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OIL,

What's Really Driving Oil?

Monday, 1 December 2025 14:12 WIB | Oil

Oil prices rose again after OPEC+ confirmed plans to temporarily halt production increases during the first quarter. This Saudi Arabia-led decision is considered a response to seasonally weaker market conditions. Brent is now trading above $63 per barrel, while WTI is approaching $60, signaling...

Oil Continues to Weaken, What's Really Happening?

Friday, 28 November 2025 13:58 WIB | Oil

Global oil prices are still trending lower and are now heading for their longest monthly decline in more than two years. West Texas Intermediate (WTI) is hovering around $59 per barrel, slightly above Wednesday's close before the Thanksgiving holiday in the US, while Brent is holding above $63 per...

Oil Edges Lower as Traders Put Focus on Ukraine Talks and OPEC+

Thursday, 27 November 2025 13:44 WIB | Oil

Oil edged lower as investors tracked US-led efforts to end the war in Ukraine, while looking ahead to an OPEC+ gathering this weekend. West Texas Intermediate traded near $58 a barrel after rising more than 1% on Wednesday, while Brent settled just above $63. With US presidential envoy...

Oil Stuck at Low Levels

Wednesday, 26 November 2025 15:00 WIB | Market analysis

Oil prices remain stuck near their lowest levels in a month, with WTI around US$58 and Brent around US$61 per barrel. The market is clouded by the potential for peace in Ukraine, which could ease sanctions on Russian oil, while the IEA projects a supply glut of up to 4 million barrels per day next...

Oil Stuck Near Monthly Low

Wednesday, 26 November 2025 13:26 WIB | Oil

World oil prices held steady near their lowest levels in a month on Wednesday morning, after being pressured by positive developments in the Ukraine-Russia peace talks. West Texas Intermediate (WTI) held around US$58 per barrel after falling 1.5% on Tuesday, while Brent was just above US$62 per...

Oil Steady, Market Eyes Ukraine Peace?

Tuesday, 25 November 2025 13:53 WIB | Oil

Oil prices moved steadily in Tuesday morning trading, with West Texas Intermediate (WTI) holding near US$59 per barrel after rising more than 1% on Monday, while Brent closed above US$63 per barrel. Risk-on sentiment in global financial markets supported prices, as stocks and other commodities...

Oil Extends Slump as Traders Assess Outlook for Deal on Ukraine

Monday, 24 November 2025 13:56 WIB | Oil

Oil extended after the biggest weekly loss since early October, as traders weighed the prospect of a Ukraine-Russia peace deal that could increase crude flows into an already well-supplied market. Brent traded above $62 a barrel after slumping almost 3% last week, while West Texas...

Oil Falls on Ukraine Peace Plan as Russia Sanctions Set to Start

Friday, 21 November 2025 14:00 WIB | Oil

Oil pushed lower after Ukrainian President Volodymyr Zelenskiy agreed to work on a peace plan, just as US sanctions on two Russian oil giants are scheduled to take effect on Friday. West Texas Intermediate dropped for a third session toward $58 a barrel, while Brent closed near $63 on...

Oil Holds Biggest Loss in a Week as US Product Stockpiles Swell

Thursday, 20 November 2025 14:02 WIB | Oil

Minyak Alami Kerugian Terbesar dalam Seminggu karena Stok Produk AS Melonjak Oil held the biggest decline in a week after US fuel inventories rose, while investors monitor the fallout from sanctions on two major Russian producers that are scheduled to take effect on Friday. West Texas...

US Stockpiles Rise, Oil Prices Fall

Wednesday, 19 November 2025 21:46 WIB | Market analysis

Oil prices fell slightly after a report showed a sharp rise in US crude stockpiles. Brent for January delivery was trading at around US$64.6 per barrel, while WTI for December was around US$60.4. Data from the American Petroleum Institute showed an increase in inventories of around 4.4 million...

