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Oil Steady Ahead of Data Seen Confirming Sluggish China Growth

Friday, 17 January 2020 09:26 WIB Minyak WTI brent oil Oil, Crude Oil

Oil prices were steady on Friday as investors braced for data expected to show China’s economic growth last year slid to its slowest pace in 29 years, holding on to gains for now after Washington and Beijing inked a long-awaited trade deal. Brent was 3 cents higher at $64.65 by 0123 GMT, after gaining nearly 1% on Thursday. U.S. crude was up 6 cents at $58.58 a barrel, having risen more than 1% the previous session. The Phase 1 accord between the world’s top two economies helped boosted the outlook for global trade, pushing oil prices higher on Thursday. That mood was further boosted after the U.S. Senate approved changes to the U.S.-Mexico-Canada Free Trade Agreement following the...

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Oil traded near its lowest closing level in six weeks as cautious hopes that the U.S.-China trade pact will support demand were offset by signs of ample supply. Futures held near $58 a barrel on Thursday after settling the previous day at the...

The U.S. dollar is largely unchanged in European trade early Thursday, as a degree of calm prevails following the signing of the Sino-U.S. trade deal. At 03:25 ET (08:25 GMT), the euro traded at $1.1155, up 0.1%, while sterling stood at $1.3046,...

Energy

Oil Rises as Libyan Oilfields Shut Down
Monday, 20 January 2020 18:55 WIB
Oil prices rose to their highest in more than week on Monday after two large crude production bases in Libya began shutting down amid a military blockade, risking reducing crude flows from the OPEC

Precious Metals

Gold prices drifted fractionally higher on Monday as U.S. markets remained closed for the Martin Luther King holiday while European ones were content to await the European Central Bank’s policy

CURRENCIES

The pound fell on Monday after comments by UK finance minister Sajid Javid stoked fears about weak ties between the UK and the European Union following the country's departure from the bloc. In an

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