Oil pops higher ahead of EIA inventory report
Wednesday, 17 July 2019 20:21 WIB | ENERGY |MinyakMinyak WTICadangan Minyak Mentah ASMinyak Brent

Oil futures were on track to snap a two-slide and recover a fraction of Tuesday's losses ahead of a weekly report on U.S. inventories.

The Energy Information Administration is scheduled to release U.S. crude stockpiles at 10:30 a.m. Eastern Time, which could show a fifth consecutive weekly fall. Analysts expect the government report to reveal a fall of 4.2 million barrels in crude supplies, on average, for the week ended July 12, according to a survey conducted by S&P Global Platts.

August West Texas Intermediate crude gained 70 cents, or 1.2%, to $58.32 a barrel on the New York Mercantile Exchange, recapturing a portion of its 3.3% tumble on Tuesday. International benchmark September Brent added 88 cents, or 1.4%, at $65.22 a barrel on ICE Futures Europe, after its 3.2% skid in the prior session.

Source : MarketWatch

RELATED NEWS

Oil Ends Lower as Demand Worries Pressure Prices
Friday, 23 August 2019 02:17 WIB

Oil futures ended lower on Thursday, weighed down by expectations for surplus supplies, with the economy and energy demand moving back into focus on the first day of the Jackson Hole economic policy symposium in Wyoming. West Texas Intermediate crude for October delivery on the New York Mercantile ...

Oil Prices Rise On Brief Respite From Economic Concerns, Hope For Supply Cuts
Thursday, 22 August 2019 19:12 WIB

Oil prices rose on Thursday as an unexpected increase in business activity in the euro zone gave traders some respite from economic worries as they await further stimulus from central banks, while hopes that OPEC has room for further supply cuts supported sentiment. New York-traded West Texas Inter...

U.S. oil prices settle lower as crude supplies log first weekly slump in 3 weeks
Thursday, 22 August 2019 02:51 WIB

U.S. oil futures settled lower Wednesday after the government reported a weekly decrease in domestic crude supplies, the first in three weeks, but smaller than the market expected. Concerns over energy demand also continued to pressure prices. West Texas Intermediate crude for October delivery fel...

Oil prices climb as U.S. inventory report shows supply drop
Wednesday, 21 August 2019 19:21 WIB

Oil futures headed higher Wednesday, with prices advancing after a report on U.S. inventories showed a sizable reduction in supplies. West Texas Intermediate crude for October WTI contract gained 75 cents, or 1.3%, to $56.86 a barrel on the New York Mercantile Exchange, while the October contract f...

Front-month oil futures settle higher, with data expected to reveal a weekly decline in U.S. crude supplies
Wednesday, 21 August 2019 02:49 WIB

Front-month oil futures contracts settled higher for a third straight session on Tuesday, ahead of U.S. government data that are expected to reveal a weekly decline in domestic crude stockpiles, following back-to-back weekly supply increases. West Texas Intermediate crude for September delivery tac...

ANOTHER NEWS
Hong Kong Stocks Flat At Open
Friday, 23 August 2019 09:17 WIB Hong Kong stocks opened marginally higher on Friday following big losses the day before and hours before a key speech by Federal Reserve boss Jerome Powell later in the day. The Hang Seng Index edged up 9.16 points to 26,057.88 at the open. The...

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.