DJIA25400.64
LIVE-147.63(-0.58%)
NDX9416.71
LIVE-25.34(-0.27%)

Oil Buoyed as Focus Turns to Supply Prospects


Friday, 25 October 2019 01:58 WIB

Minyak WTIOil,Crude Oil


c_740_198_16777215_00_images_assets_OIL2_05_price_-_350_4.jpg

Oil futures ended modestly higher Thursday as traders focused on prospects for a tighter supply picture.

West Texas Intermediate crude for December delivery on the New York Mercantile Exchange rose 26 cents, or 0.5%, to end at $56.23 a barrel, the highest finish for a most-active contract since Oct. 26, according to FactSet. Crude built on a gain seen Wednesday after the Energy Information Administration reported an unexpected fall in crude supplies and expectations that shale production may be set to cool, analysts said.

Source : Marketwatch


RELATED NEWS

  • Oil prices fell on Wednesday after U.S. President Donald Trump said he was working on a strong response to China's proposed security law in Hong Kong. A potential deterioration in relations between t...

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.