Wednesday, 31 January 2024 22:00 WIB | Oil
Oil prices fell on Wednesday as lacklustre economic activity in China, the world's biggest crude importer, weighed on sentiment, but prices were set for their first monthly gain since September as broadening Middle East conflicts raised supply concerns.
Brent crude futures for March, which expire...
Tuesday, 30 January 2024 21:53 WIB | Oil
Oil prices gained on Tuesday following a more than 1% drop the previous session as escalating geopolitical tensions in major producing region the Middle East fuelled supply concerns.
Brent crude futures rose 7 cents, or 0.07%, to $82.46 a barrel by 0734 GMT. U.S. West Texas Intermediate crude was...
Saturday, 27 January 2024 02:48 WIB | Oil
Oil prices eased on Friday but remained on course for a second consecutive weekly gain, supported by positive U.S. economic growth and Middle East supply concerns.
The United States, the world's biggest oil consumer, registered faster than expected economic growth in the fourth quarter, data...
Thursday, 25 January 2024 21:53 WIB | Oil
Oil prices rose on Thursday after data showed U.S. crude stockpiles fell more than expected last week, while the Chinese central bank's cut in banks' reserve ratio reinforced hopes of more stimulus measures and economic recovery.
Brent crude futures were up 41 cents, or 0.5%, to $80.45 a barrel...
Thursday, 25 January 2024 01:23 WIB | Oil
Oil steadied on Wednesday, with Brent trading near $80 a barrel, as a Chinese economic stimulus package and geopolitical tensions were offset by concerns over tepid demand and a stronger dollar.
The front-month March contract for Brent crude fell 4 cents to $79.51 a barrel at 1109 GMT. U.S. West...
Wednesday, 24 January 2024 11:05 WIB | Market update
Nikkei
Tokyo stocks shed earlier gains to end lower Tuesday, with investors digesting the Bank of Japan's decision to maintain its signature monetary easing measures.
The benchmark Nikkei 225 index trimmed 0.08 percent, or 29.38 points, to end at 36,517.57, while the broader Topix index lost...
Monday, 22 January 2024 22:06 WIB | Oil
Oil prices lost more ground on Monday as economic headwinds pressured the global oil demand outlook and offset geopolitical concerns in the Middle East and an attack on a Russian fuel export terminal over the weekend.
Brent crude fell 23 cents, or 0.3%, to $78.33 a barrel by 0732 GMT after...