Sunday, 24 March 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Oil Prices Hit 2019 High as Market Tightening Spurs 20% Recovery
Monday, 18 February 2019 22:45 WIB | ENERGY |Minyak WTIMinyak jenis Brent

Oil prices pressed higher on Monday as signs of supply reductions and hopes that the U.S. and China may resolve their trade dispute spurred bets of a market rebalancing, sparking a recovery in crude following one of the worst annual declines in three years.

New York-traded West Texas Intermediate crude futures rose 35 cents, or 0.63%, at $56.33 a barrel by 9:34 AM ET (14:34 GMT). That was off the intraday peak of $56.73, its best level since November of last year.

Meanwhile, Brent crude futures, the benchmark for oil prices outside the U.S., traded up 3 cents, or 0.05%, to $66.28. The intraday high of $66.84 was also its best level since last November.

Source: Investing.com

RELATED NEWS
Oil Pares Third Weekly Gain as Economy Fears Mix With OPEC Cuts...
Friday, 22 March 2019 18:29 WIB

Minyak turun di tengah meningkatnya kekhawatiran perlambatan ekonomi, namun tetap di jalur untuk kenaikan mingguan ketiga seiring OPEC yang terus menekan dengan pengurangan pasokan. Minyak berjangka ...

Oil slips from 2019 highs as economic concerns weigh...
Friday, 22 March 2019 13:46 WIB

Harga minyak mereda dari puncak 2019 pada hari Jumat karena kekhawatiran pertumbuhan ekonomi membebani sentimen, menghentikan reli tiga bulan didorong oleh pemangkasan pasokan yang dipimpin OPEC dan s...

Oil prices near 2019 highs amid OPEC supply cuts, U.S. sanctions...
Friday, 22 March 2019 08:50 WIB

Harga minyak pada hari Jumat menguat mendekati puncak 2019 yang dicapai pada hari sebelumnya, didukung oleh pemotongan pasokan yang dipimpin oleh klub produsen OPEC dan oleh sanksi AS terhadap Iran da...

Oil Holds Near $60 as U.S. Stockpiles Plunge, Saudis Cut Supply...
Thursday, 21 March 2019 18:22 WIB

Minyak bertahan di dekat level tertingginya empat bulan setelah persediaan minyak mentah AS mengalami penurunan terbesar sejak Juli, sementara Arab Saudi melanjutkan pemangkasan ekspor. Minyak bejang...

Oil Prices Mixed; Trade Concerns, Fed's Warnings On Economic Slowdown In Focus...
Thursday, 21 March 2019 14:04 WIB

Harga minyak bervariasi pada hari Kamis di Asia karena Federal Reserve AS menyoroti tanda-tanda perlambatan ekonomi dan meningkatkan kekhawatiran perlambatan pertumbuhan ekonomi. Minyak Mentah AS WTI...

LATEST NEWS
Hong Kong stocks finish week with more gains (Review)

Hong Kong stocks finished the week on a positive note Friday, taking their cue from a Wall Street rally, with investors now looking ahead to fresh high-level China-US trade talks next week. The Hang Seng Index rose 0.14 percent, or 41.80 points,...

North Korea Withdraws from Liaison Office with South Korea

North Korean has withdrawn its liaison office with South Korea. The North notified the South of the abrupt move Friday at the two Koreas' weekly meeting at their joint offices in the Northern city of Kaesong. South Korea Vice Unification Minister...

Dollar Boosted as Economic Worries Undercut Euro

The U.S. dollar climbed in Friday trading, as investors grappled with an inverted U.S. Treasury yield curve and another round of disappointing economic data in the eurozone region that put pressure on the euro. The ICE U.S. Dollar Index continued...

POPULAR NEWS
Gold Settles at a One-Week High on Dovish Fed
Friday, 22 March 2019 04:00 WIB

Gold futures settled at a one-week high on Thursday, buoyed by the Federal Reserve™s dovish policy statement, though strength in the dollar kept...

Emas lanjutkan reli pasca penyataan dovish The Fed, dolar stabil
Thursday, 21 March 2019 19:36 WIB

Harga emas naik lebih tinggi pada Kamis pagi, yang melanjutkan kenaikan yang terlihat dalam perdagangan elektronik setelah jam ketika dolar AS...

Gold Prices Jump as Fed Removes 2019 Rate Hike from Projections
Thursday, 21 March 2019 13:51 WIB

Gold prices rose on Thursday in Asia following the FOMC™s decision to abandon any expectation of a rate hike in 2019. Gold futures were up 1.3%...

Oil Prices Mixed; Trade Concerns, Fed's Warnings On Economic Slowdown In Focus
Thursday, 21 March 2019 14:04 WIB

Oil prices were mixed on Thursday in Asia as the U.S. Federal Reserve highlighted signs of a slowing economy and raised concerns of slowing economic...