Saturday, 20 April 2024
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MINYAK

WTI Crude Oil Rises on Fears of a Widening Mideast War While the IEA Lowers its Demand Forecast
Saturday, 13 April 2024 08:50 WIB | Oil

West Texas Intermediate (WTI) crude oil rose on Friday, supported by fears of a widening Middle East war as Iran is said to be readying a retaliatory attack on Israel even as the International Energy Agency lowered its demand forecast for this year. WTI crude oil for May delivery closed up...

Market Review Tuesday, April 9, 2024
Wednesday, 10 April 2024 10:01 WIB | Market update

Nikkei Tokyo stocks closed higher on Tuesday, helped by rallies in US tech shares and a stable dollar-yen exchange rate. The benchmark Nikkei 225 index added 1.08 percent, or 426.09 points, to 39,773.13 while the broader Topix index ended up 0.97 percent, or 26.37 points, at 2,754.69. Hang...

WTI Crude Oil Slips Again as Geopolitical Concerns Ease and the EIA Lowered its 2024 Demand-Growth Outlook
Wednesday, 10 April 2024 08:49 WIB | Oil

West Texas Intermediate crude oil slipped for a third-straight session on Tuesday as Middle East tensions ease slightly and the US Energy Information Administration lowered its 2024 demand-growth forecast. WTI crude for May delivery closed down US$1.20 to settle at US$85.23 per barrel. while June...

Market Review Monday, April 8, 2024
Tuesday, 9 April 2024 09:54 WIB | Market update

Nikkei Tokyo stocks ended higher on Monday as investors took heart from strong US jobs data and Israel's withdrawal of forces from the southern Gaza Strip. The benchmark Nikkei 225 index was up 0.91 percent, or 354.96 points, to end at 39,347.04, while the broader Topix index added 0.95 percent,...

Oil Heads for Second Weekly Gain on Tighter Supply Outlook
Saturday, 6 April 2024 01:04 WIB | Oil

Oil prices extended gains on Friday and were on course for a second weekly gain, supported by geopolitical tensions in the Middle East, concerns over tightening supply and expectations about demand growth as economies improve. Brent crude was up 36 cents, or 0.4%, to $91.01 a barrel by 1031 GMT....

Oil Heads For Second Weekly Gain On Geopolitical Tension, Supply Concerns
Friday, 5 April 2024 21:54 WIB | Oil

Oil prices extended gains on Friday and headed for a second weekly gain, supported by geopolitical tensions in Europe and the Middle East, concerns over tightening supply and optimism about global fuel demand growth as economies improve. Brent crude climbed 59 cents, or 0.7%, to $91.24 a barrel...

Oil Trading Lower Early Following OPEC+ Meeting, Surprise Rise in US Oil Inventories
Friday, 5 April 2024 02:45 WIB | Oil

Oil prices eased early on Thursday, edging off five-month highs after US inventories unexpectedly rose last week while OPEC+ kept its production quotas unchanged at a Wednesday meeting. West Texas Intermediate crude oil for May delivery was last seen down US$0.35 to US$85.08 per barrel, while...

Oil Prices Slip from Highs; Middle East Tensions, Steady OPEC Output Offer Support
Friday, 5 April 2024 00:16 WIB | Oil

Oil prices edged lower Thursday, retreating slightly from five-month highs after worsening geopolitical conditions in the Middle East presented more potential supply disruptions. At 05:55 ET (09:55 GMT), West Texas Intermediate crude futures fell 0.1% to $85.39 a barrel, while Brent oil futures...

Brent Oil Futures Above $89 as Supply Risks Intensify
Thursday, 4 April 2024 01:44 WIB | Oil

Oil prices were stable on Wednesday, as investors mulled supply risks stemming from ongoing Ukrainian attacks on Russian refineries and the potential for a widening of the Middle East conflict. Brent crude futures for June rose 16 cents, or 0.18%, to $89.08 per barrel at 0902 GMT, while U.S. West...

Oil Extends Gains As Geopolitical Supply Risks Intensify
Wednesday, 3 April 2024 21:51 WIB | Oil

Oil prices extended gains on Wednesday as investors eyed concerns around crude and fuel supplies, following Ukrainian attacks on Russian refineries and the potential for a widening of the Israel-Hamas war to more directly include Iran. Brent crude futures for June rose 17 cents, or 0.19%, to...

