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POPULAR NEWS
Oil Holds Advance After Storm Barry Disrupts U.S. Production

Oil prices carried over a bullish tone from last week after Tropical Storm Barry shut down almost three-quarters of U.S. Gulf of Mexico production over the weekend. Futures in New York were up slightly, after gaining 4.7% last week. Barry weakened to a tropical depression Sunday, with some producers preparing to re-staff their offshore platforms. As of Sunday, Barry caused nearly 73% of crude oil production in the gulf to shut, up from 70% the day before, the Bureau of Safety...

Gold Trades Steady Ahead of China GDP Data

Gold prices held steady in early Asian trade on Monday, as market participants awaited key economic data from China for cues about the health of the world™s second-largest economy. Spot gold was flat at $1,415.34 per ounce as of 0100 GMT. U.S. gold futures were up 0.3% at $1,416.50 an ounce. Source : Reuters

Gold Prices Little Changed as China Growth Data Matches Expectations

Gold prices were little changed on Monday in Asia after data showed China™s second-quarter growth data slowed to a 27-year low but matched expectations. Gold futures for August delivery, traded on the Comex division of the New York Mercantile Exchange were little changed at $1,413.35 by 12:43 AM ET (04:43 GMT). The prices of the safe-haven asset was little changed after the release of a slew of China data this morning. The country™s GDP growth slowed to 6.2% year-on-year in the...

Wall St. Leans Neutral/Sideways On Gold Prices, Main St. Bullish

Wall Street traders and analysts are undecided or else look for gold prices to be sideways this week, while Main Street remained bullish, according to the weekly Kitco News gold survey. The largest block of Wall Street voters were in the neutral/sideways camp, while the rest were nearly evenly split between bulls and bears. This was the first time Wall Street was not bullish since May 10, when the professionals were also neutral. Sixteen market professionals took part in the Wall Street...

Trump Tweets About Non-White Lawmakers Prompt Fresh Outrage

In a series of Sunday morning tweets quickly deemed racist and xenophobic by critics, U.S. President Donald Trump has provoked fresh controversy with taunts at several new members of Congress. Trump on Twitter, targeted Progressive Democratic Congresswomen, telling them to "go back" and help fix the "crime infested" countries from which they came. Of the four apparently targeted, only one ” Minnesota Congresswoman Ilhan Omar, a native of Somalia ” is foreign born. The other three are...

Oil Prices Rise Amid Mexican Storm; OPEC Forecast Report In Focus
Friday, 12 July 2019 13:08 WIB | ENERGY |MinyakWTIBrentMinyak MentahOil,

Oil prices rose on Friday in Asia after U.S. oil producers cut more than half of Gulf of Mexico crude output due to Tropical Storm Barry, which is expected to make landfall over the weekend.

U.S. Crude Oil WTI Futures were up 0.6% to $60.55 by 12:24 AM ET (04:24 GMT). International Brent Oil Futures also gained 0.6% to $66.94.

Meanwhile, in its latest monthly report released Thursday, the Organization of the Petroleum Exporting Countries (OPEC) forecast global oil demand will rise by 1.14 million barrels per day (bpd) next year, matching the projection for 2019. But the cartel forecast an acceleration in non-OPEC supply growth to an average of 2.44 million bpd in 2020, from an expected 2.05 million bpd this year.

Source : Investing.com

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Monday, 15 July 2019 19:08 WIB

Oil prices traded higher on Monday as positive data from China outweighed the country's slowing economy, providing hopes that demand for oil will remain intact. New York-traded West Texas Intermediat...

U.S. Oil Ends Week Up 5%, But Gulf of Mexico Storm Provides Little Support...
Saturday, 13 July 2019 02:20 WIB

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Oil Prices on Track for Weekly Jump as Storm Fears Trump Supply Glut Concerns...
Friday, 12 July 2019 19:32 WIB

Oil prices were on track for a sharp weekly gain as concerns over tropical storm Barry hitting supply outweighed worries of a global supply glut. New York-traded West Texas Intermediate crude futures...

Oil prices rise amid Gulf of Mexico storm, Middle East tensions...
Friday, 12 July 2019 08:43 WIB

Oil prices rose on Friday as U.S. oil producers in the Gulf of Mexico cut more than half their output in the face of a tropical storm and as tensions continued in the Middle East. Brent crude futures...

POPULAR NEWS
Oil Holds Advance After Storm Barry Disrupts U.S. Production

Oil prices carried over a bullish tone from last week after Tropical Storm Barry shut down almost three-quarters of U.S. Gulf of Mexico production over the weekend. Futures in New York were up slightly, after gaining 4.7% last week. Barry weakened to a tropical depression Sunday, with some producers preparing to re-staff their offshore platforms. As of Sunday, Barry caused nearly 73% of crude oil production in the gulf to shut, up from 70% the day before, the Bureau of Safety...

Gold Trades Steady Ahead of China GDP Data

Gold prices held steady in early Asian trade on Monday, as market participants awaited key economic data from China for cues about the health of the world™s second-largest economy. Spot gold was flat at $1,415.34 per ounce as of 0100 GMT. U.S. gold futures were up 0.3% at $1,416.50 an ounce. Source : Reuters

Gold Prices Little Changed as China Growth Data Matches Expectations

Gold prices were little changed on Monday in Asia after data showed China™s second-quarter growth data slowed to a 27-year low but matched expectations. Gold futures for August delivery, traded on the Comex division of the New York Mercantile Exchange were little changed at $1,413.35 by 12:43 AM ET (04:43 GMT). The prices of the safe-haven asset was little changed after the release of a slew of China data this morning. The country™s GDP growth slowed to 6.2% year-on-year in the...

Wall St. Leans Neutral/Sideways On Gold Prices, Main St. Bullish

Wall Street traders and analysts are undecided or else look for gold prices to be sideways this week, while Main Street remained bullish, according to the weekly Kitco News gold survey. The largest block of Wall Street voters were in the neutral/sideways camp, while the rest were nearly evenly split between bulls and bears. This was the first time Wall Street was not bullish since May 10, when the professionals were also neutral. Sixteen market professionals took part in the Wall Street...

Trump Tweets About Non-White Lawmakers Prompt Fresh Outrage

In a series of Sunday morning tweets quickly deemed racist and xenophobic by critics, U.S. President Donald Trump has provoked fresh controversy with taunts at several new members of Congress. Trump on Twitter, targeted Progressive Democratic Congresswomen, telling them to "go back" and help fix the "crime infested" countries from which they came. Of the four apparently targeted, only one ” Minnesota Congresswoman Ilhan Omar, a native of Somalia ” is foreign born. The other three are...

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