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Oil rises for 3rd straight session, on pace for best week since December

Friday, 14 February 2020 02:48 WIB Minyak WTI

Oil prices edged higher on Thursday, as investors hoped the world’s biggest producers would cut output more, while they largely shrugged off forecasts of slumping demand due to the coronavirus outbreak in top oil importer China. Brent crude rose 40 cents, or 0.7%, to $56.19 per barrel. U.S. West Texas Intermediate rose 25 cents, or 0.49%, to settle at $51.42 per barrel. U.S. gasoline futures jumped more than 1%, supported by outages at Exxon Mobil Corp’s 502,500 barrel-per-day (bpd) Baton Rouge, Louisiana and at Phillips 66′s 285,000-bpd Bayway refinery in Linden, New Jersey. Source: CNBC

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Thursday, 13 February 2020 19:36 WIB GOLD EMAS

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Energy

Oil futures fell on Friday, pressured by the possibility of a breakdown in the oil alliance between Saudi Arabia and Russia, as the market continues to worry that the spread of COVID-19 will slow

Precious Metals

Gold futures post a nearly 4% weekly gain
Saturday, 22 February 2020 02:08 WIB
Gold futures rallied on Friday, posting a gain of 3.9% for the week and logging their highest most-active contract settlement since February 2013. "Gold has broken out of its historical shackles as

CURRENCIES

Markit's German Manufacturing PMI for February beat estimates with a score of 47.8 points, far above 44.8 expected and 45.3 recorded in January. The score remains below 50 – reflecting ongoing

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