DJIA24706.35
LIVE336.25(1.38%)
NDX6784.61
LIVE66.16(0.98%)

Oil Retreats as Risk Appetite Shrinks After Rally to Bull Market

Monday, 14 January 2019 13:28 WIB Minyak WTI Brent Oil,

Oil extended its retreat as investor appetite for risk assets shrank and uncertainty persisted over how much OPEC output will need to be cut to counter booming U.S. shale supplies. West Texas Intermediate for February delivery declined as much as 74 cents to $50.85 a barrel on the New York Mercantile Exchange, and traded at $51.03 at 1:43 p.m. in Singapore. It dropped 1.9 percent on Friday, snapping its longest rising streak in nine years. Prices still ended 7.6 percent higher last week. Brent for March settlement fell 64 cents to $59.84 a barrel on the London-based ICE Futures Europe exchange, after ending 6 percent higher last week. The global benchmark traded at...

Read more...

RECENT NEWS

The Japanese yen is pushing higher against its American counterpart amid losses in the equity markets. China reported a trade surplus for December 2018 mainly due to a slide in imports (domestic demand) and meager export growth (anemic global...

Gold holds gain after data suggests U.S. inflation is contained around the Federal Reserve's target, giving the central bank little urgency to raise interest rates soon as it signals a more cautious approach in 2019. Adding to the bullish...

Gold prices inched up on Monday, supported by expectations that the U.S. Federal Reserve will not raise rates this year, but the yellow metal faced a strong technical resistance at $1,300, keeping the bullion range-bound for the past couple of...

Oil prices edged up on Monday, supported by ongoing supply cuts from producer club OPEC and Russia and by a drop in U.S. drilling activity. International Brent crude oil futures were at $60.75 per barrel at 0040 GMT, up 27 cents, or 0.5 percent,...

The dollar rose against most of its peers on Monday, although heightened investor expectations that the Federal Reserve will not raise rates this year are most likely to cap the greenback's gains. The Australian dollar and New Zealand dollar edged...

Oil futures fell on Friday, with U.S. prices pulling back to end a nine-session stretch of gains that was the longest since January 2010. February West Texas Intermediate oil fell $1, or 1.9%, to settle at $51.59 a barrel on the New York...

Energy

Oil futures climbed on Friday, with U.S. prices tallying a weekly gain of more than 4% as optimism surrounding progress toward a resolution of the U.S.-China trade dispute eased worries about energy

Precious Metals

Gold futures fell on Friday, suffering from their first weekly decline since mid-December as optimism surrounding the U.S.-China trade dispute contributed to gains in the U.S. stock market and

CURRENCIES

The dollar is holding modest gains as UST 10-year yields climb in risk-on trade amid optimism that U.S.-China trade tensions may be softeningas President Donald Trump prepares to

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.