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U.S. Oil Benchmark Ends Slightly Lower


Saturday, 11 May 2019 02:06 WIB

Minyak WTIbrent oilOil,Crude Oil


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Oil futures ended with a small loss Friday. "The key factor moving forward is the extent to which markets are currently pricing in Iranian supply disruptions," said Ryan Giannotto, director of research at GraniteShares. "How far will their exports actually fall, and to what extent will OPEC increase their own production? This latter question is complicated in particular if trade uncertainties fester," he said.

June West Texas Intermediate crude fell 4 cents, or 0.1%, to end at $61.66 a barrel on the New York Mercantile Exchange.

Source : Marketwatch


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