Tuesday, 20 August 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Oil Extends Gains Into Third Session Amid Middle East Tensions
Thursday, 16 May 2019 09:07 WIB | ENERGY |Minyak WTIbrent oilOil,Crude Oil

Oil prices edged up on Thursday to extend gains into a third straight session, as tensions in the Middle East stoked fears of potential disruptions to supply.

Brent crude futures were at $72.04 a barrel at 0110 GMT, up 27 cents, or 0.4%, from their last close. Brent closed up 0.7% on Wednesday.

U.S. West Texas Intermediate (WTI) crude futures were at $62.27 per barrel, up 25 cents, or 0.4%, from their previous settlement. WTI closed up 0.4% in the previous session.

Analysts said oil was drawing support from heightened tensions in the Middle East, with helicopters carrying U.S. staff from the American embassy in Baghdad on Wednesday out of apparent concern about perceived threats from Iran.

Source : Reuters

RELATED NEWS
Oil Rises on Improvement Reported in Trade Talks, Drone Attack...
Tuesday, 20 August 2019 02:47 WIB

Oil is getting a boost from a positive spin on U.S.-China trade talks and reports of a new drone attack on a Saudi oilfield. But the bigger factor for the week could be what transpires at the Kansas C...

Oil rises after drone attack on Saudi field...
Monday, 19 August 2019 18:32 WIB

Crude oil prices rose on Monday following a weekend attack on a Saudi oil facility by Yemeni separatists and as traders looked for signs that U.S.-China trade tensions could ease. Price gains were, h...

U.S. Oil Futures Tally Gains For The Session And Week...
Saturday, 17 August 2019 02:22 WIB

Oil futures climbed Friday, tallying a gain for the week, their first in three weeks. "Today's rise reflected some reluctance to go home short over the weekend given the uncertainties in the Persian G...

Oil trims gains as OPEC lowers forecast for 2019 world oil-growth demand...
Friday, 16 August 2019 19:05 WIB

Oil futures trimmed gains Friday after the Organization of the Petroleum Exporting Countries, in its monthly report, slightly lowered its outlook for global oil-demand growth this year. OPEC said it n...

Oil Heads for Weekly Gain as Trade War Headlines Whipsaw Market...
Friday, 16 August 2019 14:11 WIB

Oil headed for its first weekly gain this month as trade war news continued to whipsaw the market against the backdrop of rising U.S. stockpiles and a weakening global demand outlook. West Texas...

LATEST NEWS
Hong Kong stocks end with big gains (Review)

Hong Kong shares jumped more than two percent Monday following a healthy lead from Wall Street with investors cheered by positive comments on trade talks by Donald Trump's top trade adviser. The Hang Seng Index climbed 2.17 percent or 557.62...

Dow Ends Around 250 Points Higher on Global Stimulus Hopes, Easing Trade Fears

Stocks ended sharply higher Monday, further paring their August pullback as investors cheered talk of additional stimulus from global policy makers and a respite from negative trade-war headlines. The Dow Jones Industrial Average rose around 250...

Oil Rises on Improvement Reported in Trade Talks, Drone Attack

Oil is getting a boost from a positive spin on U.S.-China trade talks and reports of a new drone attack on a Saudi oilfield. But the bigger factor for the week could be what transpires at the Kansas City Fed's annual gathering in Jackson Hole,...

POPULAR NEWS
Gold Drops 2nd Day on Rising Stocks, Trade Comments
Monday, 19 August 2019 09:39 WIB

Gold declined for a second day as investors favored riskier assets and weighed President Donald Trump™s comments on trade talks with...

Gold ends lower as stock-market rebound dulls haven shine
Tuesday, 20 August 2019 02:20 WIB

Gold futures lost ground Monday, ending lower as renewed optimism on the trade front and talk of stimulus by global policy makers dulls investor...

Gold prices dip as equities gain, dollar strengthens
Monday, 19 August 2019 15:42 WIB

Gold prices slipped on Monday due to a stronger U.S. dollar and a recovery in equities, as hints of more stimulus from major central banks around...

Oil Holds Gains After Drone Attack Fails to Disrupt Saudi Output
Monday, 19 August 2019 07:28 WIB

Crude held gains after a drone attack on oil and gas facilities in Saudi Arabia underscored geopolitical risk in the Middle East and as...