DJIA29232.19
LIVE0(0.00%)
NDX9629.80
LIVE0(0.00%)

Oil Dips as U.S. Output Hits Record, But Global Markets Remain Tight


Thursday, 2 May 2019 08:16 WIB

MinyakWTIBrentOil,


c_740_198_16777215_00_images_assets_OIL2_LYNXMPEB2M052_L.jpg

Oil prices dipped on Thursday after data showed record U.S. crude oil production, which resulted in a surge in stockpiles.

Outside the United States, however, oil markets remained tense as all exemptions to U.S. sanctions on Iran expire, the political crisis in Venezuela escalates, and as producer club OPEC keeps withholding supply.

Spot Brent crude futures, the international benchmark for oil prices, were at $72.09 per barrel at 00:32 GMT, down 9 cents, or 0.1 percent, from their last close.

U.S. West Texas Intermediate (WTI) crude futures were down 2 cents, at $63.58 per barrel, having eased 0.5 percent in the previous session.

Source : Reuters


RELATED NEWS

  • Oil prices were little changed on Tuesday, pressured by concerns over the impact on crude demand from the coronavirus outbreak in China and a lack of further action by OPEC and its allies to support t...

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.