DJIA27359.16
LIVE27.13(0.10%)
NDX7966.93
LIVE23.69(0.30%)

Oil prices end lower on U.S. stock market 'meltdown'


Tuesday, 14 May 2019 02:35 WIB

MinyakMinyak WTIMinyak MentahMinyak Brent


c_740_198_16777215_00_images_assets_Oil3_00il.jpeg

Oil futures ended lower on Monday, giving up earlier gains that followed apparent attacks on Saudi crude tankers, as steep declines in the U.S. stock market fed an aversion to so-called riskier assets, which include oil.

West Texas Intermediate crude for June delivery fell 62 cents, or 1%, to settle at $61.04 a barrel on the New York Mercantile Exchange after trading as high as $63.33 earlier in the session. The settlement was the lowest for a front-month contract since March 29, according to Dow Jones Market Data.

Global benchmark July Brent crude lost 39 cents, or 0.6%, to $70.23 a barrel on ICE Futures Europe after tapping a high of $72.58. The loss snapped a three-session winning streak.

Source : MarketWatch


RELATED NEWS

  • Oil prices traded higher on Monday as positive data from China outweighed the country's slowing economy, providing hopes that demand for oil will remain intact. New York-traded West Texas Intermediat...

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.