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

U.S. Oil Rebounds on Lower Output From U.S., Russia, OPEC


Tuesday, 1 October 2019 09:20 WIB

Minyak WTIOil,Crude Oil


c_740_198_16777215_00_images_assets_OIL2_08791ab0-dad0-11e3-9a27-00144feabdc0.jpg

U.S. crude futures rebounded in early Asian trade on Tuesday after production at the world's largest oil producers fell in the third quarter, partly recovering from a more than 3% drop in the previous session.

U.S. West Texas Intermediate crude was up 45 cents, or 0.7 percent, at $54.52 a barrel by 0127 GMT.

Output from the Organization of the Petroleum Exporting Countries and Russia fell in September while production from the United States dropped for a third month in July.

OPEC's output fell to the lowest in eight years in September at 28.9 million barrels per day (bpd), down 750,000 bpd from August's revised figure and the lowest monthly total since 2011, a Reuters survey found.

Saudi Aramco has restored full oil production and capacity to the levels they were at before attacks on its facilities on Sept. 14, the head of its trading arm said on Monday. Saudi Arabia pumped about 9.78 million bpd in August.

Source : Reuters


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.