DJIA28035.41
LIVE30.52(0.11%)
NDX8328.48
LIVE12.96(0.16%)

Oil Tumbles Again as Trade Bogeyman Returns


Tuesday, 15 October 2019 03:39 WIB

MinyakWTIBrentMinyak MentahOil,


c_740_198_16777215_00_images_assets_Oil3_Oil-IANS.jpg

One session is all it took for the optimism over U.S.-China trade talks to turn into pessimism.

Crude oil prices settled down 2% on Monday after a Bloomberg report that China had more demands from the Trump Administration over tariffs and wanted more talks to reach a trade deal. That contrasted with the U.S. president’s contention that the two sides were closer to an agreement.

Just on Friday, U.S. West Texas Intermediate crude U.K. Brent oil settled up more than 2% each, finishing last week up nearly 4% for their biggest weekly gain since the mid-September attack on Saudi Arabia’s oil facilities.

In the latest session, WTI settled down $1.11, or 2%, at $53.59 per barrel. Brent closed down $1.16, or 1.9%, at $59.35.

Source : Investing.com


RELATED NEWS

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.