DJIA27909.60
LIVE-105.46(-0.38%)
NDX8362.74
LIVE-34.63(-0.41%)

Oil Prices Little Changed as Trade Talk Optimism Offsets Weak China Data


Friday, 1 February 2019 14:16 WIB

MinyakWTIBrentOil,


c_740_198_16777215_00_images_assets_Oil3_shaleoil.jpg

Oil prices were little changed on Friday in Asia amid reports that U.S. and China are making progress in trade negotiations, while a private survey released earlier in the day reinforced fears of an economic slowdown in China.

The Caixin/Markit index of manufacturing for January fell a second straight month and reached 48.3 from last months 49.7. Analysts previously expected only a marginal drip for January to 49.5.

Crude Oil WTI Futures last traded at $53.78 per barrel at 1:56 AM ET (06:56 GMT), down 0.02%. For January, it rose 18.5% for its best advance since April 2016. According to Reuters, that near-19% gain also made it WTI's best January on record.

Brent Oil Futures, the global oil benchmark, edged up 0.1% to $60.89. Brent was up about 15% in January, also the best monthly gain since April 2016.

Source : Investing.com


RELATED NEWS

POPULAR NEWS

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.