Tuesday, 16 October 2018
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Oil prices turn higher after EIA reports a bigger-than-expected weekly fall in U.S. crude supplies
Wednesday, 13 June 2018 21:46 WIB | COMMODITY |Minyak WTICadangan Minyak Mentah AS

The U.S. Energy Information Administration reported Wednesday that crude supplies fell by 4.1 million barrels for the week ended June 8.

Analysts surveyed by S&P Global Platts had forecast a decline of 2.6 million barrels, while the American Petroleum Institute on Tuesday reported a climb of 833,000 barrels, according to sources. Gasoline stockpiles also declined by 2.3 million barrels for the week, while distillate stockpiles fell 2.1 million barrels, according to the EIA.

The S&P Global Platts survey forecast a supply rise of 200,000 barrels for gasoline, and expected distillate stocks to be unchanged.

July crude % rose 24 cents, or 0.4%, to $66.60 a barrel on the New York Mercantile Exchange, up from $66.12 before the supply data.

Source: Marketwatch

RELATED NEWS
Oil Set for Weekly Loss on Flight From Risk as Stockpiles Grow...
Friday, 12 October 2018 13:57 WIB

Minyak bersiap untuk penurunan mingguan terbesar sejak Mei lalu karena gejolak di ekuitas AS memacu investor untuk menghindari aset berisiko pada saat persediaan minyak mentah di Amerika meningkat. K...

Oil Prices Hold Ground, But Are Set For 4 Percent Weekly Fall...
Friday, 12 October 2018 09:36 WIB

Harga minyak naik pada hari Jumat setelah rutinitas pasar didorong oleh penurunan tajam di pasar ekuitas dan indikasi yang telah berlebihan, tetapi masih berada di jalur penurunan untuk lebih dari 4 p...

Oil Extends Losses as Other Markets Fall, Inventories Rise...
Thursday, 11 October 2018 14:09 WIB

Harga minyak turun ke posisi dua minggu terendahnya pada Kamis ini karena mereka memperpanjang kerugian terbesar dari sesi sebelumnya di tengah pelemahan di pasar saham global, dengan minyak juga tert...

Oil Set for Worst 2-Day Drop Since July as Stock Turmoil Spreads...
Thursday, 11 October 2018 10:35 WIB

Minyak menuju penurunan dua hari terbesarnya sejak Juli lalu karena pelemahan di AS meluas ke pasar komoditas. Kontrak berjangka turun sebanyak 1,7 persen di New York, setelah merosot 2,4 persen pada...

Oil Trades Above $74 on Speculation Storm May Worsen Supply Risk...
Wednesday, 10 October 2018 09:19 WIB

Minyak diperdagangkan di atas level $ 74 per barel karena kekhawatiran Badai Michael di AS dapat memperparah krisis pasokan, sementara Badan Energi Internasional memperingatkan harga yang lebih tinggi...

POPULAR NEWS
Gold Rally Rolls On

On Friday we asked the question -- could the...

Gold advances, tests territory last visited in July

Gold futures rose Monday, heading back toward...

Stocks end lower as tech weakness mutes rebound attempt

Stocks ended a choppy session lower Monday, with...

LATEST NEWS
Hong Kong Stocks Close Flat as Caution Prevails

Hong Kong stocks ended flat Tuesday as investors opted for caution in response to global economic headwinds, while other Chinese bourses continued their run of losses. The Hang Seng Index closed up 0.07 percent, or 17.20 points, to 25,462.26. The...

Gold Trades Near Highest Since End-July on Dollar, Haven Bid

Gold trades near highest since end-July after dollar drops amid geopolitical tensions, including flare-up between Trump administration and Saudi Arabia, which may see U.S. officials duck the ˜Davos in the Desert™ investment conference in...

Dollar Rises on Firmer U.S. Yields; Yuan Struggles

The dollar edged higher on Tuesday as firmer U.S. Treasury yields encouraged investors to buy the greenback after a recent drop with investors growing more bullish about its short-term outlook, especially against emerging market currencies. While...