Oil Prices Drop on Demand Worries, Saudi Supply Pledge
Tuesday, 25 June 2019 18:32 WIB | COMMODITY |MinyakWTIBrent
Oil prices inched lower on Tuesday, weighed down by concerns over declining crude demand and a Saudi pledge to offset any shortfall from countries hit by sanctions, as the market shrugged off risks to supply linked to tensions around Iran.
Benchmark Brent crude futures were down 42 cents at $64.44 a barrel by 10:18 GMT.
U.S. crude futures fell 32 cents to $57.58 a barrel.
Hopes for progress in the trade war between China and the United States during this week's G20 meeting were dampened by a senior U.S. official saying President Donald Trump was "comfortable with any outcome" from the talks.
Source : Reuters
Friday, 23 August 2019 13:59 WIB
Oil headed for its first back-to-back weekly gain since June on signs the U.S. and China could be edging closer to a trade deal and as a growing list of central banks start easing polic...
Friday, 23 August 2019 07:50 WIB
Oil is on track for a weekly gain, buoyed by signs of a cooling in trade tensions between the U.S. and China and after official data showed a draw down in U.S. crude inventories.
Futures in New ...
Thursday, 22 August 2019 14:11 WIB
Oil steadied after its first drop this week as attention turned from expanding American fuel stockpiles to the prospects for monetary easing as the world™s top central bankers gather in Jackson...
Thursday, 22 August 2019 08:13 WIB
Oil climbed as attention turned from expanding American fuel stockpiles to the prospects for monetary easing as the world™s top central bankers gather in Jackson Hole, Wyoming.
Futures rose as...
Wednesday, 21 August 2019 13:56 WIB
Oil climbed after an industry report indicated that U.S. crude inventories fell for the first time in three weeks, countering growing concern that the global economy is headed for recession.