Friday, 29 March 2024
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--

BRENT OIL

Oil Steady After U.S. Debt Deal but Rate Hike Worries Linger
Monday, 29 May 2023 23:25 WIB | Energy

Oil prices were steady on Monday after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world's largest economy and oil consumer, but concerns about further interest rate hikes capped gains. Brent crude futures climbed 14 cents, or 0.2%, to $77.09 a barrel by...


Oil Holds Decline as Investors Digest Moscow’s Message on OPEC+
Friday, 26 May 2023 16:17 WIB | Energy

Oil was steady after falling more than 3% on Thursday as Russia suggested OPEC+ wasn’t likely to change production levels at its next meeting, and investors tracked talks to avoid a catastrophic US default. West Texas Intermediate traded below $72 a barrel after Thursday’s tumble...


Oil Holds Decline as Investors Digest Moscow’s Message on OPEC+
Friday, 26 May 2023 13:42 WIB | Energy

Oil was steady after falling more than 3% on Thursday as Russia suggested OPEC+ wasn’t likely to change production levels at its next meeting, and investors tracked negotiations to avoid a US default. West Texas Intermediate traded below $72 a barrel after Thursday’s tumble wiped...


Oil Holds Gains as US Stockpile Draw Counters Debt-Deal Tensions
Thursday, 25 May 2023 17:14 WIB | Energy

Oil held a three-day gain after a big draw in US stockpiles and warning from Saudi Arabia aimed at short-sellers, with crude finding support even as tensions ticked higher over the US debt-ceiling impasse. West Texas Intermediate traded above $74 a barrel after rallying by nearly 4%...


Oil Holds Gains as US Stockpile Draw Counters Debt-Deal Tensions
Thursday, 25 May 2023 13:44 WIB | Energy

Oil held a three-day gain after a big draw in US stockpiles and stark warning from Saudi Arabia aimed at short-sellers, with crude finding support even as tensions over the US debt-ceiling impasse rattled markets. West Texas Intermediate traded above $74 a barrel after rallying by...


Oil Prices Rise $1 on Concerns Over Tightening Supply
Wednesday, 24 May 2023 17:23 WIB | Energy

Oil prices gained over $1 on Wednesday after U.S. inventories and fuel supplies tightened and as a warning from the Saudi energy minister to speculators raised the prospect of further OPEC+ output cuts. Brent crude futures last rose 68 cents, or 0.9%, to $77.52 a barrel by 0330 GMT, while the...


Oil Rises for Third Day as Saudis Tell Short Sellers ‘Watch Out’
Wednesday, 24 May 2023 13:45 WIB | Energy

Oil rose for a third session after Saudi Arabia issued a warning to short-sellers, suggesting OPEC+ might cut output to buoy prices. West Texas Intermediate climbed toward $74 a barrel after adding almost 2% over the previous two days. Saudi Arabian Energy Minister Prince Abdulaziz bin...


Oil Extends Gains on Higher Gasoline Demand, Tighter Supply
Tuesday, 23 May 2023 17:43 WIB | Energy

Oil prices continued to climb on Tuesday with investors expecting a tighter market led by a seasonal rise in gasoline demand and supply cuts from OPEC+ producers, though concerns over the risk of a U.S. debt default capped gains. Brent crude futures rose 28 cents, or 0.37%, to $76.27 a barrel by...


Oil Edges Higher as Traders Track Talks to Head Off US Default
Tuesday, 23 May 2023 13:40 WIB | Energy

Oil rose after US House Speaker Kevin McCarthy said he and President Joe Biden had a productive talk to solve the debt-limit impasse, although a deal to avert a potentially catastrophic default has yet to be struck. West Texas Intermediate for July rose above $72 a barrel after that...


Oil Slips as U.S. Debt Caution Offset Supply Concerns
Monday, 22 May 2023 18:00 WIB | Energy

Oil prices slipped on Monday as caution around the U.S. debt ceiling talks and concerns about demand recovery in China offset support from lower supplies from Canada and OPEC+ producers. Brent crude futures fell 48 cents, or 0.6%, to $75.10 a barrel by 0201 GMT while U.S. West Texas Intermediate...


Oil Steadies After Loss as US Debt Talks Take Center Stage
Monday, 22 May 2023 14:13 WIB | Energy

Oil steadied after a two-day drop as investors tracked stop-start negotiations in the US to strike a deal on the debt ceiling. Brent crude was little changed below $76 a barrel after losing almost 2% over the prior two sessions. President Joe Biden and House Speaker Kevin McCarthy will...


