Tuesday, 11 December 2018
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Oil hits four-year high as OPEC, Russia resist output rise to offset U.S. sanctions against Iran
Tuesday, 25 September 2018 13:35 WIB | ENERGY |MinyakWTIBrentOil,

Oil prices hit their highest since November 2014 on Tuesday, topping four-year highs from the previous day, as looming U.S. sanctions against Iran and reluctance by the Organization of the Petroleum Exporting Countries to raise output supported markets.

Brent crude futures rose to $81.62 a barrel around 06:00 GMT, levels not seen since November 2014. They were still at $81.61 at 0610 GMT, up 41 cents, or 0.5 percent from their last close.

U.S. West Texas Intermediate (WTI) crude futures were at $72.37 a barrel, up 29 cents, or 0.4 percent from their last settlement.

The United States from Nov. 4 will target Iran™s oil exports with sanctions, and Washington is putting pressure on governments and companies around the world to fall in line and cut purchases from Tehran.

Source: Reuters

RELATED NEWS
Oil Prices Edge Up After Production Cut Announcement...
Tuesday, 11 December 2018 13:58 WIB

Harga minyak naik tipis pada Selasa di Asia setelah jatuh 3% di sesi sebelumnya karena pemotongan yang dijanjikan oleh Arab Saudi dan sekutu-sekutunya di OPEC yang diperbesar gagal menaikkan harga min...

WTI drops back below $ 52 as global growth concerns mount...
Monday, 10 December 2018 18:39 WIB

WTI (minyak berjangka di NYMEX) berbalik arah dan kembali ke zona merah, sekarang jatuh hampir 2% ke dekat level 51,70 di tengah dolar AS yang lebih kuat dan penghindaran risiko meluas, dipicu oleh me...

Gold Near 5-Month High on Haven Bid as Stocks Decline...
Monday, 10 December 2018 17:03 WIB

Emas diperdagangkan mendekati level tertinggi dalam lima bulan di tengah penurunan ekuitas Asia dan Indeks berjangka saham AS pada potensi peningkatan ketegangan antara Washington dan Beijing. Aset H...

Oil Prices Mixed After OPEC Announce Production Cut...
Monday, 10 December 2018 13:01 WIB

Harga minyak bervariasi pada hari Senin setelah OPEC mengumumkan pada hari Jumat pemotongan pasokan 1,2 juta barel per hari (bpd) dari Januari. Minyak mentah WTI berjangka untuk pengiriman Januari tu...

Brent Oil Prices Rise After OPEC-Led Group Announces 1.2 Million bpd Supply Cut...
Monday, 10 December 2018 08:26 WIB

Harga minyak internasional naik pada Senin pagi, memperpanjang kenaikan dari hari Jumat ketika produsen OPEC dan beberapa produsen non-afiliasi menyetujui pemotongan pasokan 1,2 juta barel per hari (b...

LATEST NEWS
US futures slightly lower as market volatility continues

U.S. stock index futures pointed to a lower open on Tuesday as stocks take a breather after a wild session in the previous trading day. At 03:40 a.m. ET, Dow futures were down 69 points, implying a open of -20.26 points. Meanwhile, S&P 500 and...

Gold Trades Near Five-Month High on Brexit Uncertainty

Spot gold traded near the highest level in five months as traders favored haven assets amid concerns over the possibility of the U.K. leaving the European Union without a deal. Investors also weighing latest developments on the trade war...

UK workers get biggest pay rise in a decade

British workers had their biggest pay rise in a decade in the three months to October as the country's strong labor market showed no sign of weakening ahead of Brexit, official figures showed on Tuesday. Average weekly earnings, including bonuses,...

POPULAR NEWS
Gold Futures End With a Loss on Stronger Dollar
Tuesday, 11 December 2018 01:56 WIB

Gold futures ended with a loss on Monday, with strength in the dollar putting pressure on the dollar-denominated precious metal. The greenback...

Hong Kong Stocks Drop in Opening Minutes
Monday, 10 December 2018 09:01 WIB

Hong Kong shares opened with more losses Monday, tracking a sell-off on Wall Street fuelled by lingering concerns about the China-US trade standoff,...

Wall St., Main St. Expect Gold To Keep Shining
Monday, 10 December 2018 13:04 WIB

Wall Street and Main Street both look for gold to build on last week's move higher during the this week, based on the Kitco News gold...

Tokyo: Benchmark Nikkei Open Lower
Monday, 10 December 2018 07:30 WIB

Tokyo stocks opened sharply lower on Monday, taking a negative lead from New York where unease over the US-China trade war prompted a fresh sell-off...