Wednesday, 15 November 2017 04:03 WIB |
ENERGY |Minyak WTIMinyak jenis Brent
Oil prices dropped Tuesday to finish at their lowest level in more than a week after the International Energy Agency cut its global crude-demand forecasts and warned of a boom in U.S. shale-oil production.
December West Texas Intermediate crude, the U.S. benchmark, fell $1.06, or 1.9%, to settle at $55.70 a barrel on the New York Mercantile Exchange after tapping a low of $55.18. The global benchmark, Brent crude for January gave up 95 cents, or 1.5%, to $62.21 a barrel on the ICE Futures Europe exchange. WTI and Brent haven™t settled at levels this low since Nov. 3, according to FactSet data.
On Nymex, ahead of the data, prices for petroleum-products headed lower. December gasoline fell 1.8% to $1.761 a gallon and December heating oil lost 1.3% to $1.907 a gallon. December natural gas ended at $3.102 per million British thermal units, down 2.1%.