Friday, 19 April 2024
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--

OIL,

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 Settle Higher on Tight Supply Outlook; Fed Decision Eyed
Wednesday, 20 March 2024 09:03 WIB | Oil

Oil prices settled higher Tuesday, driven by optimism about tighter markets this year following softer exports from Iraq and Saudi Arabia. By 14:30 ET (18:30 GMT), the U.S. crude futures settle 0.9% higher at $83.47 a barrel and the Brent contract rose 0.6% to $87.38 a barrel. Oil prices have...

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 Ends at Nearly Five-Month High as Drone Attacks Crimp Russia's Output
Tuesday, 19 March 2024 09:03 WIB | Oil

Oil futures climbed on Monday, with U.S. and global benchmark prices settling at their highest since late October, as continued attacks by Ukraine on Russian energy facilities were estimated to have idled a significant chunk of Russia's refining capacity. West Texas Intermediate crude for April...

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...

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 Flips Forecast to Deficit
Saturday, 16 March 2024 00:52 WIB | Oil

Oil held near a four-month high after the International Energy Agency forecast a supply deficit through 2024 — in contrast to its previous projection of a surplus — on the premise OPEC+ maintains production cuts. Brent traded near $85 a barrel, after advancing 4.3% over the previous two...

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...

WTI Crude Closes Down as US Inflation Ran Hot Last Month; OPEC, EIA, Issue Competing Demand Forecasts
Wednesday, 13 March 2024 08:32 WIB | Oil

West Texas Intermediate (WTI) crude oil closed lower on Tuesday after the United States reported inflation rose more than expected last month, while the Energy Information Administration and OPEC issued competing demand forecasts in their monthly outlooks. WTI crude for April delivery closed down...

Oil Rises Slightly Ahead of Demand Estimates
Tuesday, 12 March 2024 17:07 WIB | Oil

Oil prices rose in early Asian trading, but price moves were limited as the market waited for monthly reports from oil agencies. Brent futures for May delivery rose 23 cents to $82.44 a barrel by 0221 GMT. The U.S. crude April contract rose 17 cents to end at $78.10 a barrel. "Crude oil traded...

WTI Crude Oil Closes Down on Weak Chinese Demand and Caution Ahead of US Inflation Data
Tuesday, 12 March 2024 08:24 WIB | Oil

West Texas Intermediate (WTI) crude oil closed with a small loss on Monday, falling for a third session on expectations for weaker demand as China's economy weakens. WTI crude for April delivery closed down US$0.08 to settle at US$77.93 per barrel, while May Brent crude, the global benchmark, was...

Oil Prices Fall on China Demand Worries
Monday, 11 March 2024 21:59 WIB | Oil

Oil prices extended last week's losses on Monday on concern about slow demand in China, although lingering geopolitical risk surrounding the Middle East and Russia limited the decline. Brent futures fell 12 cents, or 0.2%, to $81.96 a barrel as at 0723 GMT, while U.S. West Texas Intermediate...

Market Review Friday, March 8, 2024
Saturday, 9 March 2024 10:59 WIB | Market update

Nikkei Tokyo stocks ended higher on Friday after rallies on Wall Street led by tech stocks. The benchmark Nikkei 225 index was up 0.23 percent, or 90.23 points, to end at 39,688.94, while the broader Topix added 0.30 percent, or 8.26 points, to 2,726.80. Hang Seng Hong Kong shares rallied...

Oil Advances After Canada-US Keystone Pipeline Briefly Halts
Friday, 8 March 2024 23:57 WIB | Oil

Oil gained after services were briefly suspended at the Keystone pipeline, a crucial conduit carrying Canadian crude to the US. Brent rose toward $84 a barrel after ending unchanged on Thursday. West Texas Intermediate climbed above $79. Operator TC Energy Corp. confirmed Keystone’s...

Market Review Thursday, March 7, 2024
Friday, 8 March 2024 10:59 WIB | Market update

Nikkei Tokyo shares trimmed early gains to end lower Thursday, as chip-linked shares lost momentum and investors were spooked by the yen's shift towards appreciation. The benchmark Nikkei 225 index dropped 1.23 percent, or 492.07 points, to 39,598.71, while the broader Topix index slid 0.44...

Market Review Wednesday, March 6, 2024
Thursday, 7 March 2024 11:04 WIB | Market update

Nikkei Tokyo's key Nikkei index ended marginally lower on Wednesday as global investors locked in profits after recent rallies. The benchmark Nikkei 225 index edged down 0.02 percent, or 6.85 points, to end at 40,090.78, while the broader Topix index added 0.39 percent, or 10.74 points, to...

Oil Rebounds as OPEC+ Output Cuts Override China, US Demand Concerns
Wednesday, 6 March 2024 22:01 WIB | Oil

Oil prices rebounded slightly on Wednesday after extended declines as signs of supply tightness amid output cuts by major producers overrode demand growth concerns in China and the U.S., the world's two biggest crude consumers. Brent crude futures were up 27 cents to $82.31 a barrel at 0745 GMT...

Market Review Tuesday, March 5, 2024
Wednesday, 6 March 2024 11:03 WIB | Market update

Nikkei Tokyo's key Nikkei index closed flat on Tuesday after hitting a fresh record the previous day as chip shares trimmed gains. The benchmark Nikkei 225 index inched down 0.03 percent, or 11.60 points, to end at 40,097.63, while the broader Topix index climbed 0.50 percent, or 13.65 points,...


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...

Read More
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...

Read More
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...

Read More
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...

Read More
FTSE 100 Kepercayaan Konsumen Retail Sales HANG SENG Harga produsen, Fiscal Poundsterling Jepang Saham Eropa PMI Minyak Brent Putin CPI Jerman Klaim pengangguran AS Gold Outlook ASX 200