Sunday, 26 January 2020
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
U.S. oil futures mark first climb in three sessions
Tuesday, 3 December 2019 03:14 WIB | ENERGY |Minyak WTI

U.S. benchmark oil futures settled higher on Monday for the first time in three sessions, getting a lift following a report that the Organization of the Petroleum Exporting Countries and its allies may agree later this week to deeper production cuts.

Reuters reported the group of producers, collectively known as OPEC+, may consider increasing output reductions by 400,000 barrels a day to 1.6 million barrels a day. Against that backdrop, January West Texas Intermediate oil tacked on 79 cents, or 1.4%, to settle at $55.96 a barrel on the New York Mercantile Exchange.

Prices posted losses on Wednesday and Friday, with trading closed Thursday for the Thanksgiving holiday.

Source: Marketwatch

RELATED NEWS
Oil Drops The Most Since May on Fears Coronavirus Will Hit Growth...
Saturday, 25 January 2020 03:00 WIB

Oil posted its worst week since May as the coronavirus outbreak continues to pressure prices. A slowdown in China's economy would impact demand because China is the world's largest crude oil importer...

Oil Set for Weekly Slump as Asia Virus Adds to Demand Concerns...
Friday, 24 January 2020 18:37 WIB

Oil headed for a 5% loss this week amid fears that China™scoronavirus will erode fuel demand just as markets struggle with a fragile world economy and adequate supplies. Futures held abov...

Oil steadies, but concern over spreading China virus weighs...
Friday, 24 January 2020 09:58 WIB

Oil prices were steady on Friday, but on track for a fall of up to 5% for the week on growing concern that fuel demand will weaken as the spread of a respiratory virus from China that has killed 25 so...

U.S. oil futures mark lowest settlement since late November...
Friday, 24 January 2020 03:11 WIB

Oil futures fell sharply on Thursday, sending U.S. prices to their lowest settlement since late November, as the spread of coronavirus raised worries about the global economy and energy demand. "All ...

Oil Prices Pare Losses as EIA Reports a Modest, Unexpected Weekly Fall in U.S. Crude-Oil Supplies...
Thursday, 23 January 2020 23:16 WIB

Oil prices pared some of their earlier losses on Thursday after weekly data from the Energy Information Administration revealed that U.S. crude supplies fell by 400,000 barrels for the week ended Jan....

LATEST NEWS
Stocks end lower on worries over coronavirus outbreak

Stocks ended lower Friday, giving up early gains after authorities confirmed a second U.S. coronavirus case. The Dow Jones Industrial Average fell around 170 points, or 0.6%, to end near 28,990, according to preliminary figures, while the S&P...

Oil Drops The Most Since May on Fears Coronavirus Will Hit Growth

Oil posted its worst week since May as the coronavirus outbreak continues to pressure prices. A slowdown in China's economy would impact demand because China is the world's largest crude oil importer, after importing a record 10.12 million barrels...

Gold prices notch gains for the day and week as coronavirus fears intensify

Gold prices finish higher on Friday, ending at the highest settlement in about three weeks as a viral outbreak originating out of China continued to grow. February gold closed $6.50, or 0.4%, higher at $1,571.90 an ounce on Comex. The metal also...

POPULAR NEWS
Gold futures finish at their highest in more than 2 weeks
Friday, 24 January 2020 01:53 WIB

Gold futures settled at a more than two-week high on Thursday, as worries surrounding the spread of the coronavirus led to weakness in the U.S....

Gold prices notch gains for the day and week as coronavirus fears intensify
Saturday, 25 January 2020 02:08 WIB

Gold prices finish higher on Friday, ending at the highest settlement in about three weeks as a viral outbreak originating out of China continued to...

Gold Dips on Profit-Taking, Rate Expectations Cap Losses
Thursday, 23 January 2020 19:30 WIB

Gold eased on Thursday as investors booked profits from recent rallies but held above the $1,550 technical support level on continuing low interest...

Hong Kong stocks flat after week of virus jitters
Friday, 24 January 2020 09:09 WIB

Hong Kong shares were flat in Friday's opening trade as the market stabilised following a week of investor nerves over China's coronavirus...