DJIA37882.30
LIVE107.12(0.28%)
NDX17105.32
LIVE-288.99(-1.66%)

Oil Drops After Poll Points to Slower Global Growth


Friday, 26 July 2019 09:04 WIB

Minyak WTIbrent oilOil,Crude Oil


Oil prices fell on Friday after a Reuters poll showed global economic growth is likely to slow further amid the U.S.-China trade war, although losses were limited by tensions in the Middle East.

Brent crude futures were down 24 cents, or 0.4%, at $63.15 a barrel by 0049 GMT. They rose 0.3% in the previous session.

U.S. West Texas Intermediate crude was down 5 cents, or 0.1%, at $55.97 a barrel, after gaining 0.25% overnight.

A global economic growth rut risks deepening, despite expectations that major central banks will cut rates or ease policy further, according to Reuters polls of over 500 economists who remain worried about the U.S.-China trade war.

Source : Reuters


RELATED NEWS

  • 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

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.