Brent Oil Price Hits Highest This Year On Fresh Supply Threats
Wednesday, 3 April 2024 02:30 WIB | Oil

Global oil benchmark Brent on Tuesday rose above $89 a barrel for the first time since October, albeit briefly, as oil supplies faced fresh threats from Ukranian attacks on Russian energy facilities and escalating conflict in the Middle East. Brent futures for June delivery were up $1.16, or...

Oil Gains On Expectations For Higher Demand And As Middle East Concerns Rise
Tuesday, 2 April 2024 21:53 WIB | Oil

Oil prices rose on Tuesday, underpinned by signs that demand may improve China and the U.S., the world's biggest oil consuming nations, and growing concerns of a widening conflict in the Middle East that could affect supply from region. Brent futures for June delivery rose 58 cents to $88 a...

Oil Steady After Quarterly Surge as Spotlight Stays on Demand
Tuesday, 2 April 2024 01:14 WIB | Oil

Oil was steady following a first-quarter increase that was driven by better-than-expected demand. West Texas Intermediate futures were near $83 a barrel, after surging 16% in the first three months of the year. Unexpectedly resilient oil demand in Europe has helped drive prices,...

Oil Rises as Investors Bet on Tighter Supply, China's Economy
Monday, 1 April 2024 21:47 WIB | Oil

Oil prices rose on Monday, adding to recent gains amid expectations of tighter supply from OPEC+ cuts, attacks on Russian refineries and as upbeat Chinese manufacturing data supported outlooks for improving demand. Brent crude rose 24 cents, or 0.3%, to $87.24 a barrel by 0649 GMT after rising...

Oil prices Advance on Tighter Supply Outlook
Friday, 29 March 2024 01:33 WIB | Oil

Oil prices firmed on Thursday, following two consecutive sessions of decline, as investors saw a tighter supply outlook ahead, while the OPEC+ producer alliance was widely expected to stay the course on its current production cuts. Brent crude futures for May were up 91 cents, or 1.1%, at $87 a...

Oil Prices Advance as Investors Reassess US Inventories Data
Thursday, 28 March 2024 22:26 WIB | Oil

Oil prices edged up on Thursday, following two consecutive sessions of decline, as investors reassessed the latest data on U.S. crude oil and gasoline inventories and returned to buying mode. Brent crude futures for May were up 40 cents, or 0.5%, at $86.49 a barrel while the more actively traded...

Oil Heads for Quarterly Advance as OPEC+ Holds the Line on Cuts
Thursday, 28 March 2024 17:32 WIB | Oil

Oil climbed to head for a solid quarterly gain on expectations OPEC+ supply cuts would tighten the global market. West Texas Intermediate futures rose to near $82 a barrel after a modest two-day drop, with Brent crude above $86. The US crude benchmark has risen 14% this year, with...

Oil Heads for Quarterly Advance as OPEC+ Holds the Line on Cuts
Thursday, 28 March 2024 14:14 WIB | Oil

Oil climbed to head for a solid quarterly gain on expectations OPEC+ supply cuts would tighten the global market. West Texas Intermediate futures rose toward $82 a barrel after a modest two-day drop, with Brent crude above $86. The US crude benchmark has risen 14% this year, with...

Oil Prices Slide on signs of Bumper Build in US Inventories
Thursday, 28 March 2024 02:51 WIB | Oil

Oil prices fell Wednesday after industry data showed a surprise, outsized build in U.S. crude stocks, challenging the notion of tighter markets in the near-term. At 09:00 ET (13:00 GMT), Brent oil futures expiring in May fell 0.8% to $85.55 a barrel, while West Texas Intermediate crude futures...

Oil Prices Fall for a Second Day as US Crude Inventories Increase
Wednesday, 27 March 2024 22:09 WIB | Oil

Oil prices fell for a second day on Wednesday after a report that crude stockpiles in the United States, the world's biggest oil user, surged and on signs major producers are unlikely to change their output policy at a technical meeting next week. Brent crude futures for May dropped 83 cents, or...


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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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...

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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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