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CADANGAN MINYAK MENTAH AS

Oil prices set to fall for third month despite Middle East conflict

Tuesday, 1 October 2024 00:33 WIB | Root

Oil prices were steady on Monday and on track to fall for the third month in a row as a strong supply outlook and questions around demand outweighed fears that Israeli strikes in Lebanon and Yemen could escalate conflict in the Middle East. Brent crude futures for November delivery, expiring on...

Oil Creeps Up After Loss as Prices Take Cues From Wider Markets

Tuesday, 25 June 2024 02:32 WIB | Root

Oil edged higher as it took direction from swings in wider markets including a softer dollar. Brent traded above $85 a barrel, clawing back a small amount of Friday’s decline. Global stocks steadied ahead of a week of political risks and inflation data, while the dollar fell...

Oil steady as investors weigh U.S. rate fears, firmer seasonal demand

Friday, 24 May 2024 23:18 WIB | Root

Oil prices were stable on Friday as investors considered the latest comments from the U.S. Federal Reserve on interest rates amid sticky inflation, while signs of firming seasonal U.S. fuel demand lent support. Brent crude futures rose 5 cents to $81.41 a barrel by 0640 GMT, while U.S. West Texas...

Oil prices dip as demand worries outweigh Mideast supply fears

Wednesday, 17 April 2024 23:30 WIB | Root

Oil prices extended losses on Wednesday as worries about global demand due to weak economic momentum in China and a likely rise in U.S. commercial stockpiles outweighed supply fears from heightened tensions in the Middle East. Brent futures for June fell 40 cents, or 0.44%, to $89.62 a barrel by...

Oil prices pull back as traders monitor efforts to contain Israel-Hamas war

Tuesday, 24 October 2023 01:34 WIB | Root

Oil futures were lower in early trade Monday as traders monitored diplomatic efforts aimed at ensuring the Israel-Hamas war doesn’t spiral into a wider regional conflict. West Texas Intermediate crude for December delivery, fell 59 cents, or 0.7%, to $87.49 a barrel on the New York Mercantile...

Oil prices fall as investors assess impact of Israel-Hamas war

Monday, 16 October 2023 15:37 WIB | Root

Oil prices fell on Monday, partly reversing Friday's rally as investors wait to see if the Israel-Hamas conflict draws in other countries, which could drive up prices and deal a fresh blow to the global economy. Brent futures slid 34 cents, or 0.4%, to $90.55 per barrel and U.S. West Texas...

Oil extends rise above $90-a-barrel to kick off week

Tuesday, 19 September 2023 01:37 WIB | Root

Oil futures rose early Monday, building on 2023 highs on continued concerns over tightening crude supplies. West Texas Intermediate crude for October delivery rose 65 cents, or 0.7%, to $91.42 a barrel on the New York Mercantile Exchange. November Brent crude, the global benchmark, was up 53...

Oil Advances as IEA Adds to Chorus of Views on Tighter Outlook

Thursday, 14 September 2023 15:04 WIB | Root

Oil climbed toward a 10-month high after the International Energy Agency added to warnings of a supply shortfall. West Texas Intermediate traded near $89 a barrel, after dipping 0.4% on Wednesday. Demand will eclipse supply by 1.2 million barrels a day on average during the second half,...

Oil prices hover near 10-month high on supply concerns

Wednesday, 13 September 2023 14:56 WIB | Root

Oil prices edged higher on Wednesday, hovering at a new 10-month high hit the previous day, as expectations of tighter global supply and fears of supply disruption in Libya outweighed concerns of slower demand in some countries such as China. The international benchmark Brent futures rose 8...

Oil Dips After Technicals Signal Rally May Have Run Too Hot

Monday, 11 September 2023 14:13 WIB | Root

Oil declined after rallying almost 10% over the past two weeks, with technical indicators suggesting recent gains may have been overdone. West Texas Intermediate traded near $87 a barrel after a 2.3% advance last week. The 9-day relative strength index for WTI has been above a level...

