Oil settles roughly flat a traders weigh prospects for output curbs, ahead of weekly data on U.S. crude supplies
Wednesday, 12 June 2019 03:16 WIB | ENERGY |Minyak WTI

Oil prices made only modest moves on Tuesday, settling roughly unchanged for the session, as traders weighed uncertainty surrounding a supply decision by OPEC and its allies and awaited a report that™s expected to reveal a modest, second straight weekly rise in U.S. crude supplies.

West Texas Intermediate crude for July delivery on the New York Mercantile Exchange rose by one cent, or 0.02%, to settle at $53.27 a barrel, while August Brent crude settled unchanged at $62.29 a barrel on ICE Futures Europe.

In other energy trading, July gasoline rose 1.5% to $1.756 a gallon, while July heating oil rose 0.9% to $1.822 a gallon.

Source: marketwatch

RELATED NEWS

Oil rises as markets wait on virus impact, US stocks fall
Wednesday, 29 January 2020 20:12 WIB

Oil prices rose for a second day on Wednesday, recouping some losses after a five-day rout on talk that OPEC could extend oil output cuts if a new coronavirus hurts demand, while data showing a decline in U.S. stockpiles helped steady prices. Brent crude rose 66 cents, or 1.1%, to $60.17 a barrel b...

Oil gains amid assessment of China virus impact, possible OPEC supply cuts
Wednesday, 29 January 2020 13:40 WIB

Oil prices rose for a second day on Wednesday, standing on firmer ground after a five-day rout on talk that OPEC could extend oil cuts if a new coronavirus hurts demand, while data showing a decline in U.S. stockpiles also helped steady prices. Brent crude (LCOc1) rose 85 cents, or 1.43%, to $60.36...

Oil Extends Revival From Virus Rout After U.S. Stockpiles Report
Wednesday, 29 January 2020 09:14 WIB

Oil extended its recovery from a virus-induced slump as a report showing a drop in U.S. crude inventories, a rebound on Wall Street and speculation OPEC+ will step in to prop up prices reassured investors. The American Petroleum Institute reported stockpiles fell by 4.27 million barrels l...

Oil rout extends to sixth day as China virus death toll rises
Tuesday, 28 January 2020 18:23 WIB

Oil futures were set for a sixth day of losses as the death toll from a virus in China rose, but the heavy sell-off of recent sessions was curbed by output outages in Libya and OPEC comments designed to calm demand fears. Brent crude (LCOc1) was down 51 cents at $58.81 a barrel at 0925 GMT, having ...

Oil falls for sixth day as China virus raises global growth, demand concerns
Tuesday, 28 January 2020 13:57 WIB

Oil futures fell for a sixth session on Tuesday as the spread of a new virus in China and several countries raised concerns about a hit to economic growth and oil demand. Brent crude was down 37 cents, or 0.6%, to $58.95 at around 03:48 GMT, after touching a three-month low on Monday at $58.50, as ...

ANOTHER NEWS
Gold Little Changed as Investors Assess Cornoavirus, Corporate Earnings
Wednesday, 29 January 2020 21:14 WIB Gold futures hovered near unchanged Wednesday as traders weigh the spread of coronavirus cases, while equities appear poised for further gains as U.S. earnings reporting season moves into full swing. Gold for February delivery on Comex were flat...

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.