Tuesday, 12 September 2023 08:41 WIB | Oil
Oil prices ended a bit lower on Monday, easing back after logging a more than 2% gain last week.
While demand concerns continue to “headline downside risk†for oil, fundamental conditions remain undersupplied for now, as has been clear from strong draws to commercial U.S. crude stocks in...
Wednesday, 30 August 2023 22:20 WIB | Oil
Oil prices extended gains on Wednesday after industry data showed a large draw in crude inventories in the U.S., the world's biggest fuel consumer, and as a hurricane in the Gulf of Mexico kept investors on edge.
Brent crude futures for October rose by 42 cents, or 0.49%, to $85.91 a barrel by...
Wednesday, 30 August 2023 00:43 WIB | Oil
Oil futures edged higher early Tuesday as Idalia strengthened into a hurricane that is expected to make landfall in Florida within a day.
West Texas Intermediate crude for October delivery rose 56 cents, or 0.7%, to $80.66 a barrel on the New York Mercantile Exchange.
October Brent crude, the...
Friday, 25 August 2023 01:20 WIB | Oil
Oil futures ticked higher early Thursday, attempting to find their footing after a three-day drop that sent the U.S. benchmark to its lowest close in nearly a month.
West Texas Intermediate crude for October delivery was up 27 cents, or 0.3%, at $79.16 a barrel after ending the Wednesday session...
Thursday, 24 August 2023 01:15 WIB | Oil
Oil prices slid more than 1% on Wednesday as gloomy global manufacturing data grabbed attention ahead of an annual meeting of central bankers at Jackson Hole in the United States, with interest rates high on the agenda.
Brent crude was down $1.01, or 1.2%, at $83.02 a barrel by 1027 GMT while...
Wednesday, 23 August 2023 01:44 WIB | Oil
Oil futures edged lower early Tuesday, unable to shake worries about China’s economic outlook and the implications for demand from the world’s second-largest crude consumer.
West Texas Intermediate crude for September delivery fell 18 cents, or 0.2%, to $80.54 a barrel on the New York...