Equityworld Futures Portal News

MINYAK MENTAH

Oil Slips on Stronger U.S. Dollar, Ceasefire Hopes

Friday, 22 March 2024 22:34 WIB | Oil

Crude futures edge lower on a stronger U.S. dollar and as international leaders ratchet up pressure on Israel for an immediate ceasefire in Gaza. Brent crude and WTI are both down 0.3% at $85 and $80.85 a barrel, respectively. "A stronger USD outweighed the optimism of rate cuts by the Fed," ANZ...

Oil Broadly Steady after Surprise US Crude Stock Drop

Friday, 22 March 2024 02:35 WIB | Oil

Oil prices were broadly steady on Thursday, shored up by a surprise U.S. crude stock drop and the U.S. Federal Reserve sticking to its outlook on rate cuts for the year. Brent crude futures for May were down 31 cents, or 0.4%, to $85.64 a barrel by 1213 GMT. They fell by 1.6% on Wednesday. U.S....

Oil Retreats from Multi-Month Highs Ahead of Fed Decision

Thursday, 21 March 2024 01:12 WIB | Oil

Oil prices edged lower on Wednesday after hitting multi-month highs in the previous session, as investors braced for the U.S. Federal Reserve's interest rate policy announcement later in the day. Brent crude futures for May fell 62 cents, or 0.71%, to $86.76 a barrel by 1028 GMT. U.S. West Texas...

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 Holds Near Four-Month High as IEA Flip Forecast to Deficit

Friday, 15 March 2024 19:36 WIB | Oil

Oil held near a four-month high after the International Energy Agency forecast a supply deficit through 2024, changing its earlier projection of a surplus, on the premise OPEC+ maintains production cuts. Brent edged lower to near $85 a barrel after rising 4.3% over the previous two sessions....

Oil Holds Near Four-Month High as IEA Flips Forecast to Deficit

Friday, 15 March 2024 14:13 WIB | Oil

Oil held near a four-month high after the IEA forecast a supply deficit through 2024, changing its earlier projection of a surplus, on the premise OPEC+ maintains production cuts. Brent edged lower to near $85 a barrel after rising 4.3% over the previous two sessions. West Texas Intermediate...

Oil Holds Biggest Gain in Five Weeks After US Stockpiles Decline

Thursday, 14 March 2024 18:51 WIB | Oil

Oil held the biggest gain in about five weeks after US crude stockpiles shrunk and Ukraine attacked another Russian refinery. West Texas Intermediate futures traded below $80 a barrel after jumping 2.8% on Wednesday. Brent was steady near $84 after posting the highest close in more than four...

Oil Holds Biggest Gain in Five Weeks After US Stockpiles Decline

Thursday, 14 March 2024 14:13 WIB | Oil

Oil Climbs as Industry Report Points to Falling US Stockpiles

Wednesday, 13 March 2024 18:01 WIB | Oil

Oil advanced after four days of losses as an industry report pointed to shrinking US crude stockpiles, offsetting wavering OPEC cuts. West Texas Intermediate futures rose to trade near $78 a barrel after falling 2% over the previous four sessions. Brent climbed above $82. The industry-funded...

Oil Climbs as Industry Report Points to Falling US Stockpiles

Wednesday, 13 March 2024 14:03 WIB | Oil

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...

Oil Steadies Before OPEC Monthly Report and US Inflation Data

Tuesday, 12 March 2024 14:21 WIB | Oil

Oil steadied after a three-day drop ahead of a series of market reports and US inflation data that may provide direction for prices. West Texas Intermediate futures traded above $78 a barrel after falling 1.5% over the previous three sessions. Brent closed near $82 on Monday. Traders will...

Oil Extends Drop as Investors Look Ahead to US Inflation Print

Monday, 11 March 2024 17:23 WIB | Oil

Oil pushed lower ahead of US inflation data and reports from OPEC and the IEA this week that may provide clues on the demand outlook. Brent futures fell below $82 a barrel after dropping 1.1% on Friday, while West Texas Intermediate was under $78. Prices still remain in a tight trading...

Oil Holds Decline as Investors Look Ahead to US Inflation Print

Monday, 11 March 2024 14:03 WIB | Oil

Oil held a loss ahead of US inflation data and reports from OPEC and the IEA this week that may provide clues on the demand outlook. Brent futures fell below $82 a barrel after closing 1.1% lower on Friday, while West Texas Intermediate was under $78. Prices still remain in a tight trading...

