Oil Prices Fall on China Data, Trade War Jitters
Tuesday, 15 October 2019 18:52 WIB | ENERGY |Crude OilOil,brent oilMinyak WTI

Oil prices fell further on Tuesday, after heavy losses in the previous session following two days of weak Chinese data and as investors continued to fret over prospects for a U.S.-China trade deal despite signs of a truce last week.

Brent crude fell $0.44, or nearly 1%, to $58.94 a barrel, while U.S. West Texas Intermediate (WTI) crude dropped 55 cents, or 1%, to $53.05.

The National Bureau of Statistics (NBS) reported on Tuesday that China™s factory gate prices declined at the fastest pace in more than three years in September.

The U.S.-China trade dispute also continued to cast a shadow on the global economy.

Source : Reuters

RELATED NEWS

Oil Down as U.S. Virus Spike Stokes Demand Worries
Tuesday, 7 July 2020 18:27 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 44 cents, or 1.02%, to $42.66, after hitting a high of $43.19. West Texas Intermediate crude futures fell 53 cen...

Oil Prices Inch Higher on Output Cut Support, But U.S. Coronavirus Spike Caps Gains
Tuesday, 7 July 2020 10:29 WIB

Oil prices cautiously rose in early trade on Tuesday with major producers sticking to supply cuts, but gains were capped as U.S. coronavirus cases surged, potentially hampering a recovery in fuel demand. U.S. West Texas Intermediate (WTI) crude futures climbed 13 cents, or 0.3%, to $40.76 a barrel ...

Oil steady as hopeful economic data face spike in virus cases
Tuesday, 7 July 2020 02:53 WIB

Oil futures ended largely steady on Monday as positive economic data supported prices, while a spike in coronavirus cases in the United States that could curb fuel demand pressured prices. Brent crude settled at $43.10 a barrel, up 30 cents. U.S. West Texas Intermediate (WTI) crude settled at $40.6...

Oil Mixed on Tighter Supply, Surge in U.S. Virus Cases
Monday, 6 July 2020 19:04 WIB

Oil prices were mixed on Monday, with Brent crude edging higher, supported by tighter supplies and positive economic data, while U.S. benchmark WTI futures dropped on concern that a spike in coronavirus cases could curb demand in the United States. Brent crude LCOc1 was up 40 cents, or 1%, to $43.2...

Oil Prices Mixed as Coronavirus Spike Casts Shadow Over U.S. Demand
Monday, 6 July 2020 13:12 WIB

Oil prices offered up a mixed market snapshot on Monday, with Brent crude edging higher, supported by tighter supplies, while U.S. benchmark WTI futures dropped on concern that a spike in coronavirus cases could curb oil demand in the United States. Brent crude rose 18 cents, or 0.4%, to $42.98 a b...

ANOTHER NEWS
Gold Retreats from Multi-Year Peak as Dollar Rebounds
Tuesday, 7 July 2020 19:13 WIB Gold fell on Tuesday in the face of competition from safe haven inflows into the dollar as COVID-19 cases increased globally and investors booked profits following bullion's rally to a near eight-year peak. Spot gold fell 0.4% to $1,776.43 per...

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.