr Article ListMore articles by this reporter









 
WooriBank
 
  • Police demand $100,000 from parents for daycare CCTV access
  • Salaried foreign workers should file year-end tax settlements by February
  • Court allows imports of life-size sex dolls
  • New virus cases over 400 again on large-scale cluster infection
  • SK, Geely to form ties on hydrogen business
  • Households' food expenses surge amid pandemic
  • COVID-19 transmission from human to animal prompt concerns
  • Owners of fierce dogs required to have insurance policy from next month
  • Korea aims to vaccinate 70% of population by September
  • Justice Party's epic fall from grace
  • Rapper Iron found dead Rapper Iron found dead
  • Hyun Bin thanks Son Ye-jin after winning grand prize at 2020 APAN Star Awards Hyun Bin thanks Son Ye-jin after winning grand prize at 2020 APAN Star Awards
  • Is Konglish dealing blow to K-pop's reputation? Is Konglish dealing blow to K-pop's reputation?
  • K-pop female artists heat up competition in chart race with comebacks this month K-pop female artists heat up competition in chart race with comebacks this month
  • EXO's D.O. discharged from military service EXO's D.O. discharged from military service
DARKROOM
  • Biden takes office as 46th president

    Biden takes office as 46th president

  • Biden-Harris inauguration is taking shape

    Biden-Harris inauguration is taking shape

  • Second Trump impeachment

    Second Trump impeachment

  • Pro-Trump rioters breach the US Capitol

    Pro-Trump rioters breach the US Capitol

  • Our children deserve better (Part 2)

    Our children deserve better (Part 2)

WooriBank
  • About Korea Times
  • CEO Message
  • Times History
  • Content Sales
  • Media Kit
  • Contact Us
  • Location
  • Privacy Statement
  • Terms of Service
  • Mobile Service
  • RSS Service
  • Ombudsman
  • hankookilbo
  • Dongwha Group
  • Code of Ethics
Copyright