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U.S. oil futures up a second straight session

Wednesday, 4 December 2019 03:17 WIB Minyak WTI

U.S. benchmark oil futures settled higher for a second straight session on Tuesday as traders weighed the possibility that the Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, will announce deeper production cuts when they meet later this week. OPEC's Joint Technical Committee, which monitors developments in the oil market, met in Vienna Tuesday, ahead of the OPEC meeting Thursday and OPEC+ gathering Friday. The committee, however, did not discuss deeper output cuts, according to tweets from analysts and traders, which cited comments from delegates. January West Texas Intermediate oil tacked on 14 cents, or 0.3%, to settle at $56.10 a barrel on the New...

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RECENT NEWS

Gold jumped more than 1% on Tuesday on fading optimism surrounding a U.S.-China trade deal after U.S. President Donald Trump said talks could extend until after the presidential elections in November 2020. Spot gold gained 1.12% to $1,478.72 per...

Gold gained after President Donald Trump signaled he'd be willing to wait until next year for a trade accord with China, boosting demand for haven assets. Trump said there's no deadline for a deal, adding that in some ways it could be...

Oil prices steadied around $61 a barrel on Tuesday as rising expectations of deeper output cuts from OPEC and its allies were countered by a potential delay to a U.S.-China trade agreement until after the next U.S. presidential election. Brent...

Gold Rises Amid Heightened Trade Tensions

Tuesday, 3 December 2019 17:40 WIB GOLD EMAS

Gold prices tick higher in a sign of risk aversion among investors, after the U.S. threatened tariffs against France, Brazil and Argentina. The precious metal is up 0.1% at $1,471.20 a troy ounce in the New York futures market, and silver,...

The euro and Japanese yen on Tuesday largely held gains made against the dollar this week after disappointing manufacturing data and signs of new fronts in U.S. President Donald Trump's trade war rattled greenback investors. Moves in currency...

Oil prices rose on Tuesday, as OPEC and its allies discuss whether to deepen a supply cut pact ahead of meetings this week, although prospects after Saudi Arabia's planned listing of Aramco fueled uncertainty for traders, limiting gains. Brent...

Energy

Oil futures ended on a mixed note Thursday, with U.S. prices settling unchanged for the session and global prices higher, as traders awaited a decision on output from major oil producers, following

Precious Metals

Gold futures finished higher Thursday, recouping much of the losses suffered a day earlier, as traders awaited monthly domestic employment data due at the end of the week, which may influence haven

CURRENCIES

Dollar Edges Lower Amid Mixed Messages on Trade
Thursday, 5 December 2019 15:21 WIB
The dollar edged lower against a basket of its rivals on Thursday as mixed messages on trade from U.S. President Donald Trump tempered hopes that China and the U.S. may soon reach an agreement to

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