Monday, 30 June 2025 14:09 WIB | Oil
Oil fell, following its biggest weekly loss in more than two years, as hedge funds piled into bearish bets after a fragile truce between Iran and Israel, and before a likely OPEC+ supply hike.
Brent dropped to near $67 a barrel after sliding 12% last week, while West Texas...
Saturday, 7 June 2025 09:17 WIB | Oil
WTI crude oil futures climbed 1.9% to settle at $64.60 per barrel on Friday, marking their first weekly gain in three weeks with a rise of over 6.5%.
The rebound was fueled by renewed optimism after trade talks resumed between US President Donald Trump and China’s President Xi Jinping, raising...
Friday, 18 April 2025 09:17 WIB | Oil
Oil prices settled more than 3% higher on Thursday, supported by hopes for a trade deal between the United States and the European Union and new U.S. sanctions to curb Iranian oil exports, which continued to elevate supply concerns.
Brent crude futures settled $2.11, or 3.2%, higher to $67.96 a...
Monday, 7 April 2025 22:09 WIB | Oil
Oil prices plummet in early trade, extending the previous week's losses on fears that escalating global trade tensions will spark a recession and weaken demand for crude.
Brent is down 3.7% at $63.13 a barrel, while WTI falls 3.9% to $59.56 a barrel.
Both benchmarks dropped to a four-year low as...