Equityworld Futures Portal News

MINYAK MENTAH

Oil Rises on China Moves to Support Economy; Tropical Storm Eyed

Monday, 28 August 2023 22:23 WIB | Oil

Oil ticked higher on Monday after China took steps to bolster its flagging economy, though investors remained worried about the pace of growth as well as further U.S. interest rate hikes that could dampen demand. China halved stamp duty on stock trading in the latest attempt to boost struggling...

Oil Pares Second Weekly Decline Before Powell Speaks on Economy

Friday, 25 August 2023 22:50 WIB | Oil

Oil pared some of its second weekly decline as traders were waiting for clues about the outlook for interest rates from a speech later on Friday by Federal Reserve Chair Jerome Powell. West Texas Intermediate futures rose above $80 a barrel, but are headed for a weekly drop of...

Oil Prices Steady after 3-Day Losing Streak

Friday, 25 August 2023 01:20 WIB | Oil

Oil futures ticked higher early Thursday, attempting to find their footing after a three-day drop that sent the U.S. benchmark to its lowest close in nearly a month. West Texas Intermediate crude for October delivery was up 27 cents, or 0.3%, at $79.16 a barrel after ending the Wednesday session...

Oil Slides on Grim Manufacturing Data

Thursday, 24 August 2023 01:15 WIB | Oil

Oil prices slid more than 1% on Wednesday as gloomy global manufacturing data grabbed attention ahead of an annual meeting of central bankers at Jackson Hole in the United States, with interest rates high on the agenda. Brent crude was down $1.01, or 1.2%, at $83.02 a barrel by 1027 GMT while...

Oil Prices Edge Lower on China Demand Worries

Wednesday, 23 August 2023 01:44 WIB | Oil

Oil futures edged lower early Tuesday, unable to shake worries about Chinaâ€™s economic outlook and the implications for demand from the worldâ€™s second-largest crude consumer. West Texas Intermediate crude for September delivery fell 18 cents, or 0.2%, to $80.54 a barrel on the New York...

Oil Holds Loss on Signs of Supply Rebound as Demand Woes Linger

Tuesday, 22 August 2023 23:03 WIB | Oil

Oil held a modest decline on signs that supply is rebounding while concerns linger about demand in China, the biggest importer. West Texas Intermediate futures for October traded near $80 a barrel, after falling 0.7% on Monday. Observed exports from Iran have surged to 2.2...

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 Wednesdayâ€™s close. The most immediate parts of the oil futures curve are...

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...

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 Chinaâ€™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 Chinaâ€™s...

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 weekâ€™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 weekâ€™s first two sessions. The American Petroleum...

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. Crudeâ€™s drop followed a run of seven...

Oil Retreats Amid China Concerns Following Seven Weekly Gains

Monday, 14 August 2023 17:21 WIB | Oil

Oil dropped after advancing for seven weeks amid a shift away from risk assets spurred by concerns about China. West Texas Intermediate fell toward $82 a barrel after the longest run of weekly gains since mid-2022. Equity benchmarks fell as the weekâ€™s trading began, hurt by Chinaâ€™s...

Oil Eases on Stronger Dollar, China Demand Concerns

Monday, 14 August 2023 14:43 WIB | Oil

Oil prices eased on Monday after seven straight weeks of gains supported by tightening supply on OPEC+ output cuts, as concerns about China's faltering economic recovery and a stronger dollar weighed. Brent crude futures fell 29 cents, or 0.3%, to $86.52 a barrel by 0033 GMT while U.S. West Texas...

Oil Holds Nine-Month High as Supply Risks Offset US Stockpiles

Thursday, 10 August 2023 14:25 WIB | Oil

Oil held gains near the highest level in almost nine months as concerns over a possible escalation in hostilities between Russia and Ukraine overshadowed the first gain in US crude stockpiles in four weeks. West Texas Intermediate futures traded above $84 a barrel after climbing 3% over the...

Oil Edges Up on Higher US Economic Growth Outlook; China Import Slump Weighs

Wednesday, 9 August 2023 08:56 WIB | Oil

Oil prices edged higher on Tuesday, as a U.S. government agency projected a rosier outlook on the economy, but bearish data on China's crude imports and exports weighed. Brent crude futures gained 83 cents to settle at $86.17 a barrel. U.S. West Texas Intermediate crude rose 98 cents to $82.92....

Oil Falls as Black Sea Risk Dismissed Until Supply Halts Arrive

Tuesday, 8 August 2023 08:43 WIB | Oil

Oil dropped as traders shrugged off the risk commodity ships in the Black Sea until disruptions materialized. West Texas Intermediate settled below $82 a barrel at the start of the week after rising more than 4% over the previous two sessions. In recent days, sea...

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MINYAK MENTAH

Oil Rises on China Moves to Support Economy; Tropical Storm Eyed

Oil Pares Second Weekly Decline Before Powell Speaks on Economy

Oil Prices Steady after 3-Day Losing Streak

Oil Slides on Grim Manufacturing Data

Oil Prices Edge Lower on China Demand Worries

Oil Holds Loss on Signs of Supply Rebound as Demand Woes Linger

Oil Rises for Third Day as Tighter Market Vies With Demand Risks

Oil Heads for Weekly Loss as China Concerns and Rate Angst Flare

Oil Heads for Weekly Loss as China Concerns and Rate Angst Flare

Oil Steadies as Traders Take Stock of China Concerns and Fed

Oil Extends Decline as China Concerns and Fed Warning Take Toll

Oil Steadies After Two-Day Loss as US Inventories Seen Dropping

Oil Steadies After Two-Day Loss as US Inventories Seen Dropping

Oil Holds Decline as China Concerns Persist and Dollar Advances

Oil Holds Decline as China Concerns Escalate and Dollar Advances

Oil Retreats Amid China Concerns Following Seven Weekly Gains

Oil Eases on Stronger Dollar, China Demand Concerns

Oil Holds Nine-Month High as Supply Risks Offset US Stockpiles

Oil Edges Up on Higher US Economic Growth Outlook; China Import Slump Weighs

Oil Falls as Black Sea Risk Dismissed Until Supply Halts Arrive

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