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BRENT

Oil Climbs 3% As Dollar Slips And EU Ban Looms
Saturday, 5 November 2022 02:29 WIB | Commodity

Oil rose by more than 3% on Friday as the dollar eased, with an EU ban on Russian oil looming large and investors weighing the prospects for an easing of China's COVID curbs. Though fears of global recession capped gains, Brent crude futures were up $3.29, or 3.48%, at $97.96 a barrel by 1203...


Oil Falls As Fed Rate Hike Raises Fuel Demand Concerns
Friday, 4 November 2022 01:38 WIB | Commodity

Oil slipped on Thursday as an increase to U.S. interest rates pushed up the dollar and heightened fears of a global recession that would crimp fuel demand, though losses were capped by concern over tight supply. Brent crude dropped by $1.19, or 1.2%, to $94.97 a barrel by 1135 GMT while U.S. West...


Oil Up More Than 1% As Weaker Dollar Offsets China COVID-19 Concerns
Tuesday, 1 November 2022 23:11 WIB | Commodity

Oil prices rose more than 1% on Tuesday, paring losses from the previous session, as a weaker U.S. dollar offset widening COVID-19 curbs in China that have stoked fears of slowing fuel demand in the world's second-largest oil consumer. Brent crude for January delivery rose $1.53, or 1.7%, to...


Crude Oil Lower; Slowing Chinese Business Activity Weighs
Tuesday, 1 November 2022 02:57 WIB | Commodity

Oil prices fell Monday as weak Chinese factory activity data raised fears about economic growth, and thus crude demand, at the world’s largest oil importer. By 09:00 ET (13:00 GMT), U.S. crude futures traded 1.8% lower at $86.35 a barrel, while the Brent contract fell 1.3% to $92.51. China’s...


Oil Declines Over $1 On China COVID Curbs, Weak Factory Activity Data
Monday, 31 October 2022 22:39 WIB | Commodity

Oil prices fell over $1 on Monday following weaker-than-expected factory activity data out of China and on concerns its widening COVID-19 curbs will curtail demand. Brent crude futures dropped $1.10, or 1.2%, to $94.67 a barrel by 0710 GMT, after slipping 1.2% on Friday. U.S. West Texas...


Oil Prices Stable As Rising U.S. Crude Stocks Balance Supply Concerns
Wednesday, 26 October 2022 23:26 WIB | Commodity

Oil prices were broadly stable on Wednesday, moving in and out of negative territory after industry data showed U.S. crude stockpiles rose more than expected, though supply concerns and a weaker dollar gave support. Brent crude futures for December were down 4 cents, or 0.04%, to $93.48 a barrel...


Oil Fluctuates After Choppy Week as Slowdown Concerns Linger
Friday, 21 October 2022 16:09 WIB | Energy

Oil fluctuated on Friday after a volatile week as concerns over a global economic slowdown continue to hang over the market. West Texas Intermediate traded near $85 a barrel after closing little changed on Thursday. Investors are juggling slowdown fears against signs of oil market...


Oil Set to Eke Out Second Weekly Loss as Slowdown Fears Linger
Friday, 21 October 2022 14:18 WIB | Commodity

Oil headed for a second weekly loss after a volatile period of trading as concerns over a global economic slowdown hang over the market. West Texas Intermediate futures were little changed near $84 a barrel in early Asian trading on Friday. Investors are juggling slowdown fears against...


Oil Extends Gains as China Debates Quarantine Cuts for Travelers
Thursday, 20 October 2022 19:38 WIB | Commodity

Oil advanced as Chinese officials debate easing some Covid rules, a policy that has weighed on its economy and energy demand. West Texas Intermediate for December rose as much as 1.5% to trade above $85 a barrel after gaining 3% on Wednesday. China’s bureaucrats...


Oil Holds Gains as Market Shrugs Off US Measures to Tame Prices
Thursday, 20 October 2022 14:11 WIB | Commodity

Oil held gains as the market shrugged off measures from US President Joe Biden to tame rising energy prices that have fueled inflation. West Texas Intermediate for December traded near $85 a barrel after rising 3% on Wednesday. Biden confirmed the release of 15 million barrels from...


