Tuesday, 24 September 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Oil Ends Lower as Demand Worries Pressure Prices
Friday, 23 August 2019 02:17 WIB | ENERGY |Minyak WTIbrent oilOil,Crude Oil

Oil futures ended lower on Thursday, weighed down by expectations for surplus supplies, with the economy and energy demand moving back into focus on the first day of the Jackson Hole economic policy symposium in Wyoming.

West Texas Intermediate crude for October delivery on the New York Mercantile Exchange fell 33 cents, or 0.6%, to settle at $55.35 a barrel. Prices, based on the front-month contract, trade about 1% higher than the week-ago finish, but down 5.5% for the month so far. October Brent crude shed 38 cents, or 0.6%, to $59.92 a barrel on ICE Futures Europe”logging its first decline in five sessions.

Source : Marketwatch

RELATED NEWS
Oil ends higher as Middle East tensions outweigh pressure from Saudi output recovery...
Tuesday, 24 September 2019 03:05 WIB

Crude-oil futures ended higher on Monday, finding support from growing tensions in the Middle East even as Saudi Arabia has reportedly restored much of the output lost to attacks over a week ago that ...

Oil Drops Amid Conflicting Reports About Speed of Saudi Recovery...
Monday, 23 September 2019 18:08 WIB

Oil fell as traders weighed conflicting reports on whether Saudi Arabia will succeed in restoring its lost production by the end of this month, while concerns over demand returned following gloom...

U.S. Oil Prices Up 6% For The Week, Biggest Weekly Gain in 3 Months...
Saturday, 21 September 2019 02:17 WIB

Oil futures ended lower on Friday, but tallied a gain of almost 6% for the week, the largest such rise in three months. As the Saudis reveal the extent of damages from the attacks on oil facilities l...

Oil Set for Biggest Weekly Gain Since January After Saudi Attack...
Friday, 20 September 2019 20:23 WIB

Oil in London was on track for its biggest weekly increase since January as traders waited to see whether Saudi Arabia can fulfill promises to swiftly repair critical facilities attacked last wee...

Tensions in Middle East hoist oil prices to largest weekly gain for months...
Friday, 20 September 2019 14:19 WIB

Oil prices were on track to jump more than 7% this week, their biggest weekly rise in months, as early trading on Friday saw gains extended on fresh Middle East tensions after a key Saudi Arabian supp...

LATEST NEWS
Stock-Market Momentum Fades at The Close as Investors Wrestle With Poor Economic Growth Outside U.S.

U.S. stocks finished virtually unchanged Monday, with even meager gains fading in the final minutes of trade, amid downbeat data out of Europe that underlined worries about global economic growth. Traders also kept an eye on U.S.-China trade talks...

Oil ends higher as Middle East tensions outweigh pressure from Saudi output recovery

Crude-oil futures ended higher on Monday, finding support from growing tensions in the Middle East even as Saudi Arabia has reportedly restored much of the output lost to attacks over a week ago that damaged its oil facilities. Late last week, the...

Gold futures settle at highest in over 2 weeks

Gold futures climbed Monday to settle at their highest in more than two weeks. Weak eurozone economic data raised worries over a slowdown in the global economy, as well as uncertainty surrounding U.S.-China trade talks and Iran tensions, combined...

POPULAR NEWS
Gold Stays Below 2-Week-Old Resistance-Line Despite Trade/Political Pessimism
Monday, 23 September 2019 08:58 WIB

Gold prices fail to portray the recent risk-aversion wave as they remain below near-term resistance-line while taking rounds to $1,513 on early...

Gold buoyed as weak eurozone data underlines fears over global growth
Monday, 23 September 2019 20:36 WIB

Gold rose Monday, finding support after a round of downbeat data out of the eurozone underlined worries about global growth prospects and as traders...

Gold Holds Gain as Trade in Focus; Palladium at Record
Monday, 23 September 2019 15:24 WIB

Gold held an advance as investors monitored signs of progress in U.S.-China trade discussions. Palladium hit a fresh all-time high. China's...

Hong Kong Stocks Up At Open
Monday, 23 September 2019 09:18 WIB

Hong Kong stocks started Monday with small gains on hopes for progress in trade talks between China and the US. The Hang Seng Index rose 0.11...