Saturday, 20 April 2024
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--

MINYAK MENTAH

Oil Climbs Almost 3% as Recession Fears Begin to Fade
Tuesday, 9 May 2023 01:57 WIB | Energy

Oil rose almost 3% on Monday as U.S. recession fears eased and some traders took the view that crude's recent price slide was overdone with three straight weekly declines for the first time since November. A healthy U.S. jobs report for April helped oil to climb by about 4% on Friday even though...

Oil Ticks Up, but Set for Third Week of Losses Over Demand Concerns
Friday, 5 May 2023 17:08 WIB | Energy

Oil prices rose slightly in Asian morning trade on Friday, but were set for a third straight week of losses after markets witnessed dramatic drops on fears of a weakening U.S. economy and slowing Chinese demand. Brent crude rose 30 cents, or 0.4%, to $72.80 a barrel at 0250 GMT, while U.S. West...

Oil Set for Worst Run This Year as Recession Fears Rattle Market
Friday, 5 May 2023 13:41 WIB | Energy

Oil headed for a third straight weekly decline, the longest losing run this year, as slowdown concerns and turmoil in the US banking sector prompted investors to flee from risk. West Texas Intermediate edged higher toward $69 a barrel on Friday, but the US crude benchmark has still...

Oil’s Chaotic Selloff Worsens With Collapse to Lowest Since 2021
Thursday, 4 May 2023 14:09 WIB | Energy

Oil tumbled to the lowest level since 2021 after a chaotic opening in Asia as weak demand data from the US added to concerns that the global economy is set for a recession. West Texas Intermediate futures tanked as much as 7.2% at the start of trading, before paring losses, as Brent...

Oil Steadies After Collapsing by 5% as Demand Concerns Escalate
Wednesday, 3 May 2023 17:07 WIB | Energy

Oil steadied in Asia after tumbling 5% on Tuesday as data pointed to a possible US recession and investors shunned risk assets. Brent held above $75 a barrel after closing at the lowest in more than five weeks. Crude fell along with other commodities as figures showed a cooling US labor...

Oil Steadies After Slumping 5% as Demand Concerns Escalate
Wednesday, 3 May 2023 13:50 WIB | Energy

Oil steadied in Asia after tumbling more than 5% on Tuesday as data pointed to a possible US recession and investors shunned risk assets. West Texas Intermediate traded near $72 a barrel after closing at the lowest in more than five weeks. Crude fell along with other commodities as...

Oil Holds Decline Amid Concerns Over Outlook for Chinese Demand
Tuesday, 2 May 2023 17:57 WIB | Energy

Oil held a loss as concerns over China’s economic outlook and caution in financial markets spurred by a banking crisis dominated sentiment. West Texas Intermediate held below $76 a barrel after dropping 1.5% on Monday. China’s recovery remains patchy with recent data...

Oil Holds Loss Amid Concerns Over Chinese Demand, Banking Woes
Tuesday, 2 May 2023 13:50 WIB | Energy

Oil held a loss as concerns over China’s economic outlook and caution in financial markets spurred by a banking crisis dominated sentiment. West Texas Intermediate traded near $75 a barrel after dropping 1.5% on Monday. China’s recovery remains patchy with recent data...

Oil Extends Second Weekly Drop on New China Recovery Concerns
Monday, 1 May 2023 19:11 WIB | Energy

Oil extended two weeks of losses after data from China reignited concerns about a patchy recovery in the world’s biggest crude importer.  West Texas Intermediate futures declined 0.8%, after rallying 2.7% on Friday on the back of strong US company earnings to pare a weekly...

Oil Extends Second Weekly Drop on New China Recovery Concerns
Monday, 1 May 2023 14:29 WIB | Energy

Oil extended two weeks of losses after data from China reignited concerns about a patchy recovery in the world’s biggest crude importer.  West Texas Intermediate futures slipped 0.7%, after rallying 2.7% on Friday on the back of strong US company earnings to pare a weekly decline....

Oil Prices Finish Higher as Traders Eye Demand Prospects
Friday, 28 April 2023 08:31 WIB | Energy

Oil futures finished higher on Thursday as traders weighed support from a second straight weekly decline in U.S. crude inventories against pressure from worries about the outlook for energy demand. The Energy Information Administration on Wednesday reported a weekly decline of 5.1 million barrels...

Oil Prices End at 4-Week-Low on Recession Fears
Thursday, 27 April 2023 08:35 WIB | Energy

US crude prices finish sharply lower after a volatile trading day, settling down 3.6% at $74.30 a barrel, the lowest closing price since March 29. Crude prices began the NY session lower amid rising risk aversion and worries about a recession, only to rebound into positive territory mid-morning...

