Oil Lower as Traders Focus on Saudi Pledge to Play 'Responsible Role' in Market
Tuesday, 23 October 2018 19:30 WIB | ENERGY |Minyak WTIbrent oilOil,Crude Oil

Oil futures fell Tuesday, with traders focusing on Saudi Arabia™s pledge to play a œresponsible role in energy markets despite international criticism over the killing of dissident journalist Jamal Khashoggi.

A China-led global equity rout was also seen weighing on sentiment, putting pressure on assets perceived as risky, including most commodities. U.S. stock-index futures pointed to a sharply lower open, with Dow futures off more than 400 points.

West Texas Intermediate crude for December delivery on the New York Mercantile Exchange fell $1.09, or 1.6%, to $68.27 a barrel. December Brent crude the global benchmark, was off $1.38, or 1.7%, to $78.45 a barrel on the ICE Europe exchange.

Source : Marketwatch

RELATED NEWS

Front-month oil futures settle higher, with data expected to reveal a weekly decline in U.S. crude supplies
Wednesday, 21 August 2019 02:49 WIB

Front-month oil futures contracts settled higher for a third straight session on Tuesday, ahead of U.S. government data that are expected to reveal a weekly decline in domestic crude stockpiles, following back-to-back weekly supply increases. West Texas Intermediate crude for September delivery tac...

Oil price rally takes a breather after Monday's big gains
Tuesday, 20 August 2019 19:12 WIB

Oil futures retreated on Tuesday, with crude prices pausing after a sharp run-up in the previous session that had been partly fueled by reports that Yemen's Houthi rebels launched a drone attack over the weekend on one of Saudi Arabia's largest oil fields. West Texas Intermediate crude for October ...

Oil Rises on Improvement Reported in Trade Talks, Drone Attack
Tuesday, 20 August 2019 02:47 WIB

Oil is getting a boost from a positive spin on U.S.-China trade talks and reports of a new drone attack on a Saudi oilfield. But the bigger factor for the week could be what transpires at the Kansas City Fed's annual gathering in Jackson Hole, Wyo. New York-traded West Texas Intermediate crude sett...

Oil rises after drone attack on Saudi field
Monday, 19 August 2019 18:32 WIB

Crude oil prices rose on Monday following a weekend attack on a Saudi oil facility by Yemeni separatists and as traders looked for signs that U.S.-China trade tensions could ease. Price gains were, however, capped to some degree by an unusually downbeat OPEC report that stoked concerns about growth...

U.S. Oil Futures Tally Gains For The Session And Week
Saturday, 17 August 2019 02:22 WIB

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 ...

ANOTHER NEWS
Pentagon: State Dept Approves Possible $8B Fighter Jet Sale to Taiwan
Wednesday, 21 August 2019 17:46 WIB The U.S. State Department has approved a possible $8 billion sale of F-16 fighter jets to Taiwan, the Defense Security Cooperation Agency said on Tuesday in an official notification to Congress. The potential deal is for 66 aircraft, 75 General...

DISCLAIMER

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.