Equityworld Futures Portal News

US OIL FUTURES

Oil prices fall for the week on bets for a 'looming surplus,' soft China demand

Saturday, 16 November 2024 10:49 WIB | Oil

Oil futures settled at their lowest in over two months Friday with expectations for a supply surplus next year, strength in the U.S. dollar, and continued worries over demand from China - the world's largest crude importer - prompting prices to post a loss for the week. West Texas Intermediate...

Oil Edges Lower in Likely Technical Correction

Tuesday, 5 November 2024 15:26 WIB | Oil

Oil edges lower in the Asian morning session due to a possible technical correction. Oil futures closed sharply higher Monday after members of OPEC+ said they would wait another month before starting to unwind 2.2 million barrels a day in production cuts. While the move may temporarily bolster...

Oil prices rise on China stimulus amid Mideast ceasefire push

Wednesday, 23 October 2024 02:08 WIB | Root

Oil prices steadied near $74 a barrel on Tuesday as the top U.S. diplomat renewed efforts to push for a ceasefire in the Middle East and as slowing demand growth in China, the world’s top oil importer, continued to weigh. Brent crude futures for December delivery were down 20 cents, or 0.27%, at...

Oil Futures Rise As Storm Crosses Offshore Oil Patch

Thursday, 12 September 2024 09:13 WIB | Root

Oil futures rise as Hurricane Francine causes some U.S. offshore production to be shut in, with the rebound from yesterday's heavy selling tempered by weekly builds in U.S. crude and product stockpiles. The EIA reported an 833,000 barrel increase in crude stocks, and 2.3 million barrel increases...

Oil steadies ahead of US jobs report

Saturday, 7 September 2024 01:26 WIB | Root

Oil prices held their ground on Friday as investors awaited U.S. employment data, but the commodity was on track for a weekly loss despite a delay to supply increases by OPEC+ producers. Brent crude futures rose 37 cents, or 0.51%, to $73.06 a barrel by 0958 GMT. U.S. West Texas Intermediate...

Oil slides more than 1% as Middle East tensions ease

Monday, 8 April 2024 18:51 WIB | Root

Oil prices slid more than $1 a barrel on Monday, with Brent falling below $90, as Middle East tensions eased after Israel withdrew more soldiers from southern Gaza and committed to fresh talks on a potential ceasefire in the six-month conflict. Brent crude futures dropped $1.42, or 1.6%, to...

WTI Crude Oil Closes Lower as Demand Worries Trump Middle East Tensions

Wednesday, 21 February 2024 09:32 WIB | Root

West Texas Intermediate (WTI) closed lower on Tuesday as geopolitical worries amid violence in the Middle East were more than offset by demand concerns. WTI crude oil for March delivery closed down US$1.01 to settle at US$78.18 per barrel, while April Brent crude, the global benchmark, was last...

Market Review Friday, February 16, 2024

Saturday, 17 February 2024 10:57 WIB | Root

Nikkei Tokyo stocks closed higher on Friday with the key Nikkei index ending at a new 34-year high, partly supported by Wall Street rallies. The benchmark Nikkei 225 index added 0.9 percent, or 329.30 points, to 38,487.24 while the broader Topix index ended up 1.3 percent, or 32.88 points, at...

U.S. Oil Futures Settle More Than 2% Lower After OPEC+ Announces Voluntary Output Cuts

Friday, 1 December 2023 09:43 WIB | Root

U.S. oil futures settled with a loss of more than 2% on Thursday, even as OPEC+ announced that several of its member countries agreed to voluntary cuts totaling 2.2 million barrels a day for the first quarter of 2024. “While oil prices initially rallied on the extension and expansion of OPEC...

U.S. oil futures settle at a 3-week high, up over 2% for the month

Friday, 1 September 2023 08:39 WIB | Root

U.S. oil futures ended Thursday at their highest in about three weeks, finding support from expectations for tighter global supplies in the coming months. The sessionâ€™s gain contributed a monthly rise of 2.2% for front-month West Texas Intermediate crude, according to Dow Jones Market Data. The...

