Tuesday, 31 December 2024 15:08 WIB | Oil
WTI crude oil futures rose above $71 per barrel on Tuesday, rising for the third consecutive session amid thin holiday trading.
Traders are awaiting factory survey data from the US and China for insights into the demand outlook from these key consumers. Meanwhile, oil is on track for a modest...
Friday, 23 February 2024 09:30 WIB | Root
West Texas Intermediate (WTI) crude oil closed higher on Thursday after US oil inventories less than expected..
WTI crude for April delivery closed up US$0.70 to settle at US$78.61 per barrel, while April Brent crude, the global benchmark, was last seen up US$0.57 to US$83.60.
Prices fell early...
Saturday, 16 December 2023 09:30 WIB | Root
West Texas Intermediate (WTI) crude oil closed lower on Friday amid volatile trading.
WTI crude for January delivery closed down US$0.15 to settle at US$72.13, after trading between US$70.30 and US$72.22. February Brent crude, the global benchmark, was last seen down US$0.08 to US$76.53.
The...
Monday, 20 November 2023 15:39 WIB | Root
Oil prices are mixed in the morning Asian session, with some focus on OPEC+ group's meeting later this month.
Saudi Arabia and Russia will likely roll over their additional voluntary production reductions into early 2024, ING commodities strategists say in a research note. But, it's less clear...
Wednesday, 25 October 2023 01:28 WIB | Root
Oil prices were stable on Tuesday following the previous session's dip after a flurry of economic data from Germany, the wider euro zone and Britain sketched a bearish picture which could weigh on oil demand.
Brent crude futures were up 41 cents, or 0.5%, at $90.24 a barrel by 1122 GMT, while...
Thursday, 20 July 2023 00:29 WIB | Root
Global oil prices rose on Wednesday, boosted by China’s pledge to support economic growth, tighter supply from Russia and on lower weekly U.S. crude oil inventories.
Brent futures rose 40 cents, or 0.5%, to $80.06 a barrel, while U.S. West Texas Intermediate crude was up 23 cents, or 0.3%, to...
Tuesday, 11 April 2023 22:39 WIB | Root
Oil prices rose on Tuesday on expectations of potential economic stimulus by China, healthy demand in the rest of Asia and a drop in U.S. crude stockpiles.
Brent crude futures rose 63 cents, or 0.8%, to $84.81 a barrel at 0840 GMT, while U.S. West Texas Intermediate futures gained 68 cents, or...
Tuesday, 11 April 2023 08:43 WIB | Root
Oil futures declined on Monday, with U.S. prices settling below $80 a barrel — at their lowest in more than a week.
“Most energy traders are still on the sidelines until we get a clearer picture on the global growth outlook,†said Edward Moya, senior market analyst at OANDA.
May West Texas...
Wednesday, 18 January 2023 02:16 WIB | Root
Oil futures rose Tuesday as investors assessed data confirming a sharp slowdown in China’s economic growth last year, while looking ahead to a pickup in crude demand as the country unwinds its strict COVID-19 restrictions.
West Texas Intermediate crude for February delivery rose 32 cents, or...
Monday, 30 August 2021 16:19 WIB | Root
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