Saturday, 20 April 2024
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MINYAK

Oil Retreats from Multi-Month Highs Ahead of Fed Decision
Thursday, 21 March 2024 01:12 WIB | Oil

Oil prices edged lower on Wednesday after hitting multi-month highs in the previous session, as investors braced for the U.S. Federal Reserve's interest rate policy announcement later in the day. Brent crude futures for May fell 62 cents, or 0.71%, to $86.76 a barrel by 1028 GMT. U.S. West Texas...


Oil Steadies as Focus Shifts to US Stockpiles and Fed’s Decision
Wednesday, 20 March 2024 17:32 WIB | Oil

Oil steadied after a two-day gain as an industry group flagged a fall in US crude stockpiles, and traders counted down to an interest-rate decision by the Federal Reserve that’ll shape the broader market tone. Brent was little changed above $87 a barrel after a 2.4% advance in the week’s...


Oil Steadies as Focus Shifts to US Stockpiles and Fed’s Decision
Wednesday, 20 March 2024 14:41 WIB | Oil

Oil steadied after a two-day gain as an industry group flagged a fall in US crude stockpiles, and traders counted down to an interest-rate decision by the Federal Reserve. Brent was little changed above $87 a barrel after a 2.4% advance in the week’s first two sessions lifted the benchmark...


Oil Prices Edge Down as Russia Lifts Supplies, Jet Fuel Demand Stirs Caution
Tuesday, 19 March 2024 17:12 WIB | Oil

Oil prices edged down early on Tuesday after gaining in the previous trading session, due in part to the prospect of rising supply from Russia as well as the possibility of slower-than-expected downstream demand in sectors such as jet fuel. The Brent crude oil futures contract for May delivery...


Oil Holds Gain With Russian Refining and OPEC+ Curbs to the Fore
Tuesday, 19 March 2024 14:21 WIB | Oil

Oil held a gain with continued Ukrainian drone attacks on Russian refineries and OPEC+ supply cuts in focus. Brent crude traded near $87 a barrel after a 1.8% rally on Monday to the highest close since late October. West Texas Intermediate was below $83. About 600,000 barrels of Russia’s...


Oil Pushes Higher as China Data Beats and Russian Refineries Hit
Monday, 18 March 2024 18:21 WIB | Oil

Oil ticked higher following the biggest weekly advance in a month as macro-economic data from China came in ahead of expectations, and Ukrainian attacks on Russian refineries heightened geopolitical risks. Global benchmark Brent rose toward $86 a barrel after gaining 4% last week, while West...


Oil Holds Weekly Advance After More Russian Refineries Attacked
Monday, 18 March 2024 15:04 WIB | Oil

Oil steadied after its biggest weekly advance in a month as Ukrainian attacks on Russian refineries heightened geopolitical risks. Global benchmark Brent traded above $85 a barrel after gaining 4% last week, while West Texas Intermediate was near $81. Drone strikes over the weekend...


Market Review Friday, March 15, 2024
Saturday, 16 March 2024 10:11 WIB | Market update

Nikkei Japanese stocks were mixed as oil near a four-month high lifted commodity-related firms on the Topix, while US rate concerns dragged down technology shares on the Nikkei 225.  Topix rose 0.3% to 2,670.80 as of market close in Tokyo. Nikkei 225 declined 0.3% to 38,707.64. Toyota...


WTI Crude Oil Closes Down From a Four-Month High on Profit Taking
Saturday, 16 March 2024 08:42 WIB | Oil

West Texas Intermediate (WTI) crude oil closed lower on Friday, dropping off from a four-month high set as the International Energy Agency warned it expects global inventories to tighten over this year due to OPEC+ production cuts. WTI crude for April delivery closed down US$0.22 to settle at...


Oil Holds Near Four-Month High as IEA Flip Forecast to Deficit
Friday, 15 March 2024 19:36 WIB | Oil

Oil held near a four-month high after the International Energy Agency forecast a supply deficit through 2024, changing its earlier projection of a surplus, on the premise OPEC+ maintains production cuts. Brent edged lower to near $85 a barrel after rising 4.3% over the previous two sessions....


