Last loading.. Chg. loading..
Last loading.. Chg. loading..
Last loading.. Chg. loading..
Oil Holds Near Lows on Trump Trade Barbs, Easing Iran Tensions
Wednesday, 17 July 2019 08:04 WIB | COMMODITY |MinyakWTIBrent

Oil held near its lows after President Donald Trump™s threat of new tariffs on China rekindled fears about global demand, while signs of a thawing in U.S.-Iran tensions eased concerns about the threat to shipping lanes in the Middle East.

Futures in New York were steady, after dropping 3.3% on Tuesday. Trump reiterated his warnings about additional tariffs at a cabinet meeting Tuesday, after promising to hold off on more duties in a trade-war truce he reached with China™s Xi Jinping last month. Meanwhile, U.S. Secretary of State Mike Pompeosaid Iran, which has been hit by American sanctions over its weapons program, had signaled an openness to talks. The Islamic Republic™s foreign minister made similar comments, offering the first hint of a diplomatic solution since Trump announced plans in May 2019 to squeeze Iranian oil exports.

The industry-funded American Petroleum Institute reported U.S. distillate stockpiles rose by 6.23 million barrels last week. That would be the largest build since January if Energy Information Administration data confirms it on Wednesday. The API also reported domestic crude stockpiles fell by 1.4 million barrels.

August West Texas Intermediate oil was down 5 cents to $57.57 a barrel on the New York Mercantile Exchange as at 9:06 a.m. Sydney time. August WTI ended Tuesday™s session down $1.96 at $57.62.

Brent futures for September settlement declined $2.13 to $64.35 on Tuesday on the ICE Futures Europe Exchange in London.

Source : Bloomberg

Oil Heads for Back-to-Back Weekly Gain on Hints of Trade Thaw...
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...

Oil Set for Weekly Gain on Signs of Trade Thaw, Tighter Supplies...
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 ...

Oil Steady as Attention Turns to Monetary Easing From Stockpiles...
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...

Oil Climbs as Attention Turns From Stockpiles to Monetary Easing...
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...

Oil Advances as U.S. Stockpiles Report Offsets Recession Worries...
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. Fut...



Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.