Sunday, 05 July 2020
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
U.S. oil futures up a second straight session
Wednesday, 4 December 2019 03:17 WIB | ENERGY |Minyak WTI

U.S. benchmark oil futures settled higher for a second straight session on Tuesday as traders weighed the possibility that the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, will announce deeper production cuts when they meet later this week.

OPEC's Joint Technical Committee, which monitors developments in the oil market, met in Vienna Tuesday, ahead of the OPEC meeting Thursday and OPEC+ gathering Friday. The committee, however, did not discuss deeper output cuts, according to tweets from analysts and traders, which cited comments from delegates.

January West Texas Intermediate oil tacked on 14 cents, or 0.3%, to settle at $56.10 a barrel on the New York Mercantile Exchange.

Source: Marketwatch

RELATED NEWS
Crude Oil Lower; OPEC Disputes and Virus Cases Weigh...
Friday, 3 July 2020 18:59 WIB

Oil markets slipped Friday as the resurgence of Covid-19 cases, particularly in the U.S., the largest consumer in the world, threatened the recovery of crude demand. At 7:30 AM ET (11:30 GMT), U.S. c...

Oil futures end higher, with U.S. prices at their highest since March...
Friday, 3 July 2020 02:08 WIB

Oil futures settled higher on Thursday, buoyed by a hefty decline in last week's U.S. crude supplies and better-than-expected domestic jobs growth in June. August West Texas Intermediate oil rose 83 ...

Oil Futures Climb on Shrinking U.S. Crude Inventories...
Thursday, 2 July 2020 19:43 WIB

Crude-oil prices headed higher Thursday for a second session, as values continued to garner support from a bullish report on U.S. stockpiles this week. The Energy Information Administration reported ...

Oil futures score a gain for the session as U.S. supplies show biggest weekly drop of the year...
Thursday, 2 July 2020 02:15 WIB

Oil futures settled higher on Wednesday after U.S. government data showed that domestic crude supplies fell by 7.2 million barrels last week, the largest weekly decline so far this year. The fall in ...

Oil rises after sharp drop in U.S. crude inventories...
Wednesday, 1 July 2020 18:47 WIB

Oil prices rose on Wednesday after an industry report showed crude inventories in the United States fell much more than expected, suggesting demand is improving even as the coronavirus outbreak spread...

LATEST NEWS
Hong Kong Stocks End Week on Strong Note (Review)

Hong Kong shares ended higher Friday, extending the previous day's near-three percent gains, as global markets were boosted by a better-than-expected reading on US jobs creation. The Hang Seng Index jumped 0.99 percent, or 248.93 points, to...

Colombia Arrests 8 More Suspects in Police Academy Car Bombing

Colombia has captured eight leftist rebels accused of killing at least 22 people in a bombing attack on a police academy. The National Liberation Army (ELN) claimed responsibility for the January 2019 car bombing in the capital Bogota. The rebel...

European markets close lower as virus concerns quell optimism over upbeat data

European stocks closed lower on Friday as concern over a spike in U.S. coronavirus infections tempered the optimism arising from upbeat economic data out of the U.S., China and the euro zone. The pan-European Stoxx 600 provisionally closed down...

POPULAR NEWS
Towards the end of July 2020, Prepare a Buy Option for Gold Futures
Thursday, 2 July 2020 15:00 WIB

Initial trials of the COVID-19 vaccine developed by Pfizer Inc. and BioNtech SE have shown positive results, which are safe and enable patients to...

Gold settles with a gain for the session and shorter week
Friday, 3 July 2020 01:15 WIB

Gold futures climbed on Thursday, also posting a gain for the holiday-shortened week, as concerns over the increase in COVID-19 cases in part of the...

Gold Holds Drop on Vaccine Developments, Factory Data
Thursday, 2 July 2020 11:23 WIB

Gold held a decline after positive coronavirus vaccine developments and better-than-expected U.S. manufacturing data lifted sentiment and...

Emas dan Saham Telah Berdamai
Friday, 3 July 2020 14:53 WIB

Untuk pertama kalinya tren indeks berjangka emas tidak terpengaruh oleh sentimen pasar saham selama masa pandemi COVID-19. Di sisi lain, emas saat...