Oil futures climbed Friday, tallying a gain for the week, their first in three weeks. "Today's rise reflected some reluctance to go home short over the weekend given the uncertainties in the Persian Gulf...," said Marshall Steeves, energy markets analyst at IHS Markit. "Overall, the market is range bound with these supply uncertainties offset by weakening demand.  So while there was a rise today and for the week, there remains a longer-term downtrend," he said. September West Texas Intermediate oil added 40 cents, or 0.7%, to settle at $54.87 a barrel on the New York Mercantile...

Read more

RECENT NEWS

Oil prices on Thursday hit their highest in over 2-1/2 years, marking levels not seen since before a slump in commodity markets in 2014/15, boosted by tensions in key producer Iran and by ongoing OPEC-led output cuts. Prices were also buoyed by Asias stock markets, which flirted with 10-year highs on Thursday amid strong data from leading economies including the United States, Japan and...

Oil extended gains from the highest close in three years as U.S. industry data showed crude stockpiles continued to decline and as OPEC production held steady last month. Futures added 0.3 percent toward $62 a barrel in New York after rising 2.1 percent on Wednesday. Inventories slid by 4.99 million barrels last week, the American Petroleum Institute was said to report. Government...

Gold declines for a second day as investors weigh minutes from the Federal Reserve's meeting last month that showed most officials reiterating support for higher interest rates. Bullion for immediate delivery dipped 0.5% to $1,306.92/oz at 9:34am in Singapore after lost 0.3% on Wed., to head for first back-to-back drop since Dec. 7, according to Bloomberg generic pricing Bloomberg...

The dollar extended gains on Thursday after upbeat U.S. data and supportive minutes from the Federal Reserve's latest policy meeting helped it shake off recent weakness. The dollar was 0.2 percent higher at 112.710 yen in early Asian trading. It touched a 2-1/2-week low of 112.055 on Tuesday after declining steadily from a high above 113.750 scaled in December. The euro was 0.05 percent lower...

Oil Prices Settle at a 3-Year High

Thursday, 4 January 2018 03:35 WIB

Oil prices rallied Wednesday to their highest settlement in about three years as ongoing protests in Iran continued to raise concerns over crude output in the country, which is the Organization of the Petroleum Exporting Countries' third-biggest producer. Prices also climbed ahead of Thursday's holiday-delayed Energy Information Administration report, which is expected to reveal a drop of 5.7...

PRECIOUS METALS
Gold Futures Settle Lower, Post a Third Straight Weekly Gain
Saturday, 17 August 2019 01:26 WIB Gold futures fell on Friday, but posted a gain for the week--their third in row. "Drivers for gold have included global growth in negative interest...
ENERGY
U.S. Oil Futures Tally Gains For The Session And Week
Saturday, 17 August 2019 02:22 WIB Oil futures climbed Friday, tallying a gain for the week, their first in three weeks. "Today's rise reflected some reluctance to go home short over...
CURRENCIES
Dollar Gains vs Franc, Yen as Mood Improves
Friday, 16 August 2019 15:27 WIB Risk sentiment returned to the foreign exchange markets early Friday in Europe, with the Swiss franc and yen retreating against the dollar, and the...

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.