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MINYAK

Oil Steadies Ahead of OPEC Market Outlook With War Risks In View
Tuesday, 13 February 2024 19:14 WIB | Oil

Oil was steady ahead of a market outlook from OPEC, and as traders also monitored developments in the Israel-Hamas war. Brent traded above $82 a barrel after ending slightly lower on Monday, while West Texas Intermediate was near $77 after capping its longest run of daily gains since...

Oil Prices Near Flat as Demand Worries Offset Middle East Risk
Tuesday, 13 February 2024 15:33 WIB | Oil

Oil prices were little changed on Tuesday for a second straight day as uncertainty about the pace of potential U.S. interest rate cuts and the impact on fuel demand offset worries about Middle East tensions that could disrupt supply. Brent futures edged 1 cent lower $81.99 a barrel. U.S. West...

Market Review Monday, February 12, 2024
Tuesday, 13 February 2024 11:02 WIB | Market update

Nikkei Holiday Hang Seng The Third Day of Lunar New Year Gold Gold closed lower on Monday even as the dollar and treasury yields weakened ahead of US January inflation data coming tomorrow. Gold for April delivery closed down US$US$5.70 to US$2,033.00 per ounce. The drop comes ahead of...

Oil Falls After Weekly Gain as Iran Signals Gaza Talks Progress
Monday, 12 February 2024 17:58 WIB | Oil

Oil declined following last week’s advance after Iran’s foreign minister flagged the Israel-Hamas conflict could be moving closer to a diplomatic solution. Trading remained muted with many Asia markets closed for Lunar New Year holidays.  Brent fell as much as 0.8% to below...

Oil Falls After Weekly Gain as Iran Signals Gaza Talks Progress
Monday, 12 February 2024 14:05 WIB | Oil

Oil declined following last week’s advance after Iran’s foreign minister flagged the Israel-Hamas conflict could be moving closer to a diplomatic solution. Trading remained muted with many Asia markets closed for Lunar New Year holidays.  Brent fell as much as 0.8% to below...

Market Review Friday, February 9, 2024
Saturday, 10 February 2024 10:59 WIB | Market update

Nikkei Japan’s Topix fell, after fluctuating in a narrow range, as disappointing results from Nissan and Honda outweighed positive earnings from major companies such as SoftBank Group. The Nikkei 225 pared earlier gains. Topix fell 0.2% to 2,557.88 as of market close in Tokyo. Nikkei 225...

WTI Crude Oil Rises for a Fifth Day, Though Prices Remain Rangebound
Saturday, 10 February 2024 09:33 WIB | Oil

West Texas Intermediate (WTI) closed higher for a fifth-straight day on demand hopes and geopolitical worries, though prices failed to break out of the range it has traded within for months. WTI crude oil for March delivery closed up US$0.62 to settle at US$76.84 per barrel, while April Brent...

Oil Poised for Weekly Gain on Heightened Middle East Tensions
Friday, 9 February 2024 17:39 WIB | Oil

Oil headed for a weekly advance after Prime Minister Benjamin Netanyahu’s dismissal of a potential cease-fire in the Israel-Hamas war heightened risks in the Middle East. Brent crude traded below $82 a barrel, after climbing more than 3% on Thursday, the biggest daily jump in a...

Oil Heads for Weekly Gain on Heightened Middle East Tensions
Friday, 9 February 2024 13:58 WIB | Oil

Oil was poised for a weekly advance after Prime Minister Benjamin Netanyahu’s dismissal of a potential cease-fire in the Israel-Hamas war heightened risks in the Middle East.  West Texas Intermediate rose above $76 a barrel, after climbing more than 3% on Thursday as the...

Market Review Thursday, February 8, 2024
Friday, 9 February 2024 11:11 WIB | Market update

Nikkei Tokyo stocks surged Thursday, driven by gains in tech shares, while a fresh central bank comment about maintaining an easy monetary environment encouraged buyers. The benchmark Nikkei 225 index jumped 2.06 percent or 743.36 points to close at 36,863.28, while the broader Topix index added...

