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U.S. Oil Prices End Higher, But Off Session High

Friday, 16 November 2018 03:07 WIB Minyak WTI Oil, Crude Oil

U.S. oil futures settled higher on Thursday, clawing back from the nearly one-year low it settled at earlier this week. Prices, however, ended off the session's best level as U.S. government data revealed that domestic crude supplies rose for an eighth straight week and output reached another record. The Energy Information Administration reported a hefty 10.3 million-barrel rise in crude stockpiles and pegged output at 11.7 million barrels a day for the week ended Nov. 9. December West Texas Intermediate oil added 21 cents, or 0.4%, to settle at $56.46 a barrel on the New York Mercantile Exchange, down from the intraday high of $57.26. It rose Wednesday, but settled at $55.69 on Tuesday,...

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Gold prices, meanwhile, ended higher, shaking off pressure from a stronger dollar to hold on to a week-to-date gain as U.S. and European equities declined. On Thursday, December gold added $4.90, or 0.4%, to settle at $1,215 an ounce, now up over...

The U.S. dollar was higher on Thursday as jobless claims data remained in line with a strong economy, supporting a Federal Reserve rate increase. The U.S. dollar index, which measures the greenback’s strength against a basket of six major...

Gold moved little after Labor Department data Thursday showed that initial weekly U.S. jobless claims rose by 2,000 to a seasonally adjusted 216,000 in the week to Saturday. December gold turned into green territory after economic datas, up less...

Oil slipped to near $56 a barrel, after snapping a record run of declines, as traders assessed signs of rising U.S. crude inventories and a stronger dollar. Futures in New York fell as much as 1.2 percent after recovering slightly on...

The dollar jumped and traders bought into the safe-haven yen on Thursday after Britain's Brexit deal with the European Union was plunged into uncertainty, spooking investors. The resignation of British Brexit minister Dominic Raab sent sterling...

Sterling plunged one percent against the euro and dollar and British govenrment bond yields dropped sharply on Thursday on news that Britain's Brexit minister Dominic Raab had resigned. In a sign of just how hard the vote in the British parliament...

Energy

U.S. Oil Prices End Higher, But Off Session High
Friday, 16 November 2018 03:07 WIB
U.S. oil futures settled higher on Thursday, clawing back from the nearly one-year low it settled at earlier this week. Prices, however, ended off the session's best level as U.S. government data

Precious Metals

Gold prices, meanwhile, ended higher, shaking off pressure from a stronger dollar to hold on to a week-to-date gain as U.S. and European equities declined. On Thursday, December gold added $4.90,

CURRENCIES

Dollar Rises After Jobless Claims Data
Friday, 16 November 2018 00:07 WIB
The U.S. dollar was higher on Thursday as jobless claims data remained in line with a strong economy, supporting a Federal Reserve rate increase. The U.S. dollar index, which measures the

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