Friday, 19 April 2024
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MINYAK MENTAH WTI

WTI Crude Oil Closes Higher as US Inventories Rise Less than Expected
Friday, 23 February 2024 09:30 WIB | Oil

West Texas Intermediate (WTI) crude oil closed higher on Thursday after US oil inventories less than expected.. WTI crude for April delivery closed up US$0.70 to settle at US$78.61 per barrel, while April Brent crude, the global benchmark, was last seen up US$0.57 to US$83.60. Prices fell early...


WTI Crude Oil Closes With a Loss Amid Volatile Trading
Saturday, 16 December 2023 09:30 WIB | Oil

West Texas Intermediate (WTI) crude oil closed lower on Friday amid volatile trading. WTI crude for January delivery closed down US$0.15 to settle at US$72.13, after trading between US$70.30 and US$72.22. February Brent crude, the global benchmark, was last seen down US$0.08 to US$76.53. The...


Oil Prices Mixed; OPEC+ Meeting Likely in Focus
Monday, 20 November 2023 15:39 WIB | Oil

Oil prices are mixed in the morning Asian session, with some focus on OPEC+ group's meeting later this month. Saudi Arabia and Russia will likely roll over their additional voluntary production reductions into early 2024, ING commodities strategists say in a research note. But, it's less clear...


Oil prices stable amid flurry of weak economic data
Wednesday, 25 October 2023 01:28 WIB | Oil

Oil prices were stable on Tuesday following the previous session's dip after a flurry of economic data from Germany, the wider euro zone and Britain sketched a bearish picture which could weigh on oil demand. Brent crude futures were up 41 cents, or 0.5%, at $90.24 a barrel by 1122 GMT, while...


Oil Holds Nine-Month High as Investors Wait for Inflation Data
Thursday, 10 August 2023 20:19 WIB | Oil

Oil held gains near the highest level in almost nine months ahead of key US inflation data, as traders weighed the potential for tightening supply should hostilities between Russia and Ukraine escalate. West Texas Intermediate futures traded near $84 a barrel after climbing 3% over the...


Oil Edges Higher Ahead of US Data on Outlook, Crude Stockpiles
Tuesday, 8 August 2023 14:27 WIB | Oil

Oil edged higher ahead of US figures on the outlook and stockpiles as the global market tightens amid OPEC+ supply cuts. West Texas Intermediate rose above $82 a barrel after closing 1.1% lower on Monday. The Energy Information Administration will release its monthly Short-Term...


Oil prices up on China economic support pledge, tighter supply
Thursday, 20 July 2023 00:29 WIB | Oil

Global oil prices rose on Wednesday, boosted by China’s pledge to support economic growth, tighter supply from Russia and on lower weekly U.S. crude oil inventories. Brent futures rose 40 cents, or 0.5%, to $80.06 a barrel, while U.S. West Texas Intermediate crude was up 23 cents, or 0.3%, to...


Oil Steadies as US Inflation Eases and IEA Sees Record Demand
Friday, 14 July 2023 02:42 WIB | Oil

Oil steadied near the highest since April as softening US inflation prompted optimism the Federal Reserve’s rate-hiking cycle may be nearing an end, improving the demand outlook.  Global benchmark Brent held near $80 a barrel after trading above that level on Wednesday for the first...


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...


U.S. oil futures settle below $80, at lowest in more than a week
Tuesday, 11 April 2023 08:43 WIB | Energy

Oil futures declined on Monday, with U.S. prices settling below $80 a barrel — at their lowest in more than a week. “Most energy traders are still on the sidelines until we get a clearer picture on the global growth outlook,” said Edward Moya, senior market analyst at OANDA. May West Texas...


Oil ticks higher as investors weigh China demand outlook
Wednesday, 18 January 2023 02:16 WIB | Energy

Oil futures rose Tuesday as investors assessed data confirming a sharp slowdown in China’s economic growth last year, while looking ahead to a pickup in crude demand as the country unwinds its strict COVID-19 restrictions. West Texas Intermediate crude for February delivery rose 32 cents, or...


Oil Retreats After China Pledges to Stick With Covid Zero Policy
Monday, 7 November 2022 16:10 WIB | Energy

Oil fell after China signaled no relaxation of its Covid Zero stance, setting back the outlook for consumption in the largest crude importer. West Texas Intermediate sank below $91 a barrel, after surging more than 5% last week as speculation about a potential pivot in China’s health strategy...


Minyak Bertahan Dekat Tertinggi Tujuh Tahun Jelang Rapat OPEC+
Thursday, 3 February 2022 01:08 WIB | Energy

Minyak bertahan stabil menjelang pertemuan OPEC+ yang mungkin mendukung kenaikan moderat lainnya dalam produksi, dengan para pedagang berspekulasi bahwa kenaikan aktual yang disampaikan bisa lagi gagal dari target utama. Minyak West Texas Intermediate sedikit berubah mendekati level tertinggi...


Minyak Bertahan DekatTertinggi Tujuh Tahun Jelang Rapat OPEC+
Thursday, 3 February 2022 01:08 WIB | Energy

Minyak bertahan stabil menjelang pertemuan OPEC+ yang mungkin mendukung kenaikan moderat lainnya dalam produksi, dengan para pedagang berspekulasi bahwa kenaikan aktual yang disampaikan bisa lagi gagal dari target utama. Minyak West Texas Intermediate sedikit berubah mendekati level tertinggi...


Badai Ida Menghantam Anjungan Minyak Mentah AS, Harga Minyak Menguat
Monday, 30 August 2021 16:19 WIB | Energy

Harga minyak naik sekitar 1% pada hari Senin setelah badai kuat melanda Teluk Meksiko, memaksa penutupan dan evakuasi ratusan anjungan minyak lepas pantai. Minyak mentah Brent naik 84 sen atau 1,2% pada $73,54 per barel pada pukul 00:01 GMT, setelah naik lebih dari 11% pada minggu lalu untuk...



Fed's Powell: Restrictive Policy Needs Further Time to Work
Wednesday, 17 April 2024 00:53 WIB

Federal Reserve (Fed) Chairman Jerome Powell participates in a fireside chat about economic trends in North America at the Wilson Center's...

New US Home Construction Falls to Lowest Level Since August
Tuesday, 16 April 2024 19:46 WIB

New home construction in the US slowed last month as consumers try to wait out high mortgage rates in hopes borrowing costs will ease later this...

S&P 500 Closes Lower As Powell Warns Rates Need To Stay High, Dow Snaps 6-Day Losing Streak
Wednesday, 17 April 2024 03:10 WIB

The S&P 500 wavered on Tuesday after Federal Reserve chair Jerome Powell said interest rates may need to stay elevated. The broad index lost...

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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