Oil Gains as Gulf Tanker Seizure Raises Tensions
Monday, 22 July 2019 08:39 WIB | ENERGY |Minyak WTIbrent oilOil,Crude Oil

Oil prices rose on Monday amid high tensions in the Middle East after a British tanker was seized by the Iranian military at the end of last week.

Brent crude futures were up 51 cents, or 0.8%, at$62.98 a barrel by 0042 GMT. The international benchmark rose to as high as $63.47 earlier.

West Texas Intermediate (WTI) crude futures were up 15 cents, or 0.3%, at $55.78.

WTI fell over 7% and Brent fell more than 6% last week.

Iran™s Revolutionary Guards said they had captured a British-flagged oil tanker in the Gulf after Britain seized an Iranian vessel earlier this month, ratcheting up tensions along a vital international oil shipping route.

Britain was weighing its next moves on Sunday, with few good options apparent as a recording emerged showing that the Iranian military defied a British warship when it boarded and seized the ship three days ago.

Source : Reuters

RELATED NEWS

Oil Anchored Near $41 With Gains Capped by Rising Stockpiles
Thursday, 9 July 2020 08:27 WIB

Oil was anchored near $41 a barrel in New York with swelling U.S. crude stockpiles raising fresh concerns about supply, while coronavirus cases continued to surge across the world. Stockpiles at the key storage hub of Cushing expanded for the first time since early May as nationwide ...

Oil rises on improving U.S. gasoline demand
Thursday, 9 July 2020 02:45 WIB

Oil prices edged up on Wednesday on signs of a recovery in gasoline consumption in the United States, but rising U.S. crude inventories and an increase in coronavirus infections limited gains. Brent crude futures rose 25 cents to $43.37 a barrel. West Texas Intermediate crude futures settled 28 cen...

Oil Stuck Below $41 With Signs U.S. Crude Stockpiles Swelled
Wednesday, 8 July 2020 14:36 WIB

Oil was anchored below $41 a barrel with an industry report signaling a surprise gain in U.S. crude stockpiles, while concerns linger about the threat to demand from rising coronavirus infections. The American Petroleum Institute reported inventories rose by 2.05 million barrels last...

Oil Stuck Below $41 With Signs U.S. Crude Stockpiles Swelled
Wednesday, 8 July 2020 09:01 WIB

Oil was anchored near $41 a barrel with an industry report signaling a surprise gain in U.S. crude stockpiles, while concerns linger about the threat to demand from rising coronavirus infections. The American Petroleum Institute reported inventories rose by 2.05 million barrels last ...

Oil moves lower as Covid-19 cases spark demand fears
Wednesday, 8 July 2020 02:09 WIB

Oil prices fell on Tuesday amid concerns that a surge in new coronavirus cases, especially in the United States, will hamper any recovery in fuel demand. Brent crude futures declined by 24 cents, or 0.56%, to $42.86. West Texas Intermediate crude futures fell 1 cent, or 0.02%, to settle at $40.62 p...

ANOTHER NEWS
Dollar Gives Ground to Higher-Risk Currencies as Chinese Shares Soar
Thursday, 9 July 2020 15:12 WIB The U.S. dollar fell against most currencies on Thursday as a rally in riskier assets such as global equities and commodities put a dent in safe-haven demand for the U.S. currency. China's yuan rose to a four-month high against the dollar,...

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.