Oil Holds Near Four-Month High as IEA Flips Forecast to Deficit
Friday, 15 March 2024 14:13 WIB | Oil

Oil held near a four-month high after the IEA forecast a supply deficit through 2024, changing its earlier projection of a surplus, on the premise OPEC+ maintains production cuts. Brent edged lower to near $85 a barrel after rising 4.3% over the previous two sessions. West Texas Intermediate...


Market Review Thursday, March 14, 2024
Friday, 15 March 2024 10:04 WIB | Market update

Nikkei Japanese stocks climbed for the first time in four days as energy and mining companies rose on higher commodity prices. Investors continue to assess whether the Bank of Japan will raise interest rates for the first time since 2007. Topix rose 0.5% to 2,661.59 as of 3 p.m. close in Tokyo....


WTI Closes Higher as the IEA Says Global Inventories Likely to Tighten This Year after OPEC+ Extended Cuts
Friday, 15 March 2024 08:33 WIB | Oil

West Texas Intermediate (WTI) crude oil closed at a four-month high on Thursday after the International Energy Agency (IEA) raised its 2024 oil-demand forecast, cut its supply outlook and said it expects global inventories to tighten for the entire year due to continuing production cuts from...


Oil Holds Biggest Gain in Five Weeks After US Stockpiles Decline
Thursday, 14 March 2024 18:51 WIB | Oil

Oil held the biggest gain in about five weeks after US crude stockpiles shrunk and Ukraine attacked another Russian refinery. West Texas Intermediate futures traded below $80 a barrel after jumping 2.8% on Wednesday. Brent was steady near $84 after posting the highest close in more than four...


Oil Holds Biggest Gain in Five Weeks After US Stockpiles Decline
Thursday, 14 March 2024 14:13 WIB | Oil

Oil held the biggest gain in about five weeks after US crude stockpiles shrunk and Ukraine attacked another Russian refinery. West Texas Intermediate futures traded below $80 a barrel after jumping 2.8% on Wednesday. Brent was steady near $84. US inventories dropped for the first time...


Market Review Wednesday, March 13, 2024
Thursday, 14 March 2024 09:56 WIB | Market update

Nikkei Japanese equities fell for a third day, after a number of wage hike reports from unions at companies such as Toyota added to speculation the Bank of Japan will increase borrowing costs at its policy meeting next week. Topix fell 0.3% to 2,648.51 at close in longest slump since Jan. 18....


WTI Crude Oil Rises as a Report Shows US Inventories Unexpectedly Fell Last Week
Thursday, 14 March 2024 08:37 WIB | Oil

West Texas Intermediate (WTI) crude oil closed up 2.8% on Wednesday after a report showed an unexpected drop in US oil inventories. WTI crude for April delivery closed up US$2.16 to settle at US$79.72 per barrel, while May Brent crude, the global benchmark, was last seen up US$2.00 to...


Oil Climbs as Industry Report Points to Falling US Stockpiles
Wednesday, 13 March 2024 18:01 WIB | Oil

Oil advanced after four days of losses as an industry report pointed to shrinking US crude stockpiles, offsetting wavering OPEC cuts. West Texas Intermediate futures rose to trade near $78 a barrel after falling 2% over the previous four sessions. Brent climbed above $82. The industry-funded...


Oil Climbs as Industry Report Points to Falling US Stockpiles
Wednesday, 13 March 2024 14:03 WIB | Oil

Oil advanced after four days of losses as an industry report pointed to shrinking US crude stockpiles, offsetting wavering OPEC cuts. West Texas Intermediate futures rose to trade near $78 a barrel after falling 2% over the previous four sessions. Brent climbed above $82. The industry-funded...


Market Review Tuesday, March 12, 2024
Wednesday, 13 March 2024 10:12 WIB | Market update

Nikkei Japanese stocks declined slightly, trimming much of their earlier losses as investors continue to assess clues from the Bank of Japan on whether it is preparing to end negative interest-rate policy as early as next week. Topix Index fell 0.4% to 2,657.24 as of 3:01 p.m. Tokyo time. Nikkei...



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...

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...

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...

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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