Oil rises for third day as US-China trade, OPEC cheer investors
Thursday, 14 February 2019 19:58 WIB | ENERGY |Minyak WTIMinyak jenis Brent

Oil rose for a third day on Thursday to reach its highest so far this year as financial markets drew support from investor optimism that the United States and China could resolve their trade dispute.

The price of crude has risen 20 percent this year, driven primarily by the prospect of a decline in oil supply from OPEC and other top exporters such as Russia.

Brent crude futures were up 95 cents at $64.56 a barrel by 1007 GMT, down from a session high of $64.81, while U.S. crude futures rose 56 cents to $54.46 a barrel.

The Organization of the Petroleum Exporting Countries and allies such as Russia and Oman have agreed to cut crude output by a joint 1.2 million barrels per day, 800,000 bpd of which will come from OPEC.

Source: CNBC

RELATED NEWS

U.S. oil ends higher, but Brent falls as Trump administration announces additional Iran sanctions
Tuesday, 25 June 2019 02:38 WIB

Oil futures split two ways on Monday, with U.S. prices ending higher but global benchmark Brent crude posting a loss as the U.S. announced new sanctions on Iran. President Donald Trump on Monday signed an executive order imposing financial sanctions on Iranian leaders, according to pool reports fro...

U.S. Oil Extends Last Week's Surge as U.S. Readies Additional Iran Sanctions
Monday, 24 June 2019 18:40 WIB

U.S. oil prices rose Monday, extending last week™s strong gains that had been prompted by building tensions between Iran and the United States, as Washington was set to announce new economic sanctions on Tehran, according to reports. U.S. prices tallied a rise of nearly 9% for last week and poste...

Oil prices rise as Middle East tensions simmer
Monday, 24 June 2019 08:47 WIB

Oil prices climbed on Monday as tensions remain high between Iran and the United States, with U.S. Secretary of State Mike Pompeo saying ''significant'' sanctions on Tehran would be announced. Brent futures were up 37 cents, or 0.6%, at $65.57 a barrel by 0044 GMT. West Texas Intermediate crude wa...

Oil logs 9% weekly rise, biggest since late 2016; refinery fire jolts gasoline futures
Saturday, 22 June 2019 03:08 WIB

Oil futures gained on Friday, with U.S. prices tallying a rise of nearly 9% for the week and highest settlement this month, lifted by expectations for economy-boosting central bank policy and continued Middle East tensions that could disrupt oil markets. Gasoline led the climb among energy futures,...

Oil Trends Higher in Asia on U.S., Iran Tension
Friday, 21 June 2019 13:25 WIB

Driven by simmering tensions between the U.S. and Iran, oil prices continued to trade higher during morning trade in Asia Friday hours after soaring to their highest level for the month. U.S. WTI crude futures were up 0.47% to $57.40 by 8:36 PM ET (00:30 GMT). Brent crude, traded in London, was up ...

ANOTHER NEWS
Hong Kong Stocks End With Gains (Review)
Tuesday, 25 June 2019 03:35 WIB Hong Kong shares started the week with small gains Monday, brushing off worries about the brewing US-Iran crisis to focus on upcoming talks between Donald Trump and Xi Jinping. The Hang Seng Index added 0.14 percent, or 39.29 points, to...

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.