Oil Prices Rebound in New York Trading Friday
时间：2019-01-04 作者：英语课 分类：VOA2003（上）-国际时讯
Crude oil prices rebounded 2 this week in New York to post their biggest gain in a year with the contract for May delivery closing at just over $30 a barrel. The 12 percent rise in oil this week is tied to a belief that the Iraq war will last longer than first expected.
Oil traders say it will be longer than had been expected before Iraqi crude is again flowing onto world markets. In just five days the oil price has rebounded from $25 a barrel back to $30. And there is 1)caution about future price trends.
Equity 3 markets moved in the opposite direction. The war rally that began in mid-March came to an abrupt 4 halt. This week the Dow Jones Industrials were down four days out of five and the index lost 4 percent on the week.
Art Cashin is the floor trader at Paine Webber in New York, he says the celebratory rally turned into an Iraq 2)paralysis 5.
"Over the weekend we found out that the war turned out to be less unconventional then had been put forth 6. And I think that brought everybody back to bear. Obviously, there was concern about seeing prisoners of war. So we had 225 rally (3-21) that by Monday turned into a 325 point selloff (3-24). And since then we've had this kind of internal debate. We have an Iraq paralysis going on," Mr.Cashin spoke 7 on CNBC television,
The dollar was battered 8 on world currency markets, enduring its biggest weekly loss against the euro in eight months. The euro rose to just under one dollar eight cents. The dollar lost nearly 3 percent against the euro, the currency used by 12 West European nations.
Barry Wood VOA News, Washington.
1. caution [5kC:FEn]n.小心, 谨慎, 警告
2. paralysis [pE5rAlisis]n.瘫痪, 麻痹
- It was not the custom for elderly people to mar the picnics with their presence.大人们照例不参加这样的野餐以免扫兴。
- Such a marriage might mar your career.这样的婚姻说不定会毁了你的一生。
- The ball rebounded from the goalpost and Owen headed it in. 球从门柱弹回，欧文头球将球攻进。
- The ball rebounded from his racket into the net. 球从他的球拍上弹回网中。
- They shared the work of the house with equity.他们公平地分担家务。
- To capture his equity,Murphy must either sell or refinance.要获得资产净值，墨菲必须出售或者重新融资。
- The river takes an abrupt bend to the west.这河突然向西转弯。
- His abrupt reply hurt our feelings.他粗鲁的回答伤了我们的感情。
- The paralysis affects his right leg and he can only walk with difficulty.他右腿瘫痪步履维艰。
- The paralysis affects his right leg and he can only walk with difficulty.他右腿瘫痪步履维艰。
- The wind moved the trees gently back and forth.风吹得树轻轻地来回摇晃。
- He gave forth a series of works in rapid succession.他很快连续发表了一系列的作品。
- They sourced the spoke nuts from our company.他们的轮辐螺帽是从我们公司获得的。
- The spokes of a wheel are the bars that connect the outer ring to the centre.辐条是轮子上连接外圈与中心的条棒。