Oil Ends Lower On Profit-Taking After 9-Session Rally

Friday, 8 September 2023 08:18 WIB | Root

US crude futures finish 0.8% lower at $86.87 a barrel, which brings to an end a nine-session streak of gains for WTI that matched the longest winning streak in 13 years. Today's moderate retreat in prices was attributed to profit-taking mostly as investors decided the market had reached...

U.S. oil prices post highest finish in more than a week

Wednesday, 30 August 2023 08:30 WIB | Root

U.S. oil futures gained on Tuesday, settling at their highest in more than a week, as traders continued to monitor Hurricane Idalia's path and its potential impact on energy operations in the Gulf of Mexico. West Texas Intermediate crude for October delivery climbed $1.06, or 1.3%, to settle at...

Oil down on weak economic data, US Fed chief's speech in spotlight

Thursday, 24 August 2023 21:32 WIB | Root

Oil prices eased on Thursday amid disappointing economic data from key economies and as investors await a speech by U.S. Federal Reserve Chair Jerome Powell on Friday for clues on interest rates. Brent crude fell 19 cents, or 0.2%, to $83.02 a barrel by 0619 GMT, while U.S. West Texas...

Oil prices set to end streak of 7 straight weekly gains

Saturday, 19 August 2023 01:45 WIB | Root

Oil futures edged lower Friday, on track to snap a run of seven straight weekly gains as worries about Chinese demand, rising bond yields and a stronger dollar take a toll. West Texas Intermediate crude for September delivery fell 28 cents, or 0.3%, to $80.11 a barrel on the New York Mercantile...

Oil Steady as China Concerns Jostle With Tightening Inventories

Wednesday, 16 August 2023 22:03 WIB | Root

Oil steadied as traders weighed concerns over Chinaâ€™s faltering economy against industry estimates pointing to lower US inventories. West Texas Intermediate held near $81 a barrel after losing 2.6% in the weekâ€™s first two sessions. Equity indexes and other commodities fluctuated amid growing...

Oil edges lower after weak China data

Wednesday, 16 August 2023 00:46 WIB | Root

Oil futures were lower early Tuesday, feeling pressure after another round of disappointing economic data out of China, which was followed by rate cuts by the central bank in Beijing. West Texas Intermediate crude for September delivery fell 56 cents, or 0.7%, to $81.95 a barrel on the New York...

Oil prices edge lower after 7th straight weekly gain

Tuesday, 15 August 2023 01:34 WIB | Root

Oil futures edged lower Monday, consolidating after scoring a seventh straight weekly gain on concerns about tightening crude supplies. Oil futures edged lower Monday, consolidating after scoring a seventh straight weekly gain on concerns about tightening crude supplies. West Texas Intermediate...

WTI Oil Notches Largest One-Day Decline in 5 Weeks

Thursday, 3 August 2023 08:50 WIB | Root

US crude futures finish 2.3% lower at $79.49 a barrel, marking the largest one-day decline since June 27. The sell-off came due to a strong dollar and despite a massive 17-million-barrel weekly drop in US crude inventories. "Bullish draw but market skeptical," says Evercore in a research note, as...

Pasar Terbebani Sinyal Pasokan Yang Variatif, Harga Minyak Melemah

Friday, 15 April 2022 00:09 WIB | Root

Harga minyak tergelincir pada hari Kamis (14/4) dalam perdagangan tipis menjelang hari libur, karena para pedagang terbebani peningkatan yang lebih besar dari perkiraan dalam pasokan minyak AS terhadap pengetatan pasokan global. Minyak Brent berjangka turun 59 sen, atau 0,5%, pada $108,19 per...

Minyak Menurun Pasca Laporan Menunjukan Meningkatnya Persediaan AS

Wednesday, 28 October 2020 15:25 WIB | Root

Minyak turun kembali di bawah harga $39 per barel setelah laporan industri menunjukkan peningkatan stok minyak mentah AS yang lebih besar dari perkiraan, yang mengimbangi gangguan pasokan karena Badai Tropis Zeta. American Petroleum Institute melaporkan persediaan minyak mentah meningkat 4,58...

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