Oil Prices End Lower as Risk Aversion Simmers
Saturday, 13 May 2023 08:42 WIB | Energy

US crude futures drop 1.2% to end the day $70.04 a barrel, and finish with a 1.8% weekly decline, the market's fourth consecutive weekly drop. Prices saw plenty of ups and downs this week as investors initially were bullish on the commodity following last Friday's blockbuster US jobs report for...


Oil Down Over 1% on U.S. Crude Build; Govt. Mum on Reserves Refill
Thursday, 11 May 2023 08:52 WIB | Energy

Oil prices were down more than 1% on Wednesday after data showed a surprise weekly build in U.S. crude stockpiles and as the government remained mum about refilling the national reserve contrary to media reports a day ago that a decision had been reached. New York-traded West Texas Intermediate,...


Oil Extends Gains Amid Fewer Recession, Banking Contagion Headlines
Tuesday, 9 May 2023 08:40 WIB | Energy

Crude futures extended their gains, rising almost 3% in Monday’s session which added to Friday’s 4% rally, as fewer headlines on the specter of a U.S. recession spurred greater technical recovery and risk-taking in oil markets battered over the past three weeks by worries over the economy and...


Oil Rebounds After Slumping 10% This Week on Demand Concern
Friday, 5 May 2023 23:15 WIB | Energy

Oil rose but the benchmark is still headed for a weekly loss of almost 10% as the outlook for demand faltered amid an uncertain global economic outlook.  West Texas Intermediate advanced above $69 a barrel on Friday. The US crude benchmark is still down for a third week in its...


Oil Drops as Product Prices, Chinese Data Highlight Weak Demand
Wednesday, 3 May 2023 00:36 WIB | Energy

Oil prices slid as concerns over short-term demand, including weaker-than-expected Chinese manufacturing data, outweighed expectations for tight supply later in the year. West Texas Intermediate fell 0.5% toward $75 a barrel after a 1.5% drop on Monday. China’s export-tilted...


Oil Extends Second Weekly Drop on Concerns Over China Recovery
Monday, 1 May 2023 22:06 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 fell 1.6%, after strong US company earnings helped to pare a weekly drop on Friday....


Oil Steadies After Demand Fears Wipe Out Gains From OPEC+ Cut
Thursday, 27 April 2023 23:31 WIB | Energy

Oil steadied as traders took stock following a two-day slump, amid persistent concerns over demand as the global economy falters. West Texas Intermediate futures traded above $74 a barrel, having erased all of the gains since key OPEC+ nations announced surprise output cuts at the start of...


Oil Rises From Three-Week Low as Demand Outlook Remains in Focus
Wednesday, 26 April 2023 23:19 WIB | Energy

Oil edged higher from the lowest closing level in over three weeks even as investors considered the outlook for global demand amid concerns over the health of the economy.  West Texas Intermediate futures rose toward $78 a barrel after dropping 2.2% on Tuesday, while US equity...


Oil Slips on Economic Uncertainty, Despite China Hopes
Wednesday, 26 April 2023 02:14 WIB | Energy

Oil slipped on Tuesday after two sessions of gains as uncertainty about the global economic outlook and a firmer dollar countered investor optimism about demand in China and expectations of a drop in U.S. crude inventories. The dollar rose as worries about corporate earnings and the outlook for...



S&P 500 Rises Slightly, Tries to Recover from Back-to-Back Losses
Tuesday, 26 March 2024 20:38 WIB

U.S. stocks rose slightly Tuesday, as investors tried to resume the rally that took equities to record highs after a decline in the previous...

Market Review Tuesday, March 26, 2024
Wednesday, 27 March 2024 03:31 WIB

Nikkei Tokyo stocks ended flat on Tuesday as investors held out hope for gains in semiconductor-related shares while locking in profits after...

European stocks close slightly higher; Tui shares up 5%, Maersk falls 2.6%
Wednesday, 27 March 2024 00:11 WIB

European markets closed higher Tuesday as investors continue to ponder last week's central bank policy decisions in Europe and the U.S. The...

US Durable Goods Orders Rise for First Time in Three Months
Tuesday, 26 March 2024 19:41 WIB

New orders placed with US factories for durable goods rose in February for the first time in three months, suggesting firms are somewhat optimistic...

Minyak Hang Seng China Enterprises Fiskal & Moneter Ekonomi Global Harga Konsumen mata uang yen Japan Topix PMI AS china H-share Yuan Euro Asia Euro Stoxx 50 Indeks ICE dollar U.S.Unemployment