Oil Under Pressure as Trade Talks Drag On
Tuesday, 19 November 2019 19:30 WIB | ENERGY |Crude OilOil,brent oilMinyak WTI

Oil extended declines, breaking below $62 a barrel on Tuesday, pressured by limited progress in efforts to resolve the trade conflict between the United States and China as well as an expected rise in U.S. crude inventories.

A Chinese government source was quoted by CNBC on Monday as saying there was gloom in Beijing about prospects for a trade deal. The long-running dispute has hit economic growth prospects and clouded the outlook on oil demand.

Brent crude, the global benchmark, was down 64 cents at $61.80 a barrel . It had reached $63.65 ” the highest since Sept. 24 ” on Thursday. U.S. West Texas Intermediate (WTI) crude dropped 66 cents to $56.39.

Source : Reuters

RELATED NEWS

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...

Oil Prices Rise 1%, on Course for Weekly Gain
Friday, 14 February 2020 18:27 WIB

Oil prices rose on Friday and held 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 57 cents or 1% at $56.91 a barrel b...

Oil rises for 3rd straight session, on pace for best week since December
Friday, 14 February 2020 02:48 WIB

Oil prices edged higher on Thursday, as investors hoped the world™s biggest producers would cut output more, while they largely shrugged off forecasts of slumping demand due to the coronavirus outbreak in top oil importer China. Brent crude rose 40 cents, or 0.7%, to $56.19 per barrel. U.S. West ...

POPULAR NEWS
Saturday, 15 February 2020 04:28
S&P 500 posts slim gain, helped by Nvidia boost
Saturday, 15 February 2020 01:47
Gold futures score gains for the session and week
Monday, 17 February 2020 08:36
Gold Steadies as Countries Plan Stimulus Measures
ANOTHER NEWS
Gold Eases From Near 2-Week High on China Central Bank Stimulus
Monday, 17 February 2020 19:13 WIB Gold prices on Monday eased from a near two-week high, as a monetary policy intervention by China's central bank to limit the economic impact from the coronavirus outbreak reassured investors and boosted demand for higher-risk assets. Spot gold...

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.