Wednesday, 25 October 2023 17:41 WIB | Oil
Oil steadied after falling over the previous three sessions on signs that the Israel-Hamas war will remain contained for the time being.
Global benchmark Brent was near $88 a barrel, erasing about half of the gains since Hamas’ attack on Oct. 7, while West Texas Intermediate traded below $84...
Saturday, 21 October 2023 08:33 WIB | Oil
Oil futures ended with a loss on Friday, but remained higher for the week with traders weighing the potential for the spread of violence in the Middle East following the start of the Israel-Hamas war earlier this month.
Stephen Innes, managing partner at SPI Asset Management, believed there was...
Friday, 20 October 2023 15:34 WIB | Oil
Oil prices extended gains on Friday, rising about 1% on fears that the Israel-Gaza conflict may spread in the Middle East and disrupt supplies from one of the world's top-producing regions.
Brent crude futures climbed 77 cents, or 0.8%, to $93.15 a barrel by 0042 GMT. U.S. West Texas Intermediate...
Friday, 20 October 2023 08:33 WIB | Oil
Oil futures ended higher on Thursday, with U.S. prices edging closer to $90 a barrel.
“Energy markets are in the grasp of geopolitical events,” said Tariq Zahir, managing member at Tyche Capital Advisors. The biggest fear is an expansion of the Israel-Hamas war, and Iran gets involved, he said....
Thursday, 19 October 2023 00:59 WIB | Oil
Global oil benchmark Brent hit $93 a barrel on Wednesday as the risk of escalating conflict in the Middle East threatened to disrupt oil supplies from the region, with Iran calling for an oil embargo to be imposed on Israel.
Brent crude futures was up $2.54, or 2.8%, to $92.44 a barrel at 1056...