WTI Crude Oil Rises for a Fourth Day on Higher US Refined Product Demand and Mideast Tension
Friday, 9 February 2024 09:36 WIB | Oil

West Texas Intermediate (WTI) crude oil rose for a fourth-straight session on Thursday on signs of higher demand after the Energy Information Administration a day earlier said inventories of refined products fell despite a rise in crude oil stocks, while Mideast tensions continue. West Texas...

Oil Rises on Slim Progress in Gaza Peace Talks, Weaker Dollar
Thursday, 8 February 2024 18:22 WIB | Oil

Oil extended gains on Thursday after Israel rejected a ceasefire offer from Hamas, while a weaker dollar also supported prices. Brent crude futures rose 30 cents, or 0.4%, at $79.51 a barrel at 0400 GMT. U.S. West Texas Intermediate crude futures climbed 26 cents, or 0.4% to $74.12 a...

Oil Holds Three-Day Gain With Equities and Middle East in Focus
Thursday, 8 February 2024 13:55 WIB | Oil

Oil steadied after a three-day advance, with prices supported by gains in wider financial markets and lingering risks in the Middle East. West Texas Intermediate held below $74 a barrel after climbing 2.2% over three sessions, while Brent crude closed above $79....

Market Review Wednesday, February 7, 2024
Thursday, 8 February 2024 11:08 WIB | Market update

Nikkei Japanese equities were mixed, with the tech sector losing steam after Federal Reserve policymakers sounded cautious on the outlook for potential interest rate cuts this year, while positive earnings lent some support to the market. Topix Index rose 0.4% to 2,549.95 as of market close...

WTI Crude Oil Rises Again Despite Larger Than Expected Rise in US Inventories
Thursday, 8 February 2024 09:32 WIB | Oil

West Texas Intermediate (WTI) crude oil rose for a third-straight session on Wednesday even after a report showed US inventories rose more than expected last week . WTI crude for March delivery closed up US$0.55 to settle at US$73.86 per barrel, while April Brent crude, the global benchmark, was...

Oil Holds Two-Day Gain With Red Sea Risk Offset by US Stockpiles
Wednesday, 7 February 2024 17:31 WIB | Oil

Oil traded in a narrow range after two days of gains as geopolitical risk in the Middle East was partially offset by a report showing stockpiles expanding in the US. Brent crude approached $79 a barrel after climbing 1.6% over the previous two sessions, while West Texas Intermediate was near...

Oil Holds Two-Day Gain as Red Sea Risk Offset by US Stockpiles
Wednesday, 7 February 2024 13:56 WIB | Oil

Oil was steady after a two-day gain with the markets weighing geopolitical risk in the Middle East against a report showing stockpiles expanding in the US. West Texas Intermediate traded above $73 a barrel after climbing 1.4% over the previous two sessions, while global benchmark Brent...

Market Review Tuesday, February 6, 2024
Wednesday, 7 February 2024 10:56 WIB | Market update

Nikkei Japanese stocks declined as investors evaluate strong US service-industry data and hawkish signals from the Federal Reserve. Disappointing earnings from Mitsubishi UFJ Financial Group, Mitsubishi Electric and Omron offset positive ones from Toyota and Mitsubishi Heavy...

WTI Crude Oil Closes Higher as the EIA Sees Falling Inventories and Lower US Oil Production
Wednesday, 7 February 2024 09:35 WIB | Oil

West Texas Intermediate (WTI) crude oil closed higher on Tuesday, climbing for a second day as the Energy Information Administration said it sees oil inventories falling in the current quarter on OPEC+ cuts and US production will drop from record levels. WTI crude oil for March delivery closed up...

Oil Steady as Middle East Risks Offset by Hawkish Fed Comments
Tuesday, 6 February 2024 13:53 WIB | Oil

Oil held a modest advance as the market weighed geopolitical risks in the Middle East against hawkish comments from the Federal Reserve.  West Texas Intermediate traded below $73 a barrel after rising 0.7% on Monday in a session that also saw it rebound from a three-week low, with Brent...


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...

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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...

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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...

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S&P 500 Rises as It Tries to Recover from a 4-Day Losing Streak
Thursday, 18 April 2024 23:24 WIB

The S&P 500 advanced on Thursday as Wall Street attempted to recover its footing amid a losing streak for the benchmark index. Investors also...

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