Friday, 19 April 2024
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MINYAK WTI

Oil Rises for Third Day as Tighter Market Vies With Demand Risks
Monday, 21 August 2023 23:07 WIB | Oil

Oil rose for a third day as signs the physical market is tightening offset growing demand risks in China and the US. Global benchmark Brent traded above $85 a barrel and is up more than 2% since last Wednesday’s close. The most immediate parts of the oil futures curve are...


U.S. Oil Futures Finish Higher For The Session, Fall For The Week
Saturday, 19 August 2023 08:33 WIB | Oil

U.S. oil futures settled higher on Friday, but prices based on the front-month contract lost more than 2% for the week, according to Dow Jones Market Data. “There continues to be a battle royale between supply and demand, with OPEC+ cutting production, led by Saudi Arabia, while Chinese...


Oil prices set to end streak of 7 straight weekly gains
Saturday, 19 August 2023 01:45 WIB | Oil

Oil futures edged lower Friday, on track to snap a run of seven straight weekly gains as worries about Chinese demand, rising bond yields and a stronger dollar take a toll. West Texas Intermediate crude for September delivery fell 28 cents, or 0.3%, to $80.11 a barrel on the New York Mercantile...


Oil Heads for Weekly Loss as China Concerns and Rate Angst Flare
Friday, 18 August 2023 22:30 WIB | Oil

Oil headed for its first weekly loss since June as concerns over economic weakness in China and potentially even tighter monetary policy in the US combined to overshadow signs of a solid physical market. West Texas Intermediate traded above $80 a barrel, set for a drop of about 3% this...


Oil Heads for Weekly Loss as China Concerns and Rate Angst Flare
Friday, 18 August 2023 17:21 WIB | Oil

Oil headed for its first weekly loss since June as concerns over economic weakness in China and potentially even tighter monetary policy in the US combined to overshadow signs of a solid physical market. West Texas Intermediate traded above $80 a barrel, set for a drop of about 3% this week...


Oil Heads for Weekly Loss as China Concerns and Rate Angst Flare
Friday, 18 August 2023 13:46 WIB | Oil

Oil headed for its first weekly loss since June as concerns over economic weakness in China and potentially even tighter monetary policy in the US combined to overshadow signs of a tighter physical market. West Texas Intermediate declined to near $80 a barrel, set for a fourth drop in...


U.S. Oil Futures Finish Higher A Day After Slipping Below $80 A Barrel
Friday, 18 August 2023 08:44 WIB | Oil

U.S. oil futures settled higher on Thursday, recouping about half of the loss from a day earlier that pulled prices below $80 a barrel. Crude-oil prices saw a modest rebound from recent lows as “markets try to draw a line between how strong future Chinese demand is likely to be, against a...


Oil edges up as China seeks to calm economic fears
Friday, 18 August 2023 01:23 WIB | Oil

Oil prices crept up on Thursday after China's central bank sought to stem the rising tide of pessimism over the country's property market and wider economy. Prices had fallen for the previous session on simmering worries over the impact on fuel demand from a deepening property crisis that is...


Oil Steadies as Traders Take Stock of China Concerns and Fed
Thursday, 17 August 2023 22:43 WIB | Oil

Oil steadied after a three-day drop spurred by concerns over the Chinese economy and the possibility of even tighter US monetary policy. West Texas Intermediate was little changed above $79 a barrel after shedding more than 4% this week. Worries over top importer China’s post-pandemic...


Oil Steadies as Traders Take Stock of China Concerns and Fed
Thursday, 17 August 2023 18:09 WIB | Oil

Oil steadied after a three-day drop spurred by concerns over the Chinese economy and the possibility of even tighter US monetary policy. West Texas Intermediate was little changed above $79 a barrel after shedding more than 4% this week. Worries over top importer China’s post-pandemic...


