Oil Prices Ease, But Middle East Tanker Attacks Support
Friday, 14 June 2019 08:31 WIB | COMMODITY |MinyakWTIBrent

Oil fell on Friday after sharp gains in the previous session when prices were boosted after attacks on two oil tankers in the Gulf of Oman stoked concerns of reduced crude flows through one of the world's key shipping routes.

The attacks near Iran and the Strait of Hormuz countered concerns about global demand that had hammered prices in recent weeks, analysts said.

It was the second time in a month tankers have been attacked in the world's most important zone for oil supplies, amid rising tensions between the United States and Iran. Washington quickly blamed Iran for Thursday's attacks, but Tehran bluntly denied the allegation.

Brent crude futures were down 17 cents, or 0.3%, at $61.14 a barrel by 00:41 GMT. They settled up 2.23% on Thursday, at $61.31, having risen as much as 4.5%.

U.S. West Texas Intermediate crude futures were down 39 cents, or 0.8%, at $51.89 a barrel. They closed 2.23% higher at $52.28 a barrel in the previous session, having also risen as much as 4.5%.

Source : Reuters

RELATED NEWS

Oil Edges Higher as U.S.-China Trade Talks Get Under Way
Thursday, 10 October 2019 19:32 WIB

Oil futures edged higher in choppy price action Thursday as traders attempted to make sense of conflicting news reports around U.S.-China trade talks and parsed OPEC™s monthly assessment of global supply and demand. West Texas Intermediate crude for November delivery rose 23 cents, or 0.4%, to $5...

Oil Set for Biggest Weekly Drop Since July on Demand Pessimism
Friday, 4 October 2019 19:07 WIB

Oil headed for its biggest weekly decline since the middle of July as a streak of disappointing economic data added to fears a global recession is coming. Futures in New York edged higher Friday, but are down 5.8% this week. A key measure of American service industry activity dropped...

Oil Prices Edge up From 2-Month Low; Saudi Output Recovers
Thursday, 3 October 2019 19:33 WIB

Oil prices bounced along near two-month lows on Thursday, still hit by fears that the global economic slowdown will again leave the market awash in too much crude next year. By 8:12 AM ET (12:12 GMT), U.S. benchmark futures prices were at $52.38 a barrel, down 0.4% on the day and close to the two-m...

Oil Rebounds After Worst Quarter of 2019, Yet Demand Fears Weigh
Tuesday, 1 October 2019 18:45 WIB

Oil rose after its biggest quarterly slump of the year, yet ongoing concerns that a faltering global economy will erode demand continued to weigh on the market. Futures increased 1.1% in New York, having tumbled 7.5% in the past three months as Saudi Arabia fully restored its output ...

Oil Falls as China Economic Outlook Remains Weak
Monday, 30 September 2019 20:37 WIB

Oil slipped on Monday as China™s economic outlook remained weak even as manufacturing data improved, with an ongoing trade war with the United States weighing on demand growth for the world™s largest crude importer. Brent crude futures were down 91 cents or 1.5% at $61 a barrel. U.S. West Texas...

ANOTHER NEWS
Dollar holds near 2-1/2-month yen high on U.S.-China partial deal, pound stands tall
Monday, 14 October 2019 08:14 WIB The dollar held near a 2 1/2-month high against the yen on Monday after Washington and Beijing announced progress towards a trade deal, while sterling hovered near a three-month peak on hopes for an orderly British exit from the European Union. On...

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.