Oil Prices Settle with a Loss of more than 2%
Wednesday, 26 April 2023 08:32 WIB | Energy

Oil futures ended more than 2% lower on Tuesday, with concerns over the outlook for energy demand in focus. Energy traders aren't buying this dip in prices "until they have clear signs that the sky has stopped falling," said Edward Moya, senior market analyst at OANDA. "Concerns about China's...

Oil prices settle higher on optimism about fuel demand in China
Tuesday, 25 April 2023 08:50 WIB | Energy

Oil prices settled higher on Monday, reversing losses as investors grew optimistic that holiday travel in China would boost fuel demand in the world's largest oil importer. Brent crude settled up $1.07, or 1.3%, at $82.73 a barrel while U.S. West Texas Intermediate crude settled up 89 cents, or...

Oil Gains after IEA Sees Demand Rising to Record High
Saturday, 15 April 2023 01:25 WIB | Energy

Oil prices rose on Friday after the West’s energy watchdog said it expected global demand to rise to a record high this year on the back of a recovery in Chinese consumption. The International Energy Agency (IEA) also warned that output cuts announced by OPEC+ producers could exacerbate an oil...

Oil Stable as Market Weighs Tight Supply Against U.S. Recession Risk
Friday, 14 April 2023 01:52 WIB | Energy

Oil prices were stable on Thursday as the market weighed the prospect of tight supply against possible recession in the United States, the world's largest oil consumer. Brent crude edged down 22 cents, or 0.25%, to $87.11 a barrel by 1152 GMT. U.S. West Texas Intermediate (WTI) slipped 20 cents,...

Oil Steadies as Market Awaits Key U.S. Inflation Data
Thursday, 13 April 2023 01:38 WIB | Energy

Oil prices steadied Wednesday as the market waited for U.S. inflation data later in the day that will likely influence the Federal Reserve’s policy on interest rate hikes. Brent crude gained 14 cents, or 0.2%, to $85.75 a barrel by 0917 GMT, while U.S. West Texas Intermediate rose 10 cents, or...

Oil Rises on China Stimulus Expectations, Weaker Dollar
Tuesday, 11 April 2023 22:39 WIB | Energy

Oil prices rose on Tuesday on expectations of potential economic stimulus by China, healthy demand in the rest of Asia and a drop in U.S. crude stockpiles. Brent crude futures rose 63 cents, or 0.8%, to $84.81 a barrel at 0840 GMT, while U.S. West Texas Intermediate futures gained 68 cents, or...

Oil on Track for Third Straight Weekly Gain after OPEC+ Production Cuts
Friday, 7 April 2023 01:44 WIB | Energy

Oil futures hovered near unchanged early Thursday, remaining on track to finish a holiday-shortened week with strong gains after Saudi Arabia and its OPEC+ allies last weekend unexpectedly announced a round of production cuts. Most U.S. markets will be closed for the Good Friday holiday. West...

Oil Ticks Lower ahead of U.S. Inventory Data
Thursday, 6 April 2023 01:27 WIB | Energy

Oil futures drifted lower early Wednesday, steadying after sharp gains that followed a round of unexpected OPEC+ production cuts last weekend, as traders weigh worries over the economic outlook against signs of further inventory declines in the U.S. West Texas Intermediate crude for May delivery...


Market Review Wednesday, April 17, 2024
Thursday, 18 April 2024 03:20 WIB

Nikkei Japanese stocks fell, marking their biggest three-day drop since October, as investors continued to be on watch for any risk of currency...

Read More
S&P 500 And Nasdaq Close Lower For A Fourth Straight Day As Nvidia Shares Slide
Thursday, 18 April 2024 03:14 WIB

The S&P 500 dropped for a fourth consecutive session on Wednesday, as Nvidia and other struggling technology names put downward pressure on the...

Read More
US Equity Indexes Decline Amid Quarterly Earning Reports
Wednesday, 17 April 2024 23:20 WIB

US equity indexes slipped as the earnings onslaught continued and government bond yields fell with crude oil after midday on Wednesday. The S&P...

Read More
S&P 500 rises on Wednesday as it tries to snap a 3-day losing streak
Wednesday, 17 April 2024 20:44 WIB

U.S. stocks rose Wednesday after the S&P 500 notched its third straight day of losses, as the corporate earnings season ramped up. The broad...

Read More
Non-Farm Employment Yellen Natural Gas U.S.Unemployment Rubel, Testimoni california WHO MSCI Ifo Nikkei Futures Euro Nikkei Stock Average Yuan Saham Tokyo US Jobless Claims