Crude Futures Fall After Strong Build in U.S. Oil Products Stocks
Thursday, 18 July 2019 08:27 WIB | COMMODITY |MinyakWTIBrent

Oil prices fell on Thursday, extending declines into a fourth day, after official data showed U.S. stockpiles of products like gasoline rose sharply last week, suggesting weak demand during the peak driving season.

Brent crude futures were down 15 cents, or 0.2%, at $63.51 a barrel by 00:44 GMT. They fell 1.1% on Wednesday.

U.S West Texas Intermediate crude futures fell 26 cents, or 0.5%, to $56.52. The U.S. benchmark dropped 1.5% in the previous session.

While data on Wednesday from the U.S. Energy Information Administration showed a larger-than-expected drawdown in crude stockpiles last week, traders focussed on large builds in refined product inventories dragging prices down.

Source : Reuters

RELATED NEWS

Oil Steady as Asian States Seek to Offset Virus Hit to Economies
Monday, 17 February 2020 19:09 WIB

Oil steadied near $57 a barrel in London as China and other Asian states promised economic stimulus to offset the impact of the coronavirus, buoying the outlook for fuel demand. Prices recovered more than 5% last week, the biggest gain since September, as some of the fears over how far the inf...

Oil Prices Steady Amid Possibility of Deeper Supply Cuts
Friday, 14 February 2020 12:59 WIB

Oil prices steadied on Friday in Asia amid possibility of deeper supply cuts from major producers. U.S. Crude Oil WTI Futures inched up 0.1% to $51.48 by 12:30 AM ET (04:30 GMT). International Brent Oil Futures was little changed at $56.35. The Organization of the Petroleum Exporting Countries (OP...

Crude Heads for Weekly Advance as Corona Virus Worries Recede
Friday, 14 February 2020 07:28 WIB

Oil is on track to post its first weekly gain since the start of January on optimism that the coronavirus outbreak could be abating. Futures in New York were little changed, after rising 0.5% on Thursday. They are up more than 2% over the week, on course to break a run of five straight weekly decli...

Oil Rally Runs Into Turbulence After Jump in Chinese Virus Cases
Thursday, 13 February 2020 13:17 WIB

A nascent rebound in oil prices ran into turbulence after China™s Hubei province reported almost 15,000 new coronavirus cases as it changed its method for counting infections. The government of the province at the heart of the outbreak said it had carried out a review of past suspected cases...

Oil Extends Rally Above $50 on Optimism Virus Stabilizing
Thursday, 13 February 2020 07:34 WIB

Oil extended a rebound into a third day as optimism the global economy can recover from the impact of the coronavirus boosted investor confidence. Futures in New York were up 0.6%, after jumping 2.5% Wednesday. New cases of the virus reported in China may be easing and President Xi Jinping&nbs...

POPULAR NEWS
Monday, 17 February 2020 08:36
Gold Steadies as Countries Plan Stimulus Measures
Monday, 17 February 2020 12:48
Gold Steadies as Countries Plan Stimulus Measures
Monday, 17 February 2020 09:09
Hong Kong Stocks Fall at Open
ANOTHER NEWS
Oil Falls on Coronavirus Hit to Demand, OPEC+ Delay
Tuesday, 18 February 2020 19:48 WIB Oil fell below $57 a barrel on Tuesday, pressured by concerns over the impact on oil demand from the coronavirus outbreak in China and a lack of further action by OPEC and its allies to support the market. Forecasters including the International...

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.