DJIA22114.70
LIVE-212.78(-0.95%)
NDX7852.08
LIVE-36.93(-0.47%)

U.S. Oil Prices Mark 3rd Gain in a Row as Data Show Sharp Inventory Drop


Friday, 27 December 2019 03:58 WIB

MinyakWTI


c_740_198_16777215_00_images_assets_OIL2_DSC02729.jpg

Crude-oil prices ended sharply higher Thursday in thin post-Christmas trading, as a weekly inventory report indicated a bigger-than-expected decline in stockpiles for oil.

American Petroleum Institute reported late Tuesday that U.S. crude supplies fell by 7.9 million barrels for the week ended Dec. 20, according to sources.

That was more than analysts' consensus expectations for a draw of draw of 1.83 million barrels, according to Reuters.

West Texas Intermediate oil for February delivery added 57 cents, or 0.9%, to settle at $61.68 a barrel on the New York Mercantile Exchange.

Source : Market Watch


RELATED NEWS

  • Oil prices were mixed on Friday as the market weighed the potential benefits of stimulus efforts by policymakers around the world against demand destruction caused by fallout from the rapid spread of ...
  • Oil prices fell on Monday as governments escalated lockdowns to curb the spread of the global coronavirus outbreak that has slashed the demand outlook for oil and threatened a global economic contract...

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.