WTI Oil Ends at Highest in 16 Weeks

Saturday, 5 August 2023 08:54 WIB | Root

US crude futures finish at their highest since April 12, rising 1.6% to end at $82.82 a barrel while notching a sixth consecutive weekly gain, the longest winning streak in more than a year. The latest price support is largely coming from the Saudis' announcement that it's extending...

U.S. Oil Futures Settle at Their Highest in More Than a Week

Tuesday, 6 June 2023 08:46 WIB | Root

Oil futures climbed on Monday, with U.S. benchmark prices settling at their highest since May 26. Saudi Arabia on Sunday agreed to voluntarily cut its oil production level by 1 million barrels a day in July. â€œSpurring a bout of short-covering via a further surprise cut appears the best way to...

Badai Ida Menghantam Anjungan Minyak Mentah AS, Harga Minyak Menguat

Monday, 30 August 2021 16:19 WIB | Root

Harga minyak naik sekitar 1% pada hari Senin setelah badai kuat melanda Teluk Meksiko, memaksa penutupan dan evakuasi ratusan anjungan minyak lepas pantai. Minyak mentah Brent naik 84 sen atau 1,2% pada $73,54 per barel pada pukul 00:01 GMT, setelah naik lebih dari 11% pada minggu lalu untuk...

Harga Minyak Naik, Meskipun Persediaan Minyak Mentah Meningkat

Thursday, 22 July 2021 02:52 WIB | Root

Minyak berjangka naik pada hari Rabu (21/7), memperpanjang pemantulan dari penurunan baru-baru ini karena selera investor untuk aset berisiko kembali dihidupkan, meskipun data industri Selasa malam (20/7) menunjukkan kenaikan tak terduga dalam persediaan minyak mentah AS menjelang laporan...

Minyak Berjangka Berakhir Di Level Teringgi Sejak Pertengahan Maret

Thursday, 29 April 2021 08:33 WIB | Root

Minyak berjangka naik pada hari Rabu (28/4), dengan harga menetap di level tertinggi dalam sekitar enam minggu. Harga mendapat dorongan setelah Organisasi Negara Pengekspor Minyak dan sekutunya, yang dikenal sebagai OPEC+, pada Selasa mempertahankan rencana mereka untuk secara bertahap...

Harga Minyak Stabil Jelang Pertemuan OPEC+

Friday, 5 March 2021 03:14 WIB | Root

Harga minyak secara luas stabil pada hari Kamis (04/03) menjelang pembicaraan antara OPEC dan sekutunya tentang apakah akan mengurangi pengurangan produksi dan setelah rekor lonjakan stok minyak mentah AS setelah pemadaman kilang minyak di Texas. Minyak mentah berjangka Brent naik 14 sen, atau...

Minyak Memperpanjang Kenaikan ditengah Harapan Stimulus AS dan Stok Minyak

Wednesday, 20 January 2021 16:30 WIB | Root

Harga minyak naik pada awal perdagangan pada hari Rabu, menambahkan keuntungan yang solid semalam, di tengah ekspektasi pemerintahan AS akan melanjutkan pengeluaran stimulus besar-besaran yang akan meningkatkan permintaan bahan bakar dan menarik stok minyak mentah. Minyak mentah berjangka West...

Minyak Berjangka Menetap Di Level Tertinggi Sejak Maret ditengah Pertaruhan Taruhan Vaksin

Friday, 11 December 2020 09:57 WIB | Root

Minyak berjangka menetap lebih tinggi pada hari Kamis, berada di level tertinggi sejak awal Maret, dengan para pedagang bertaruh pada persetujuan vaksin COVID-19 di AS yang dapat memberikan dorongan untuk ekonomi, dan permintaan energi. Minyak mentah West Texas Intermediate Januari naik $ 1,26,...

Minyak Berjangka Berakhir Sedikit Lebih Rendah setelah Kenaikan Besar dalam Persediaan Minyak AS

Thursday, 10 December 2020 10:05 WIB | Root

Minyak berjangka ditutup dengan kerugian pada hari Rabu, tertekan oleh peningkatan mingguan lebih dari 15 juta barel dalam pasokan minyak mentah AS. Penurunan harga yang sangat tipis itu, bagaimanapun terjadi, karena analis mengaitkan kenaikan pasokan dengan peningkatan impor, yang dapat dilihat...

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