Solid Gold Berjangka Portal News

DJIA

37735.11

LIVE-248.13(-0.65%)

NDX

17706.83

LIVE-296.65(-1.65%)

Oil Prices Ease as Traders Weigh Middle East Tensions, Demand

Tuesday, 23 July 2019 09:06 WIB

Minyak WTI brent oil Oil,Crude Oil

Oil prices inched lower on Tuesday as the International Energy Agency (IEA) said it would act quickly if needed to keep the market supplied amid tensions in the Middle East and traders eyed a weaker demand outlook.

Brent crude futures slipped 2 cents to $63.24 a barrel by 0121 GMT. The international benchmark rose more than 1% in the previous session, following Iran’s seizure of a British tanker last week that stoked fears of supply disruptions from the energy-rich Gulf.

West Texas Intermediate (WTI) crude futures were down 6 cents, or 0.11% at $56.16 per barrel.

The International Energy Agency (IEA) said it was closely monitoring developments in the Strait of Hormuz.

Source : Reuters

RELATED NEWS

Oil Edges Up After OPEC+ Extends Output Cuts Through Second Quarter ...
Oil prices ticked up slightly on Monday following the widely expected extension of voluntary output cuts by the OPEC+ producer group on Sunday. Brent futures climbed 14 cents to $83.69 a barrel at 07...

Oil Futures Settle Higher After a 6-Session Streak of Losses ...
Oil futures finished higher Friday after a six-session streak of declines, but marked a seventh weekly loss in a row. Oil's overall loss highlights how "unimpressed traders were with the OPEC+ product...

Oil Edges Up on Expectations of Further OPEC+ Supply Cuts...
Oil futures edged higher on Monday, extending gains on the prospect of OPEC+ deepening supply cuts to shore up prices that have fallen for four weeks on demand concerns and Middle East supply disrupti...

Oil Extends Three Weekly Drops With Focus on Demand Outlook...
Oil extended three weeks of declines as traders wait for industry reports to confirm whether the recent run lower has been overdone. Brent crude dropped below $81 a barrel, after losing ab...

WTI Oil Ends Higher For 9th Straight Session...
US crude futures post their ninth straight session of price increases, ending up 1% at $87.54 a barrel, which is the highest closing price since Nov. 11, 2022. Analysts attribute the gains to announc...

POPULAR NEWS

Tuesday, 16 April 2024 09:12 WIB
China's Economic Momentum Shows Signs of Cooling
Monday, 15 April 2024 23:13 WIB
European Stocks Lose Steam on Fear of Middle...
Tuesday, 16 April 2024 07:29 WIB
Asia Markets Extend Declines amid Iran-Israel...
Monday, 15 April 2024 07:49 WIB
Asia-Pacific Markets Fall Amid Israel-Iran...
Monday, 15 April 2024 23:21 WIB
Dow Rises as Strong Retail Sales and Earnings...

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.