WTI Crude Oil Closes Lower Despite Robust Demand as the US Economy Continues to Run Hot

Saturday, 9 March 2024 09:35 WIB | Oil

West Texas Intermediate (WTI) crude oil closed lower on Friday on robust supply, even as demand remains solid as the United States added more new jobs than expected last month, showing its economy remains robust despite high interest rates, WTI crude for April delivery closed down US$0.92 to...

WTI Crude Oil Closes Lower on Uncertain Outlook for US Interest-Rate Cuts; Chinese Demand Offers Support

Friday, 8 March 2024 09:35 WIB | Oil

West Texas Intermediate (WTI) crude oil closed lower on Thursday as investors moved to cut risk after Federal Reserve chair Jerome Powell declined to offer a timetable for interest-rate cuts when testifying before Congress, saying only he expected cuts to begin this year. WTI crude oil for April...

WTI Crude Oil Closes Higher After a Report Shows a Smaller than Expected Rise In US Inventories Last Week

Thursday, 7 March 2024 09:54 WIB | Oil

West Texas Intermediate (WTI) crude oil closed higher on Wednesday after a report showed a smaller than expected rise in US oil inventories last week and lower US production, offsetting concerns over the health of China's economy. WTI crude oil closed up US$0.98 to settle at US$79.13 per barrel,...

WTI Crude Oil Falls Again as the Extension of OPEC+ Cuts is Offset by Demand Concerns

Wednesday, 6 March 2024 09:49 WIB | Oil

West Texas Intermediate (WTI) crude oil closed lower for a second session on Tuesday, retreating back to the range it has traded for over the past four months despite OPEC+'s weekend extension of 2.2-million barrels of voluntary production cuts through June. WTI crude oil for April delivery...

Oil Futures Fall As OPEC Extension Raises Demand Concerns

Tuesday, 5 March 2024 09:41 WIB | Oil

Crude futures settle lower after a choppy start as some view the extension of OPEC+ output cuts as a sign the group could be rethinking its above-consensus demand views. The extension, including additional output and export curbs by Russia, "likely highlights some bearishness in global demand...

Oil Set to End Winning Streak after Fed Says in no Rush to Cut US Rates

Saturday, 24 February 2024 01:00 WIB | Oil

Oil prices were down on Friday and on track to end a two-week winning streak after the U.S. central bank indicated interest rate cuts could be delayed by at least two more months. Brent crude futures were down 94 cents, or 1.1%, at $83.73 a barrel at 1015 GMT on Friday, while U.S. West Texas...

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MINYAK MENTAH

Oil Slips on Stronger U.S. Dollar, Ceasefire Hopes

Oil Broadly Steady after Surprise US Crude Stock Drop

Oil Retreats from Multi-Month Highs Ahead of Fed Decision

Oil Steadies as Focus Shifts to US Stockpiles and Fed’s Decision

Oil Holds Near Four-Month High as IEA Flip Forecast to Deficit

Oil Holds Near Four-Month High as IEA Flips Forecast to Deficit

Oil Holds Biggest Gain in Five Weeks After US Stockpiles Decline

Oil Holds Biggest Gain in Five Weeks After US Stockpiles Decline

Oil Climbs as Industry Report Points to Falling US Stockpiles

Oil Climbs as Industry Report Points to Falling US Stockpiles

Oil Rises Slightly Ahead of Demand Estimates

Oil Steadies Before OPEC Monthly Report and US Inflation Data

Oil Extends Drop as Investors Look Ahead to US Inflation Print

Oil Holds Decline as Investors Look Ahead to US Inflation Print

WTI Crude Oil Closes Lower Despite Robust Demand as the US Economy Continues to Run Hot

WTI Crude Oil Closes Lower on Uncertain Outlook for US Interest-Rate Cuts; Chinese Demand Offers Support

WTI Crude Oil Closes Higher After a Report Shows a Smaller than Expected Rise In US Inventories Last Week

WTI Crude Oil Falls Again as the Extension of OPEC+ Cuts is Offset by Demand Concerns

Oil Futures Fall As OPEC Extension Raises Demand Concerns

Oil Set to End Winning Streak after Fed Says in no Rush to Cut US Rates

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