Oil dips as supply adequate despite Iran sanctions, but market tightening
Wednesday, 24 April 2019 13:48 WIB | ENERGY |Minyak WTIMinyak MentahMinyak Brent

Oil prices fell on Wednesday amid signs that global markets remain adequately supplied, despite a jump to 2019 highs this week on Washington's push for tighter sanctions against Iran.

Brent crude futures were at $74.24 per barrel at 05:50 GMT, down 27 cents, or 0.4 percent, from their last close.

U.S. West Texas Intermediate (WTI) crude futures were at $66.05 per barrel, down 25 cents, or 0.4 percent, from their previous settlement.

Crude oil prices for spot delivery rose to 2019 highs earlier in the week after the United States said on Monday it would end all exemptions for sanctions against Iran, demanding countries halt oil imports from Tehran from May or face punitive action from Washington.

Source : Reuters

RELATED NEWS

Oil prices steady, U.S.-Iran tensions remain in focus
Tuesday, 25 June 2019 08:45 WIB

Oil prices were steady on Tuesday, supported by worries over conflict between Iran and the United States but pressured by concerns about a potential decline in demand for crude. Benchmark Brent crude futures were up 3 cents at $64.89 a barrel by 0034 GMT. They rose 0.5% on Monday. U.S. crude futur...

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,...

ANOTHER NEWS
Gold gives up nearly all of its gains, but settles at highest since late August 2013
Wednesday, 26 June 2019 01:14 WIB Gold futures gave up almost all of their earlier gains by Tuesday afternoon, though still marked the highest most-active contract settlement since August 2013. Federal Reserve Chairman Jerome Powell suggested Tuesday that an interest-rate cut in...

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.