DJIA27005.50
LIVE-71.32(-0.26%)
NDX7845.23
LIVE-7.18(-0.09%)

Oil Ends Lower as Demand Worries Pressure Prices


Friday, 23 August 2019 02:17 WIB

Minyak WTIbrent oilOil,Crude Oil


c_740_198_16777215_00_images_assets_Oil3_Oil-Rig-Workers-1038x576.jpg

Oil futures ended lower on Thursday, weighed down by expectations for surplus supplies, with the economy and energy demand moving back into focus on the first day of the Jackson Hole economic policy symposium in Wyoming.

West Texas Intermediate crude for October delivery on the New York Mercantile Exchange fell 33 cents, or 0.6%, to settle at $55.35 a barrel. Prices, based on the front-month contract, trade about 1% higher than the week-ago finish, but down 5.5% for the month so far. October Brent crude shed 38 cents, or 0.6%, to $59.92 a barrel on ICE Futures Europe—logging its first decline in five sessions.

Source : Marketwatch


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.