Oil prices hit Nov 2018 highs on report U.S. will end Iran oil sanction waivers
Monday, 22 April 2019 09:20 WIB |
ENERGY |Minyak WTIMinyak jenis BrentMinyak Mentah
Oil prices rose by more than 1 percent on Monday to levels not seen since November 2018, driven up by a Washington Post opinion column that said the United States is preparing to announce all imports of Iranian oil must end or be subject to sanctions.
Brent crude futures rose above $72.90 for the first time since November 2018 on Monday, hitting a high of $72.93 shortly after 0100 GMT, high of $72.70 per barrel at 0115 GMT, up 1.3 percent from their last close.
U.S. West Texas Intermediate (WTI) crude futures rose above $64.80 per barrel, also to November 2018 highs, hitting $64.86 per barrel, up 1.3 percent from their previous settlement.
Source : Reuters
Thursday, 27 February 2020 10:05 WIB
Oil prices fell for a fifth day on Thursday to their lowest since January 2019 as a growing number of new coronavirus cases outside of China deepened fears that the global economy will slow and lower crude demand.
Brent crude (LCOc1) was down 77 cents, or 1.4% at $52.66 a barrel at 0204 GMT. The co...
Thursday, 27 February 2020 03:00 WIB
Oil futures declined on Wednesday, with the U.S crude benchmark settling at its lowest in more than a year as global energy demand worries fed by the spread of COVID-19 pulled prices down for a fourth consecutive session.
April West Texas Intermediate oil fell $1.17, or 2.3%, to settle at $48.73 ba...
Wednesday, 26 February 2020 19:43 WIB
U.S. crude dropped below $50 on Wednesday, the lowest level since January 2019, as Asia, Europe and oil producing countries in the Middle East reported hundreds of new coronavirus cases and the United States warned of an inevitable pandemic.
Brent crude fell 89 cents, or 1.6%, to $54.06 a barrel by...
Wednesday, 26 February 2020 10:15 WIB
Crude prices edged up on Wednesday as investors covered short positions after three sessions of losses, even as fears deepened that the rapid spread of the coronavirus will lead to a global pandemic.
Brent crude rose 42 cents, or 0.8%, to $55.37 a barrel by 0154 GMT, while U.S. West Texas Intermedi...
Wednesday, 26 February 2020 02:53 WIB
Oil fell below $55 a barrel on Tuesday, dropping for a third day, as concerns about the spread of the coronavirus and its impact on oil demand outweighed OPEC output cuts and Libyan supply losses.
Crude fell almost 4% on Monday, with other commodities also reporting losses while U.S. and European e...