Oil Cools After Biggest Gain Since Saudi Attack on U.S. Supplies
Thursday, 24 October 2019 09:51 WIB | ENERGY |Crude OilOil,Minyak MentahBrentWTIMinyak

Oil erased some gains after its biggest price rally since the attacks on Saudi facilities five weeks ago following a surprise decline in U.S. crude stockpiles.

West Texas Intermediate for December delivery lost 47 cents to $55.50 a barrel on the New York Mercantile Exchange as of 10:40 a.m. Singapore time. The contract added $1.49 to close at $55.97 on Wednesday, the biggest increase since Sept. 16.

Brent for December settlement fell 34 cents, or 0.6%, to $60.83 a barrel on the London-based ICE Futures Europe Exchange. The contract rose $1.47 to $61.17 on Wednesday. The global benchmark crude traded at a $5.32 premium to WTI.

Source : Bloomberg

RELATED NEWS

Oil falls 3% to settle under $50 for first time in 2 weeks
Wednesday, 26 February 2020 02:53 WIB

Oil fell below $55 a barrel on Tuesday, dropping for a third day, as concerns about the spread of the coronavirus and its impact on oil demand outweighed OPEC output cuts and Libyan supply losses. Crude fell almost 4% on Monday, with other commodities also reporting losses while U.S. and European e...

Oil Holds Biggest Loss in Seven Weeks on Worsening Virus Outlook
Tuesday, 25 February 2020 08:43 WIB

Oil held its biggest loss in almost seven weeks as investors attempted to gauge the economic consequences of the fast-spreading coronavirus and whether it would become a global pandemic. Futures in New York edged higher after tumbling 3.7% Monday amid a broad market selloff driven by a sh...

U.S. oil prices settle down nearly 4% as coronavirus outbreak spreads
Tuesday, 25 February 2020 02:59 WIB

Oil futures settled lower on Monday, with U.S. prices losing almost 4% as the market continued to fret over the impact of coronavirus on energy demand. "It could be a bloodbath for oil in the short-term as the risks of a global pandemic will cripple travel and trade," said Edward Moya, senior marke...

Oil Prices Slide Over 3% on Demand Concerns as Virus Spreads
Monday, 24 February 2020 18:39 WIB

Oil prices tumbled by more than 3% on Monday, as the rapid spread of a coronavirus in several countries outside China left investors concerned about a hit to demand. Global shares also extended losses as worries about the impact of the new virus grew, with the number of infections jumping in Iran, ...

Oil prices fall 2% on demand concerns as coronavirus spreads outside China
Monday, 24 February 2020 08:10 WIB

Oil prices tumbled more than 2% on Monday as investors worried about a hit to demand from the coronavirus outbreak, which is spreading rapidly outside China. Brent crude fell by $1.50 or 2.5% to $57.00 a barrel by 2332 GMT. U.S. crude futures fell by $1.26 or 2.3% to $52.12. Concerns about the cor...

ANOTHER NEWS
Hong Kong Stocks Finish With Gains (Review)
Wednesday, 26 February 2020 04:23 WIB Hong Kong stocks snapped a three-day losing streak Tuesday to end with a small gain on bargain buying, but investors remain on edge over fears of a coronavirus pandemic. The Hang Seng Index rose 0.3 percent, or 72.35 points, to close at...

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.