Friday, 05 September 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Oil prices rise by over $1 on OPEC+ output hike delay
Monday, 4 November 2024 07:59 WIB | OIL |MinyakOil,

Harga minyak naik lebih dari $1 ditengah penundaan kenaikan produksi OPEC+

Oil prices rose by more than $1 in early trading on Monday after OPEC+ said on Sunday it would delay a planned December output hike by one month.

Brent futures rose by $1.14 per barrel, or 1.56%, to $74.24 a barrel. U.S. West Texas Intermediate (WTI) crude also rose by $1.14 a barrel, or 1.64%, to $70.63.

OPEC+, which includes the Organization of the Petroleum Exporting Countries plus Russia and other allies, was due to increase output by 180,000 barrels per day (bpd) in December.

Source : Reuters

 

RELATED NEWS
Oil prices ease as investors await OPEC+ output decision...
Friday, 5 September 2025 08:12 WIB

Oil prices drifted down in early trading on Friday for the third straight day as investors awaited an OPEC+ meeting this weekend that will consider further output hikes.Brent crude futures fell 23 cen...

Oil prices ease on surprise build in US crude stockpiles, OPEC+ to consider output hike...
Friday, 5 September 2025 02:04 WIB

Oil prices eased about 1% to a two-week low on Thursday on a surprise build in U.S. crude inventories last week and expectations that OPEC+ producers will increase output targets at a meeting this wee...

Oil Prices Plunge More Than 1%, OPEC+ Considers Further Production Hikes ...
Thursday, 4 September 2025 19:09 WIB

Oil prices plunged 1.5% on Thursday, extending a more than 2% decline in the previous session, as investors awaited the weekend OPEC+ meeting where producers are expected to consider another productio...

Oil Holds Drop on OPEC+ Supply Concerns and Signs of US Slowdown...
Thursday, 4 September 2025 07:15 WIB

Oil steadied after falling by the most in a month as traders fretted that OPEC+ may boost supplies, US data pointed to a slowdown, and an industry estimate showed higher stockpiles at a key stora...

Oil prices drop as OPEC+ weighs another output ...
Thursday, 4 September 2025 02:03 WIB

Oil prices fell by more than 2% on Wednesday ahead of a weekend meeting of OPEC+ producers that is expected to consider another increase in production targets in October. Brent crude fell $1.6, or 2....

LATEST NEWS
Oil prices ease as investors await OPEC+ output decision

Oil prices drifted down in early trading on Friday for the third straight day as investors awaited an OPEC+ meeting this weekend that will consider further output hikes.Brent crude futures fell 23 cents, or 0.3%, to $66.77 a barrel at 0012 GMT,...

Japanese Shares Rally as Trump Lowers Auto Tariffs

The Nikkei 225 jumped 1.2% to around 43,100 and the Topix gained 0.8% to 3,105 on Friday, with Japanese equities rising for a second session after US President Donald Trump signed an executive order cutting tariffs on Japanese cars to 15% from...

Asia-Pacific markets open higher after Trump formalizes lower Japanese auto tariffs

Asia-Pacific markets opened higher Friday after U.S. President Donald Trump signed an executive order Thursday formalizing a lower Japanese auto import tariff of 15%, down from 27.5%.The order also confirms the agreement for $550 billion of...

POPULAR NEWS
JOLTS Job Openings Expected To Decrease In July Ahead Of Important Nonfarm Payrolls Report
Wednesday, 3 September 2025 17:46 WIB

The US Bureau of Labor Statistics (BLS) will release the Job Openings and Labor Turnover Survey (JOLTS) on Wednesday. This publication will provide...

Fiscal jitters push Wall Street stocks down, European bond yields to multiyear highs
Wednesday, 3 September 2025 02:02 WIB

Global stocks fell and long-dated bond yields in Europe hit multiyear highs on Tuesday as investors grew increasingly worried about the state of...

Content of President Trump's Publicly Released Speech
Wednesday, 3 September 2025 04:09 WIB

In his first press conference in a week, President Donald Trump dismissed rumors of his death circulating on social media. In a casual tone, Trump...

Asia markets mostly fall, tracking losses on Wall Street
Wednesday, 3 September 2025 07:25 WIB

Asia-Pacific markets mostly fell Wednesday, tracking losses on Wall Street as investors assessed rising global bond yields and the latest...