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

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 futures were down 3 cents at $57.87 a barrel. The U.S. benchmark declined 0.8% in the previous session.

Brent rose 5% last week and U.S. crude surged 10% after Iran shot down a U.S. drone on Thursday in the Gulf, adding to tensions stoked by attacks on oil tankers in the area in May and June. Washington has blamed the tanker attacks on Iran, which denies having any role.

U.S. President Donald Trump targeted Iranian Supreme Leader Ayatollah Ali Khamenei and other top Iranian officials with sanctions on Monday, taking an unprecedented step to increase pressure on Iran after Tehran's downing of the drone.

Source: Reuters

RELATED NEWS

U.S. oil futures settle higher, gain nearly 4% for the week
Saturday, 12 October 2019 01:49 WIB

Oil futures settled higher on Friday, with U.S. prices tallying a gain of 3.6% for the week as expectations for progress in U.S.-China trade negotiations eased worries about energy demand. The U.S. and China have reached a partial agreement Friday that may lead to a truce in the trade war, accordin...

Oil Prices Jump 1.6% After Reports of Iranian Tanker Blast
Friday, 11 October 2019 18:21 WIB

Oil prices jumped Friday morning after reports of an Iranian tanker explosion in the Red Sea raised the possibility of tensions in an already simmering Middle East. The tanker sustained damages after being hit by missiles that were launched from the Saudi Arabian port of Jeddah, according to the st...

Oil Set for Weekly Advance on Optimism Around Trade Breakthrough
Friday, 11 October 2019 09:20 WIB

Oil is heading for the first weekly advance since the end of September as U.S.-China trade talks progress, offering a glimmer of hope for global demand. Futures rose as much as 1.1% in New York after jumping 1.8% on Thursday, the most in more than three weeks. President Donald Trump said discu...

Oil Ends at Highest in Over a Week as Traders Focus on U.S.-China Trade Talks
Friday, 11 October 2019 02:13 WIB

Oil prices climbed on Thursday, settling at their highest in more than a week, as traders attempted to make sense of conflicting news reports around U.S.-China trade talks and parsed OPEC's monthly assessment of global supply and demand. West Texas Intermediate crude for November delivery rose 96 c...

Oil Extends Losses on Bearish Headwinds From Trade to Stockpiles
Thursday, 10 October 2019 08:58 WIB

Oil fell for a fourth day on increasing pessimism over the global economic outlook and after American crude inventories expanded more than expected. Futures in New York lost as much as 2.3% in early trading after the South China Morning Post reported no progress was made in trade dis...

ANOTHER NEWS
Dollar holds near 2-1/2-month yen high on U.S.-China partial deal, pound stands tall
Monday, 14 October 2019 08:14 WIB The dollar held near a 2 1/2-month high against the yen on Monday after Washington and Beijing announced progress towards a trade deal, while sterling hovered near a three-month peak on hopes for an orderly British exit from the European Union. On...

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.