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POPULAR NEWS
Pompeo: 'Important Information' for Trump After Mideast Talks on Saudi Oil Field Attacks

U.S. Secretary of State Mike Pompeo said Thursday he has "important information" for President Donald Trump about how to respond to the recent attack on Saudi Arabia's oil facilities after meeting with leaders in Saudi Arabia and the United Arab Emirates. The top U.S. diplomat said there was "enormous consensus" that Iran was responsible for the middle-of-the-night missile and drone attacks last weekend that at least temporarily knocked out half of the Saudis' oil production, nearly 6% of the...

Hong Kong stocks open higher

Hong Kong stocks opened with small gains Friday morning as bargain-buyers moved in following a four-day drop, with dealers keeping an ear to the ground for fresh developments in the China-US trade row. The Hang Seng Index rose 0.24 percent, or 63.93 points, to 26,532.88. The benchmark Shanghai Composite Index edged up 0.18 percent, or 5.53 points, to 3,004.81 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, also added 0.18 percent, or 3.00 points, to...

Gold Futures Score First Weekly Gain in a Month

Gold futures climbed Friday to tally a gain for the week, the first in four weeks, as geopolitical tensions remained high, boosting haven demand for the precious metal. President Donald Trump announced further sanctions on Iran. "The confrontation with Iran [is] still very real," said Jeff Wright, executive vice president of GoldMining Inc. "So you have safe-haven interest perking up into the weekend." Trump also said Friday that he didn™t need a trade deal with China before the 2020...

U.S. Oil Prices Pare Most of Their Gains as Gasoline Futures Rally

Oil futures rose Thursday, but U.S. prices gave up nearly all of their earlier gains by the settlement. Prices found support as Saudi Arabia reportedly contacted foreign producers to help fill holes in its supply chain following last weekend's attacks on the country's production facilities. However, news of storm disruptions to refining activity in Texas suggested a slowdown in demand for crude, prompting U.S. prices to give up nearly all of the day's gains. The Sabine Ship Channel, a major...

Oil's Rising Again as Iran's Warning of War Ratchets Up Tensions

The threat of war in the Middle East is pushing oil prices higher again, capping one of the most dramatic ever weeks for crude markets in which 5% of the world's supplies were cut by attacks on Saudi production facilities. Brent crude for November settlement rose 42 cents, or 0.7%, to $64.82 a barrel on the ICE Futures Europe Exchange as of 8:52 a.m. in Singapore on Friday. The global benchmark crude is up 7.7% this week, the most since January. It's a bullish end to an...

Oil Settles Lower, Shrugs Off Storm-Related Short-Term Cut to Gulf of Mexico Output
Friday, 12 July 2019 02:09 WIB | ENERGY |Minyak WTIbrent oilOil,Crude Oil

Oil futures settled lower on Thursday, shrugging off earlier gains even as a tropical storm in the Gulf of Mexico cut oil output in the region by more than half.

The move follows a report Thursday, in which the Organization of the Petroleum Exporting Countries forecast lower demand for its crude oil next year as rivals, including the U.S., lift production.

On Thursday, August West Texas Intermediate crude fell by 23 cents, or 0.4%, to settle at $60.20 a barrel on the New York Mercantile Exchange after trading as high as $60.94. It wrapped Wednesday at $60.43, the highest settlement for front-month WTI prices since May 22.

International benchmark September Brent lost 49 cents, or 0.7%, at $66.52 a barrel on ICE Futures Europe, falling back after rallying by 4.4% Wednesday to $67.01”the highest settlement since May 29.

Source : Marketwatch

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Oil futures ended lower on Friday, but tallied a gain of almost 6% for the week, the largest such rise in three months. As the Saudis reveal the extent of damages from the attacks on oil facilities l...

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Oil's Rising Again as Iran's Warning of War Ratchets Up Tensions...
Friday, 20 September 2019 08:44 WIB

The threat of war in the Middle East is pushing oil prices higher again, capping one of the most dramatic ever weeks for crude markets in which 5% of the world's supplies were cut by attacks...

U.S. Oil Prices Pare Most of Their Gains as Gasoline Futures Rally...
Friday, 20 September 2019 02:30 WIB

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POPULAR NEWS
Pompeo: 'Important Information' for Trump After Mideast Talks on Saudi Oil Field Attacks

U.S. Secretary of State Mike Pompeo said Thursday he has "important information" for President Donald Trump about how to respond to the recent attack on Saudi Arabia's oil facilities after meeting with leaders in Saudi Arabia and the United Arab Emirates. The top U.S. diplomat said there was "enormous consensus" that Iran was responsible for the middle-of-the-night missile and drone attacks last weekend that at least temporarily knocked out half of the Saudis' oil production, nearly 6% of the...

Hong Kong stocks open higher

Hong Kong stocks opened with small gains Friday morning as bargain-buyers moved in following a four-day drop, with dealers keeping an ear to the ground for fresh developments in the China-US trade row. The Hang Seng Index rose 0.24 percent, or 63.93 points, to 26,532.88. The benchmark Shanghai Composite Index edged up 0.18 percent, or 5.53 points, to 3,004.81 and the Shenzhen Composite Index, which tracks stocks on China's second exchange, also added 0.18 percent, or 3.00 points, to...

Gold Futures Score First Weekly Gain in a Month

Gold futures climbed Friday to tally a gain for the week, the first in four weeks, as geopolitical tensions remained high, boosting haven demand for the precious metal. President Donald Trump announced further sanctions on Iran. "The confrontation with Iran [is] still very real," said Jeff Wright, executive vice president of GoldMining Inc. "So you have safe-haven interest perking up into the weekend." Trump also said Friday that he didn™t need a trade deal with China before the 2020...

U.S. Oil Prices Pare Most of Their Gains as Gasoline Futures Rally

Oil futures rose Thursday, but U.S. prices gave up nearly all of their earlier gains by the settlement. Prices found support as Saudi Arabia reportedly contacted foreign producers to help fill holes in its supply chain following last weekend's attacks on the country's production facilities. However, news of storm disruptions to refining activity in Texas suggested a slowdown in demand for crude, prompting U.S. prices to give up nearly all of the day's gains. The Sabine Ship Channel, a major...

Oil's Rising Again as Iran's Warning of War Ratchets Up Tensions

The threat of war in the Middle East is pushing oil prices higher again, capping one of the most dramatic ever weeks for crude markets in which 5% of the world's supplies were cut by attacks on Saudi production facilities. Brent crude for November settlement rose 42 cents, or 0.7%, to $64.82 a barrel on the ICE Futures Europe Exchange as of 8:52 a.m. in Singapore on Friday. The global benchmark crude is up 7.7% this week, the most since January. It's a bullish end to an...

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