Oil Steadies With Stockpiles and Russian Sanction Risks in Focus

Wednesday, 19 November 2025 13:54 WIB | Oil

Oil steadied as traders weighed a report showing rising US stockpiles against concerns about the fallout from sanctions on Russia. West Texas Intermediate traded below $61 a barrel, after gaining more than 1% on Tuesday, when Brent closed near $65. The industry-funded American Petroleum...

Oil Steadies With Global Surplus and Russian Sanctions in Focus

Tuesday, 18 November 2025 13:53 WIB | Oil

Oil steadied as investors weighed the impact from an emerging surplus against US sanctions on Russia that have upended some crude flows. West Texas Intermediate traded below $60 a barrel after a modest loss in the previous session. Brent closed near $64. The price of Russia’s flagship crude...

Oil Prices Fall as Key Russian Port Resumes Loadings, Easing Supply Risks

Monday, 17 November 2025 23:56 WIB | Oil

Oil prices fell Monday, handing back some of the strong gains seen at the end of last week, after Russia’s Novorossiysk port resumed crude loadings, easing immediate concerns over supply disruption. At 04:35 ET (09:35 GMT), Brent Oil Futures expiring in January fell 0.7% to $63.97 per barrel and...

Oil Falls on Signs Russia’s Novorossiysk Port Resumes Operations

Monday, 17 November 2025 14:18 WIB | Oil

Oil dropped following signs that activity had resumed at the key Russian port of Novorossiysk on the Black Sea, after a Ukrainian strike last week led to some damage and a suspension of operations. Brent slipped below $64 a barrel after closing more than 2% higher on Friday following the...

Russia Risks Keep Oil Markets on Alert!

Friday, 14 November 2025 14:10 WIB | Market analysis

Oil prices are heading for a third week of decline due to concerns about a global supply glut. The IEA has again raised its surplus projection and even predicted a record oversupply next year, as OPEC+ continues to increase production while demand remains sluggish. WTI in December was trading...

Oil Set for Third Weekly Loss as Signs of Global Glut Intensify

Friday, 14 November 2025 14:00 WIB | Oil

Oil headed for a third weekly loss after a slew of signs pointing to an oversupply, including a forecast from the International Energy Agency for a record surplus next year. West Texas Intermediate steadied below $59 a barrel, down by more than 1% this week, while Brent closed near $63. On...

Oil Plunges, Is the World Returning to an Era of Surplus?

Thursday, 13 November 2025 14:04 WIB | Oil

World oil prices continue to weaken after previously plummeting by more than 4%. West Texas Intermediate (WTI) crude is now around $58 per barrel, while Brent has fallen below $63. This decline occurred after OPEC reported that global oil supply exceeded demand in the third quarter. This condition...

Oil Steadies After Gain as Traders Count Down to OPEC Outlook

Wednesday, 12 November 2025 13:56 WIB | Oil

Oil steadied following a three-day gain ahead of reports that’ll shed light on the outlook for global crude market balances into 2026. West Texas Intermediate held near $61 a barrel, after rising 1.5% on Tuesday, while global benchmark Brent closed above $65. Later Wednesday, producers’...

Oil Steadies as Narrowing Spreads Point to Softer Conditions

Tuesday, 11 November 2025 13:55 WIB | Oil

Oil steadied as traders tracked softening market metrics and waited for reports that may give clues about an impending global surplus. West Texas Intermediate was near $60 a barrel after rising 0.6% on Monday, while Brent closed near $64. WTI’s prompt spread — the difference...

Oil Steadies as Traders Weigh Up Surplus Concerns and Sanctions

Monday, 10 November 2025 13:56 WIB | Oil

Oil steadied after posting two weekly declines, as traders weighed concerns about a looming global glut and the fallout from US sanctions against Russian producers at the start of a data-heavy week. Brent traded above $63 a barrel after shedding more than 2% last week, while the West Texas...

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