Saturday, 18 August 2018
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Oil Trades Near $67 as Russia, Saudi Discuss OPEC Pact in Moscow
Thursday, 14 June 2018 18:58 WIB | ENERGY |Minyak WTIbrent oilOil,Crude Oil

Oil steadied just below $67 a barrel as Saudi Arabia and Russia began discussions on how to proceed with a global pact to balance crude markets.

Futures in New York were little changed after a 1.4 percent increase in the past three sessions. Saudi Energy Minister Khalid Al-Falih said Thursday he expectsOPEC to reach a deal to gradually boost output, following talks with his Russian counterpart in Moscow last night. In the U.S., government data showed crudestockpiles declined by 4.14 million barrels last week, while in Libya armed clashes halted oil loadings at the country™s biggest port.

West Texas Intermediate crude for July delivery traded at $66.77 a barrel on the New York Mercantile Exchange, up 13 cents, at 10:58 a.m. London time. The contract climbed 28 cents to $66.64 on Wednesday. Total volume traded Thursday was about 24 percent below the 100-day average.

Brent futures for August settlement traded at $76.49 a barrel on the London-based ICE Futures Europe exchange, down 25 cents. The contract advanced 86 cents on Wednesday. The global benchmark crude traded at a $9.88 premium to WTI for the same month.

Source : Bloomberg

RELATED NEWS
Oil's on Its Longest Losing Run Since 2015 on Turmoil and Supply...
Friday, 17 August 2018 14:07 WIB

Minyak menuju penurunan mingguan terpanjangnya dalam tiga tahun terakhir, terseret oleh penurunan emerging-market hingga meningkatnya pasokan global dan kekhawatiran yang berlarut-larut mengenai perse...

Oil Set for Longest Weekly Losing Streak Since 2015 on Turkey...
Friday, 17 August 2018 08:22 WIB

Minyak menuju pelemahan terpanjang dari kerugian mingguan dalam tiga tahun terakhir pasca krisis ekonomi di Turki semakin mendalam dan setelah kenaikan mengejutkan dalam stok minyak mentah AS. Kontra...

Oil edges up to mark first gain in 4 sessions...
Friday, 17 August 2018 02:47 WIB

Harga minyak naik lebih tinggi pada hari Kamis untuk mencatatkan kenaikan pertama mereka dalam empat sesi, sehari setelah kenaikan mengejutkan dalam stok minyak mentah AS dan penurunan komoditas yang ...

Oil Attempts to Stabilize After Notching 2-Month Low...
Thursday, 16 August 2018 20:09 WIB

Harga minyak diperdagangkan di dekat level yang tidak berubah Kamis, mencoba untuk kembali stabil sehari setelah kenaikan mengejutkan dalam persediaan minyak mentah AS dan penurunan komoditas yang leb...

Oil rises as China, U.S. set for trade talks, but markets weary of slowing demand...
Thursday, 16 August 2018 13:08 WIB

Harga minyak pada hari Kamis membalikan beberapa penurunan di hari sebelumnya setelah Beijing mengatakan akan mengirim delegasinya ke Washington untuk mencoba menyelesaikan sengketa perdagangan antara...

POPULAR NEWS
Gold futures post lowest settlement in more than 1 1/2 years

Gold futures on Wednesday finished at their...

Gold prices sink to 19-month low amid strong dollar

Gold prices shed over one percent on Thursday to...

Qatar said to invest $15 billion in Turkey

Qatar will invest $15 billion in Turkey, Turkish...

LATEST NEWS
Dollar Slides, Headed For First Weekly Loss in a Month

The U.S. dollar looked listless on Friday, sliding against a handful of its major rivals but rallying against some emerging markets amid worries over further sanctions on Turkey. The ICE U.S. Dollar Index which measures the greenback against six...

Consumer Sentiment in U.S. Declines to Lowest in Almost a Year

U.S. consumer sentiment unexpectedly fell to the lowest level in almost a year amid less favorable views on purchasing big-ticket items and persistent concerns about trade tensions, a University of Michigan report showed Friday.  Sentiment...

U.S. Stocks Flat to Slightly Lower After Weak Earnings, Turkey Turmoil

U.S. stocks opened flat to slightly lower Friday, dinged after a round of disappointing corporate earnings and renewed pressure on Turkey's lira. The S&P 500 fell 0.1% to 2,837.54, while the Dow industrials were up 9 points, or less than 0.1%,...