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OIL,

Oil Prices Gain Around 1% as Red Sea Tension Persists
Saturday, 23 December 2023 01:50 WIB | Oil

Oil prices rose as much as 1% on Friday as tensions persisted in the Middle East following Houthi attacks on ships in the Red Sea, although Angola's decision to leave OPEC raised questions over the group's effectiveness in supporting prices. Brent crude futures were up 71 cents, or 0.89%, to...


Oil Set for Weekly Gain as Red Sea Attacks Disrupt Global Flows
Friday, 22 December 2023 23:24 WIB | Oil

Oil extended its biggest weekly advance in two months as attacks in the Red Sea forced hundreds of ships to take safer but longer routes, delaying the delivery of oil cargoes.  Global benchmark Brent traded near $80 a barrel and is set for a weekly gain of almost 5%. Freight...


Oil Climbs as Red Sea Tension Persists, but Angola’s OPEC Exit Caps Gains
Friday, 22 December 2023 16:43 WIB | Oil

Oil prices rose in early trade on Friday as tensions persisted in the Middle East following Houthi attacks on ships in the Red Sea, although Angola’s decision to leave OPEC raised questions over the group’s effectiveness in supporting prices. Brent crude futures were up 23 cents, or 0.3%, to...


Oil Set for Weekly Gain as Red Sea Attacks, OPEC Unity in Focus
Friday, 22 December 2023 14:01 WIB | Oil

Oil is poised to advance for a second week as shippers avoid the Red Sea amid increased attacks, while Angola’s exit from OPEC put the spotlight on the group’s unity. West Texas Intermediate traded near $74 a barrel and is set for a second weekly gain after notching a string of seven...


Market Review Thursday, December 21, 2023
Friday, 22 December 2023 10:57 WIB | Market update

Nikkei Tokyo stocks closed lower on Thursday after Toyota announced a recall of a million vehicles, and its subsidiary Daihatsu decided to suspend shipments of all models over rigged safety tests. The benchmark Nikkei 225 index lost 1.59 percent, or 535.47 points, to end at 33,140.47, while the...


Oil Prices Threaten to Snap 3-Day Winning Streak
Friday, 22 December 2023 01:40 WIB | Oil

Oil futures pulled back early Thursday after a build in U.S. petroleum supplies and record domestic production cooled a rally sparked by disrupted shipments in the Red Sea. West Texas Intermediate crude for February delivery fell 22 cents, or 0.3%, to $74 a barrel on the New York Mercantile...


Oil Falls Over Demand Concerns After U.S. Inventory Build
Thursday, 21 December 2023 21:55 WIB | Oil

Oil prices fell on Thursday as concerns over low demand following a surprise U.S. crude inventory build outweighed jitters over global trade disruptions due to tensions in the Middle East. Brent crude futures fell 3 cents to $79.67 a barrel by 0753 GMT while U.S. West Texas Intermediate crude was...


Oil Prices Fall on Demand Concerns After US Stock Build
Thursday, 21 December 2023 15:49 WIB | Oil

Oil prices fell on Thursday, as concerns over low demand following a surprise U.S. crude inventory build outweighed jitters over global trade disruptions and geopolitical tensions in the Middle East. Brent crude futures fell 65 cents, or 0.8%, to $79.05 a barrel by 0120 GMT while U.S. West Texas...


Oil Falls as Focus Shifts From Red Sea Threats to US Supply Jump
Thursday, 21 December 2023 13:54 WIB | Oil

Oil declined after three days of gains as data showing record-high US production outweighed threats by Houthi rebels in Yemen to continue targeting ships in one of the world’s most important waterways.  West Texas Intermediate fell as much as 1% in early Asian trading to below $74 a...


Market Review Wednesday, December 20, 2023
Thursday, 21 December 2023 10:57 WIB | Market update

Nikkei Tokyo stocks closed higher on Wednesday helped by a relatively cheaper yen against the dollar after the Bank of Japan indicated it plans to keep its super-loose monetary policy in place. The benchmark Nikkei 225 index advanced 1.37 percent, or 456.55 points, to 33,675.94, while the...


Brent Crude Oil Climbs Back Above $80 a Barrel as Traders Monitor Red Sea Disruptions
Thursday, 21 December 2023 02:01 WIB | Oil

Oil futures were on track for a third straight rise Wednesday, with the global benchmark pushing back above $80 a barrel, as traders monitored tensions in the Red Sea that have resulted in disruptions to global trade. West Texas Intermediate crude for February delivery rose 84 cents, or 1.1%, to...


Oil Inches Higher as Traders Monitor Red Sea Tensions
Wednesday, 20 December 2023 21:52 WIB | Oil

Oil rose slightly on Wednesday as investors kept an eye on the situation in the Red Sea after recent attacks by Iran-aligned Yemeni Houthi militants. Brent crude futures rose 23 cents, or 0.3%, at $79.46 a barrel by 0730 GMT, while U.S. West Texas Intermediate crude climbed 30 cents, or 0.4%, to...