Oil Advances From Two-Week Low on Lingering Supply Concerns
Wednesday, 19 October 2022 19:16 WIB | Commodity

Oil climbed from a two-week low on concerns that the European Union’s latest sanctions on Russian fuel could exacerbate the market tightness that the US is trying to alleviate with additional sales.  West Texas Intermediate rose as much as 1.6%, after dropping 7% in the previous...


Oil Advances From Two-Week Low on Lingering Supply Concerns
Wednesday, 19 October 2022 14:09 WIB | Commodity

Oil climbed from a two-week low on concerns that the European Union’s latest sanctions on Russian fuel could exacerbate the market tightness that the US is trying to alleviate with additional sales.  West Texas Intermediate rose as much as 1.6%, after dropping 7% in the previous...


Oil Prices Rise On Softer U.S. Dollar, Supply Woes
Tuesday, 18 October 2022 19:18 WIB | Commodity

Oil prices climbed on Tuesday, bolstered by a weaker U.S. dollar and supply woes, although gains were capped by the spectre of lower fuel demand from China as it persists with its stringent zero-COVID policy. Brent crude futures rose 74 cents, or 0.8%, to $92.36 per barrel by 0505 GMT, while U.S....


Oil Edges Higher as Tight Supply Vies With Slowdown Concerns
Tuesday, 18 October 2022 14:13 WIB | Commodity

Oil rose after Monday’s choppy session as investors weighed signs of a tight market against concerns over a global economic slowdown. West Texas Intermediate inched toward $86 a barrel after closing 0.2% lower on Monday. While time spreads are signaling tightness ahead of OPEC+...


Oil Edges Higher After Weekly Loss as Slowdown Hangs Over Market
Monday, 17 October 2022 19:05 WIB | Commodity

Oil clawed back some losses after a weekly slump as fears over an economic slowdown continue to weigh on the outlook for demand. West Texas Intermediate futures traded above $86 a barrel after sliding almost 4% on Friday. In a speech Sunday opening the 20th Communist Party congress, Chinese...


Oil Edges Higher After Weekly Loss as Slowdown Hangs Over Market
Monday, 17 October 2022 14:04 WIB | Commodity

Oil clawed back some losses after a weekly slump as fears over an economic slowdown continue to weigh on the outlook for demand. West Texas Intermediate futures traded above $86 a barrel after sliding almost 4% on Friday. In a speech Sunday opening the 20th Communist Party congress, Chinese...


Oil Gains as IEA Warns OPEC+ Cuts Could Cause Prices to Spike
Thursday, 13 October 2022 22:12 WIB | Energy

Oil edged higher in volatile trading as the market weighed the risk of a global economic slowdown against support from output cuts by key producers. West Texas Intermediate reversed an earlier drop to trade near $88 a barrel. The International Energy Agency warned that production cuts agreed...


Oil Heads for Longest Losing Run Since 2021 on Slowdown Concerns
Thursday, 13 October 2022 20:34 WIB | Energy

Oil fell for a fourth day, set for the longest losing run in more than a year, as investors fretted that a global slowdown would hurt energy consumption and an industry report pointed to a major build in US inventories. West Texas Intermediate fell toward $87 a barrel following a drop...


Oil Steadied as Slowdown Concerns Take Center Stage
Thursday, 13 October 2022 19:14 WIB | Energy

Oil steadied after three days of declines as investors weighed a hawkish set of minutes from the Federal Reserve and an industry report that pointed to a substantial build in US crude inventories. West Texas Intermediate traded above $87 a barrel, holding a drop of almost 6% over the...


Oil Holds Three-day Slump as Slowdown Concerns Take Center Stage
Thursday, 13 October 2022 14:35 WIB | Energy

Oil steadied after three days of declines as investors weighed a hawkish set of minutes from the Federal Reserve and an industry report that pointed to a substantial build in US crude inventories. West Texas Intermediate was little changed near $87 a barrel, holding a drop of almost 6% over the...



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...

Market Review Monday, March 25, 2024
Tuesday, 26 March 2024 03:31 WIB

Nikkei Tokyo stocks closed lower on profit-taking, snapping a four-day winning streak on Monday, amid caution over the rapid rise of the key Nikkei...

Dow Closes More Than 150 Points Lower as Stocks Take a Break from Their Rally
Tuesday, 26 March 2024 03:24 WIB

Stocks slipped Monday to start a shortened trading week as the rally that brought Wall Street to record levels took a breather. The Dow Jones...

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