Oil Extends Decline as China Concerns and Fed Warning Take Toll
Thursday, 17 August 2023 14:01 WIB | Oil

Oil fell for a fourth day on concerns over the Chinese economy and the possibility of even tighter US monetary policy. West Texas Intermediate dropped toward $79 a barrel, with futures on track for their longest daily losing run since May. Worries over top importer China’s...


Oil prices tick slightly lower as traders weigh China worries against tight supplies
Thursday, 17 August 2023 00:29 WIB | Oil

Oil futures were marginally lower early Wednesday, with the U.S. benchmark threatening to continue a pullback from its 2023 high on worries about China’s economic outlook. Traders were also awaiting official data on U.S. crude inventories after an industry report was said to show a...


Oil Steady as China Concerns Jostle With Tightening Inventories
Wednesday, 16 August 2023 22:03 WIB | Oil

Oil steadied as traders weighed concerns over China’s faltering economy against industry estimates pointing to lower US inventories. West Texas Intermediate held near $81 a barrel after losing 2.6% in the week’s first two sessions. Equity indexes and other commodities fluctuated amid growing...


Oil Steadies After Two-Day Loss as US Inventories Seen Dropping
Wednesday, 16 August 2023 18:18 WIB | Oil

Oil steadied after a two-day decline as industry estimates pointed to lower US inventories, potentially adding to signs of a tighter market. West Texas Intermediate was little changed near $81 a barrel after losing 2.6% in the week’s first two sessions. The American Petroleum...


Oil Steadies After Two-Day Loss as US Inventories Seen Dropping
Wednesday, 16 August 2023 13:48 WIB | Oil

Oil steadied after a two-day decline as industry estimates pointed to a drop in US inventories, potentially adding to signs of a tighter market. West Texas Intermediate was little changed near $81 a barrel after losing 2.6% in the week’s first two sessions. The American Petroleum...


U.S. Oil Price Ends More Than 2% Lower on China Worries
Wednesday, 16 August 2023 08:46 WIB | Oil

Oil futures slumped Tuesday, ending lower after another round of disappointing economic data out of China, which was followed by interest rate cuts by the central bank in Beijing. West Texas Intermediate crude for September delivery fell $1.52, or 1.8%, to close at $80.99 a barrel on the New York...


Oil Futures Erase Gains in London as Equities Drop on China
Tuesday, 15 August 2023 22:12 WIB | Oil

Oil futures erased gains in London and New York, tracking a reversal in equity markets. Brent slid by 23 cents to trade at $85.98 a barrel at 9:21 a.m. in London, dropping for a second day as concern about Chinese demand also weighs on prices. West Texas Intermediate slid to $82.14 a...


Oil Holds Decline as China Concerns Persist and Dollar Advances
Tuesday, 15 August 2023 16:29 WIB | Oil

Oil was steady after a loss on Monday on concerns around the health of the Chinese economy and an elevated dollar. West Texas Intermediate traded near $83 a barrel after falling 0.8% in the previous session. Chinese data released Tuesday, including industrial output, retail sales,...


Oil Holds Decline as China Concerns Escalate and Dollar Advances
Tuesday, 15 August 2023 13:44 WIB | Oil

Oil held a loss as concerns around the health of the Chinese economy gained traction and the dollar strengthened. West Texas Intermediate was little changed above $82 a barrel after easing 0.8% on Monday as the greenback rose for a third day. Crude’s drop followed a run of seven...


Oil Dips as Concerns About China Spur Volatility Across Markets
Monday, 14 August 2023 23:04 WIB | Oil

Oil edged lower in a volatile session where sentiment was being driven by renewed worries surrounding China’s property sector.  West Texas Intermediate fell as much as 1.5%, before paring those declines. Global markets earlier struck a risk-off tone on concerns around...



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...

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...

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 Tuesday, April 16, 2024
Wednesday, 17 April 2024 03:14 WIB

Nikkei Tokyo stocks closed lower Tuesday, weighed down by Wall Street falls and fears over tensions in the Middle East. The benchmark Nikkei 225...

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