Oil Rally Pauses as Red Sea Shipping Risks Plague Global Trade
Wednesday, 20 December 2023 16:07 WIB | Oil

Oil was little changed after two days of gains, as traders and shippers braced for the prospect of more disruption in the Red Sea. Global benchmark Brent held near $79 a barrel after rising more than 3% in the previous two sessions. West Texas Intermediate inched above...


Oil Extends Gains as Red Sea Shipping Risks Plague Global Trade
Wednesday, 20 December 2023 14:12 WIB | Oil

Oil rose a third day as traders and shippers braced for the prospect of more disruption in the Red Sea. The West Texas Intermediate contract for February inched higher to trade above $74 a barrel, after rising about 3% in the previous two sessions. Brent approached $80 a...


Market Review Tuesday, December 19, 2023
Wednesday, 20 December 2023 11:06 WIB | Market update

Nikkei Tokyo stocks closed higher on Tuesday as the yen slipped against the dollar after the Bank of Japan maintained its super-loose monetary policy. The benchmark Nikkei 225 index rose 1.41 percent, or 460.41 points, to 33,219.39, while the broader Topix index added 0.73 percent, or 16.95...


Oil Prices Steady After Hitting 2-Week High on Suspension of Red Sea Shipments
Wednesday, 20 December 2023 01:27 WIB | Oil

Oil futures were little changed in early action Tuesday, steadying after ending the previous session around two-week highs after attacks on ships in the Red Sea stoked worries over potential supply disruptions. West Texas Intermediate crude for January delivery was up 1 cent at $72.48 a barrel on...


Oil Steadies as Investors Weigh Up Impact of Red Sea Attacks
Tuesday, 19 December 2023 23:34 WIB | Oil

Oil steadied on Tuesday as investors considered the potential impact on oil supply from attacks by Yemen's Iran-aligned Houthi militants against ships in the Red Sea, which have disrupted maritime trade and forced companies to reroute vessels. Crude prices had climbed nearly 2% on Monday on fears...


Oil Prices Extend Gains as Red Sea Attacks Disrupt Supply Chains
Tuesday, 19 December 2023 16:02 WIB | Oil

Oil prices advanced on Tuesday, extending gains from the previous session, as attacks by Yemen’s Iran-aligned Houthi militants on ships in the Red Sea disrupted maritime trade and forced companies to reroute vessels. Brent crude futures rose 17 cents, or 0.2%, to $78.12 a barrel at 0112 GMT. The...


Oil Hold Gains as Red Sea Attacks Cause Panic Among Shippers
Tuesday, 19 December 2023 14:02 WIB | Oil

Oil traded near its highest close in two weeks as more companies shun the Red Sea after a spike in vessel attacks along the key shipping conduit.  West Texas Intermediate held above $72 a barrel after settling at its highest since Dec. 4. Global benchmark Brent traded near $78. Prices...


Market Review Monday, December 18, 2023
Tuesday, 19 December 2023 10:58 WIB | Market update

  Nikkei Tokyo stocks closed lower on Monday as investors wait to see what direction the Bank of Japan takes in an upcoming policy decision. The benchmark Nikkei 225 index slid 0.64 percent, or 211.57 points, to end at 32,758.98, while the broader Topix index fell 0.66 percent, or 15.42...



Market Review, Selasa 26 Maret 2024
Wednesday, 27 March 2024 03:31 WIB

Nikkei Saham Tokyo berakhir mendatar pada hari Selasa (26/3) karena investor menaruh harapan pada kenaikan saham terkait semikonduktor sambil...

Indeks S&P 500 Sedikit Naik, Mencoba Pulih dari Kerugian Berturut-turut
Tuesday, 26 March 2024 20:38 WIB

Saham-saham AS sedikit naik pada hari Selasa (26/6), karena investor mencoba melanjutkan reli yang membawa ekuitas ke rekor tertinggi setelah...

Indeks Eropa Ditutup Naik Tipis; Saham Tui Naik 5%, Maersk Turun 2,6%
Wednesday, 27 March 2024 00:11 WIB

Pasar saham Eropa ditutup lebih tinggi pada hari Selasa (26/3) karena investor terus mempertimbangkan keputusan kebijakan bank sentral minggu lalu...

S&P 500 Ditutup Lebih Rendah untuk Sesi Ketiga Berturut-turut Saat Reli Pasar Melemah
Wednesday, 27 March 2024 03:26 WIB

S&P 500 jatuh untuk sesi ketiga berturut-turut pada hari Selasa (26/3). S&P 500  turun 0,28% menjadi ditutup pada 5,203.58, sedangkan...

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