Saturday, 20 April 2024 02:42 WIB | Oil
Oil slipped on Friday following an earlier price spike of more than $3 after Iran played down reported Israeli attacks on its soil, in a sign that an escalation of hostilities in the Middle East might be avoided.
Brent futures were down 48 cents, or 0.6%, at $86.63 a barrel by 1155 GMT. The most...
Friday, 19 April 2024 02:16 WIB | Oil
Oil prices fell to a three-week low on Thursday, extending losses on hopes of easing tensions in the key producing region of the Middle East, while investors turned their focus to a bleaker demand picture.
Brent futures were down 60 cents, or 0.7%, at $86.69 a barrel, while U.S. crude futures...
Thursday, 18 April 2024 02:43 WIB | Oil
Oil prices drifted lower Wednesday as indications of a large weekly build in U.S. inventories pointed to less tight markets, although prices remained elevated on concerns of a wider conflict in the Middle East.
At 08:45 ET (12:45 GMT), Brent oil futures fell 0.9% to $89.23 a barrel, while West...
Monday, 15 April 2024 22:40 WIB | Oil
Oil shrugged off Iran’s unprecedented attack on Israel, with prices easing on speculation that the conflict would remain contained.
Brent crude lost as much as 1.4% in London, falling back below $90. More than 300 missiles and drones were fired by Iran at the weekend, the first...
Friday, 12 April 2024 22:36 WIB | Oil
Oil prices rose on Friday as heightened tensions in the Middle East raised the risk of supply disruptions from the oil-producing region, though prices are set for weekly losses amid expectations of fewer U.S. interest rate cuts this year.
Brent crude futures climbed 75 cents, or 0.84%, to $90.49...
Thursday, 4 April 2024 16:15 WIB | Oil
Oil prices rose in early Asian trade on Thursday on concerns of lower supply as major producers are keeping output cuts in place and on signs of stronger economic growth in the U.S., the world’s biggest oil consumer.
Brent futures for June rose 15 cents, or 0.2%, to settle at $89.51 a barrel at...
Wednesday, 3 April 2024 15:37 WIB | Oil
Oil prices extended gains on Wednesday as a larger than expected fall in U.S. crude inventories and escalating geopolitical tensions raised investor worries about tighter supplies.
Brent futures for June delivery rose 20 cents, or 0.22%, to $89.12 per barrel, while U.S. West Texas Intermediate...
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