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POPULAR NEWS
U.S. Oil Futures Tally Gains For The Session And Week

Oil futures climbed Friday, tallying a gain for the week, their first in three weeks. "Today's rise reflected some reluctance to go home short over the weekend given the uncertainties in the Persian Gulf...," said Marshall Steeves, energy markets analyst at IHS Markit. "Overall, the market is range bound with these supply uncertainties offset by weakening demand.  So while there was a rise today and for the week, there remains a longer-term downtrend," he said. September West Texas...

Wall Street Ends Sharply Higher On German Stimulus Optimism

U.S. stocks rebounded on Friday as an ebbing bond rally and news of potential German economic stimulus brought buyers back to the equities market, closing the book on a tumultuous week. While all three major U.S. stock averages ended the session higher, they still logged their third consecutive weekly losses, having been rattled since Monday by growing U.S.-China trade animosity, simmering geopolitical tensions and signals from the bond market that sparked fears of impending...

Oil Pares Losses, But Still Finish at 2-Week Low
Tuesday, 12 February 2019 04:10 WIB | COMMODITY |MinyakWTIBrent

Crude-oil futures declined Monday, with energy demand concerns, signs of rising U.S. oil production and a stronger dollar pressuring prices, which had also suffered a drop last week.

U.S. benchmark March West Texas Intermediate crude oil fell 31 cents, or 0.6%, to settle at $52.41 a barrel on the New York Mercantile Exchange, the lowest since Jan. 28. It had dropped to as low as $51.23 Monday and tumbled 4.6% last week”the largest loss since the week ended Dec. 21, according to Dow Jones Market Data.

International benchmark April Brent lost 59 cents, or 1%, to $61.51 a barrel on ICE Futures Europe, after declining by 1% last week. Prices based on the front-month contract finished at their lowest since Jan. 29.

Source : Market Watch

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POPULAR NEWS
U.S. Oil Futures Tally Gains For The Session And Week

Oil futures climbed Friday, tallying a gain for the week, their first in three weeks. "Today's rise reflected some reluctance to go home short over the weekend given the uncertainties in the Persian Gulf...," said Marshall Steeves, energy markets analyst at IHS Markit. "Overall, the market is range bound with these supply uncertainties offset by weakening demand.  So while there was a rise today and for the week, there remains a longer-term downtrend," he said. September West Texas...

Wall Street Ends Sharply Higher On German Stimulus Optimism

U.S. stocks rebounded on Friday as an ebbing bond rally and news of potential German economic stimulus brought buyers back to the equities market, closing the book on a tumultuous week. While all three major U.S. stock averages ended the session higher, they still logged their third consecutive weekly losses, having been rattled since Monday by growing U.S.-China trade animosity, simmering geopolitical tensions and signals from the bond market that sparked fears of impending...

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