Oil Drops by Nearly 3%, With U.S. Prices at Lowest in a Month
Friday, 19 July 2019 02:33 WIB | ENERGY |Minyak WTIOil,Crude Oil

Oil futures dropped by nearly 3% on Thursday, sending U.S. prices to their lowest finish in roughly a month. Prices reversed earlier gains, "reacting to the weakness in U.S. equities and over expectations of a production rise from the U.S. Gulf of Mexico region, coming back into service after last week's Hurricane Barry disrupted production," said Mihir Kapadia, chief executive officer of Sun Global Investments.

August West Texas Intermediate oil lost $1.48, or 2.6%, to settle at $55.30 a barrel on the New York Mercantile Exchange. That was the lowest front-month contract finish since June 19, according to FactSet data.

Source : Marketwatch

RELATED NEWS

Oil Prices Slide Amid Lingering Coronavirus Worries
Tuesday, 18 February 2020 13:41 WIB

Oil prices slid on Tuesday in Asia amid lingering demand concerns due to the coronavirus outbreak. U.S. Crude Oil WTI Futures fell 0.6% to $51.99 by 1:15 AM ET (05:15 GMT). International Brent Oil Futures slid 1.0% to $57.10. The decline in oil prices came even after China reported that the number...

Oil Snaps Five-Day Rally While Investors Assess Virus Measures
Tuesday, 18 February 2020 09:44 WIB

Oil snapped the longest run of daily gains this year as investors assessed the demand hit from the coronavirus and stimulus measures being rolled out to cushion its economic impact. Markets are overconfident in expecting a v-shaped recovery and oil prices are likely to remain weak du...

Oil Prices Mixed as Traders Await Coronavirus News, Data Pointers
Monday, 17 February 2020 13:20 WIB

Oil prices were mixed on Monday in Asia as traders await coronavirus news and economic data in Asia due this week. U.S. Crude Oil WTI Futures rose 0.1% to $52.38 by 12:50 AM ET (04:50 GMT), while international Brent Oil Futures slipped 0.1% to $57.28. On Monday morning, Japan said its economy shra...

Oil Prices Slip Ahead of Data Pointers on Impact of Coronavirus on Demand
Monday, 17 February 2020 09:18 WIB

Oil prices edged lower on Monday as investors brace for economic data in Asia due this week that should give a reading on how China's coronavirus epidemic has affected oil demand. Brent crude was at $56.99 a barrel, down 33 cents by 0121 GMT after rising 5.2% last week, the biggest weekly gain sinc...

Oil snaps 5-week losing streak with best week of the year
Saturday, 15 February 2020 03:04 WIB

Oil prices rose on Friday, on track for their first weekly gain since early January as investors bet the economic impact of the coronavirus would be short-lived and hoped for further Chinese central bank stimulus to tackle any slowdown. Brent crude was up 89 cents or 1.6% at $57.23 per barrel. It h...

POPULAR NEWS
Monday, 17 February 2020 08:36
Gold Steadies as Countries Plan Stimulus Measures
Monday, 17 February 2020 12:48
Gold Steadies as Countries Plan Stimulus Measures
Monday, 17 February 2020 09:09
Hong Kong Stocks Fall at Open
ANOTHER NEWS
Oil Prices Slide Amid Lingering Coronavirus Worries
Tuesday, 18 February 2020 13:41 WIB Oil prices slid on Tuesday in Asia amid lingering demand concerns due to the coronavirus outbreak. U.S. Crude Oil WTI Futures fell 0.6% to $51.99 by 1:15 AM ET (05:15 GMT). International Brent Oil Futures slid 1.0% to $57.10. The decline in oil...

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.