Thursday, 19 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 prices edge up after turbulent week as Saudi Arabia reassures on output...
Thursday, 19 September 2019 13:25 WIB

Oil prices edged higher in Asian trade on Thursday after days of turbulence, with markets soothed by Saudi Arabia's pledge to restore full production by end-September at facilities knocked out in dron...

Oil Steadies as Saudis Pledge Swift Return of Lost Production...
Thursday, 19 September 2019 09:22 WIB

Oil held its decline from the dramatic spike earlier in the week as supply assurances from Saudi Arabia and the International Energy Agency calmed the market after the devastating weekend at...

U.S. Oil Futures Extend Losses to a Second Session...
Thursday, 19 September 2019 02:14 WIB

Oil futures fell on Wednesday, after suffering a loss of nearly 6% a day earlier, pressured as Saudi Arabia's output levels looked to recover much sooner than expected and the U.S. government reported...

EIA: US crude oil stocks increased by 1.1 million barrels...
Wednesday, 18 September 2019 21:48 WIB

The weekly report published by the US Energy Information Administration (EIA) revealed that commercial crude oil inventories in the US increased by 1.1 million barrels in the week ending September 13 ...

Oil Prices Fall as Saudi Quickly Restore Output; API Reports Rising Stockpiles...
Wednesday, 18 September 2019 12:37 WIB

Oil prices fell on Wednesday in Asia after Saudi Arabia's energy minister said the kingdom is recovering faster-than-expected from an attack on the weekend that knocked out 5% of global oil output. U...

LATEST NEWS
2 US Senators Warn Trump Against Nuclear Deal With Saudis

Two U.S. senators are warning the Trump administration against a nuclear cooperation deal with Saudi Arabia, fearing it could set off a nuclear arms race in the volatile Middle East. "Sharing nuclear technology with Saudi Arabia, especially...

U.K. retail sales slip 0.2% in August

U.K. retail sales fell 0.2% in August, as the prior month's gain from Amazon Prime Day reversed with a drop in non-store retailing. Economists polled by FactSet had forecast a 0.2% dip. The year-on-year growth rate slowed to 2.7% from...

Gold Holds Drop as Investors Pick Over Fed's Signals on Rates

Gold held a drop after Federal Reserve policy makers offered divergent views on more monetary easing after delivering another rate cut, casting some doubt over a key driver of bullion's surge to a six-year high. After Wednesday's fall, prices...

POPULAR NEWS
Gold Settles at a More Than a 1-Week High as Historic Oil Outage Rattles investor Nerves
Tuesday, 17 September 2019 01:34 WIB

Gold futures finished solidly higher on Monday, at their highest price in just over a week, after an attack on Saudi Arabian oil production sent oil...

Gold Notches Second Straight Gain, Adds to Climb Toward 1-Week High
Wednesday, 18 September 2019 01:26 WIB

Gold futures on Tuesday marked a second gain in a row, extending a climb to the highest price in about a week. Traders continued to monitor...

Gold Posts Third Straight Gain Ahead of Fed Policy Decision
Thursday, 19 September 2019 01:07 WIB

Gold posted a third straight gain before the conclusion of the Federal Reserve meeting where policy makers are widely expected to cut interest...

Gold holds steady as focus turns to Fed meeting
Tuesday, 17 September 2019 20:17 WIB

Gold prices were steady on Tuesday as investors adopted a wait-and-see approach ahead of the U.S. Federal Reserve™s two-day monetary policy...