U.S. oil futures settle higher, gain nearly 4% for the week
Saturday, 12 October 2019 01:49 WIB | ENERGY |Minyak WTICadangan Minyak Mentah ASMinyak Mentah

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, according to a report from Bloomberg News.

November West Texas Intermediate oil rose $1.15, or 2.2%, to settle at $54.70 a barrel on the New York Mercantile Exchange. That was the highest front-month contract finish since Sept. 27, according to FactSet data.

Source : MarketWatch

RELATED NEWS

Oil Pares Weekly Loss as Market Weighs Trade Deal Against Supply
Friday, 15 November 2019 09:23 WIB

Oil pared a weekly loss as investors weighed signs of progress in the U.S.-China trade war against swelling American crude inventories. Futures added 0.4% in New York after dropping 0.6% on Thursday. A phase one deal with China is close, White House Economic adviser Larry Kudlow told repo...

Oil falls on larger-than-expected US inventory
Friday, 15 November 2019 02:53 WIB

Oil prices fell on Thursday as U.S. crude futures were pressured by a build in domestic inventories and record production, while forecasts from the Organization of the Petroleum Exporting Countries for a lower-than-expected oil surplus supported Brent. Brent futures fell 7 cents to settle at $62.30...

Oil Prices Rise Amid Falling U.S. Crude Inventories
Thursday, 14 November 2019 13:46 WIB

Oil prices gained on Thursday in Asia after the American Petroleum Institute (API) reported that U.S. crude inventories fell last week. U.S. Crude Oil WTI Futures rose 0.7% to $57.51 by 1:08 AM ET (05:08 GMT). International Brent Oil Futures also gained 0.6% to $62.77. The API reported that crude ...

Oil rises on decline in U.S. crude stocks, Fed comments on economy
Thursday, 14 November 2019 08:43 WIB

Oil prices rose on Thursday, extending gains from the previous session, as an industry report showing a fall in U.S. crude stockpiles last week added to positive comments by the U.S. Federal Reserve head on the U.S. economy. U.S. West Texas Intermediate crude was up 20 cents, or 0.4%, at $57.32 a b...

Oil edges up ahead of US storage data as OPEC, Fed see robust economy
Thursday, 14 November 2019 03:06 WIB

Oil prices edged up on Wednesday after the Organization of the Petroleum Exporting Countries said it saw no signs of global recession and rival U.S. shale oil production could grow by much less than expected in 2020. Also supporting prices were comments by Federal Reserve Chair Jerome Powell, who s...

ANOTHER NEWS
European stocks close higher as US-China trade deal hopes return
Friday, 15 November 2019 23:55 WIB European stocks closed higher Friday amid optimistic sounds out of the White House on a prospective trade deal between the U.S. and China. The pan-European Stoxx 600 closed up 0.35% to 405.83. Basic resource stocks ” with their exposure to China...

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.