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Oil Prices Trade Lower as API Data Shows Crude Stockpiles Rise Last Week

Wednesday, 23 October 2019 12:42 WIB Minyak WTI Brent Minyak Mentah Oil, Crude Oil

Oil prices traded lower on Wednesday in Asia after data from the American Petroleum Institute (API) showed that U.S. crude stockpiles rose last week. U.S. Crude Oil WTI Futures lost 0.8% to $54.07 by 12:38 AM ET (04:38 GMT). International Brent Oil Futures were down 0.5% to $59.43. Crude inventories rose by 4.5 million for the week ended Oct. 18, the API said. The Energy Information Administration (EIA)'s weekly report is due tomorrow. Analysts expect the EIA to report a build of 2.23 million barrels. Source : Investing.com

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Energy

Oil prices traded lower on Wednesday in Asia after data from the American Petroleum Institute (API) showed that U.S. crude stockpiles rose last week. U.S. Crude Oil WTI Futures lost 0.8% to $54.07

Precious Metals

Gold prices were steady on Wednesday, as investors awaited more clarity on the Brexit and the U.S.-China trade war, but a rally in the bond markets provided modest support to the bullion. Spot gold

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Wednesday, 23 October 2019 08:32 WIB
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