Sunday, 21 October 2018
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
U.S. oil holds ground at a more than 2-week low, but global prices rebound
Friday, 13 July 2018 02:54 WIB | ENERGY |MinyakWTIBrentOil,Crude Oil

Oil settled on a mixed note Thursday, with U.S. benchmark prices posting a slight decline but global benchmark prices rebounding from the three-week low they hit a day earlier.

A monthly report from the International Energy Agency hinted at an coming slowdown in crude demand and revealed an uptick in global supplies. Traders also looked to the resumption of Libyan oil exports and mulled the impact of the U.S.-China trade dispute on the global economy, and oil demand.

August West Texas Intermediate crude the U.S. benchmark, edged down by a nickel, or less than 0.1%, to settle at $70.33 a barrel on the New York Mercantile Exchange”the lowest since June 25. Prices also briefly hit lows under $70 a barrel for the first time in over two weeks. They dropped 5% Wednesday.

September Brent crude rose $1.05, or 1.4%, to $74.45 a barrel on the ICE Futures Europe exchange. It recouped some of Wednesday™s nearly 7% drop to $73.40 a barrel, which was the lowest settlement since June 21.

Source : Marketwatch

RELATED NEWS
Oil sees end-of-week bounce, but suffers hefty weekly loss...
Saturday, 20 October 2018 01:56 WIB

Sikap keras administrasi Trump atas dugaan kematian seorang jurnalis terkemuka Arab Saudi mengangkat harga minyak berjangka Jumat, analis mengatakan, meskipun minyak acuan AS masih membukukan penuruna...

Oil Set for Weekly Loss as Stockpile Gain Offsets Khashoggi Case...
Friday, 19 October 2018 13:00 WIB

Minyak bersiap untuk penurunan mingguan kedua setelah kenaikan yang lebih besar dari perkiraan dalam stok minyak mentah AS melampaui ketegangan antara AS dan Arab Saudi atas lenyapnya seorang kritikus...

Oil Prices Edge Up, But Set For Weekly Loss on Stock Build, Trade Row...
Friday, 19 October 2018 08:55 WIB

Harga minyak menyentuh lebih tingginya pada hari Jumat tetapi bersiap untuk penurunan mingguan kedua di tengah persediaan minyak mentah AS yang lebih tinggi, perang perdagangan Sino-AS yang sedang ber...

U.S. oil benchmark settles sharply lower, tallies a two-session loss of 4.5%...
Friday, 19 October 2018 01:52 WIB

Acuan minyak AS menetap melemah tajam pada Kamis untuk mencatat penurunan 4,5% selama dua sesi dari kenaikan mingguan keempat dalam persediaan minyak mentah AS. Administrasi Informasi Energi melapork...

Minyak AS Sedikit Menguat Pasca Penurunan 3 Persen Terkait Kenaikan Stok...
Thursday, 18 October 2018 09:47 WIB

Harga minyak naik tipis pada Kamis, stabil setelah penurunan besar semalam karena lonjakan stok minyak mentah AS dan didukung oleh ketegangan yang sedang berlangsung atas kematian seorang wartawan ter...

POPULAR NEWS
Stocks Open Lower on Hawkish Fed Minutes, China Rout

Stocks opened on a weak note Thursday, with...

Dow sheds more than 300 points, while Nasdaq ends lower by 2%

U.S. stocks finished lower on Thursday as fears...

LATEST NEWS
Shanghai Stocks Rally after Supporting Remarks (Review)

Shanghai stocks rebounded from early losses to surge more than two percent Friday after top economic officials made rare coordinated statements aimed at shoring up investor confidence in the country's troubled markets. The benchmark Shanghai...

Stocks end mixed; Nasdaq suffers 0.6% weekly fall

Stocks saw a mixed finish to a choppy session Friday, with the Dow Jones Industrial Average taking back a modest portion of the previous session's more-than-300-point decline. The tech-heavy Nasdaq Composite lagged behind, falling 0.5% to finish...

Euro finds footing as EU softens Italy criticism

Foreign exchange markets reflected an improvement in risk sentiment after sluggish data on Chinese economic growth was offset by words of support Chinese authorities on Friday. Also, a European Union official attempted to ease tensions with Italy...