DJIA28992.41
LIVE-224.83(-0.77%)
NDX9446.69
LIVE-181.14(-1.88%)

Oil prices end lower after unexpected climb in weekly U.S. crude inventory data


Thursday, 12 December 2019 03:31 WIB

Minyak WTI


c_740_198_16777215_00_images_assets_Oil3_sanleon.jpg

Oil futures finished lower on Wednesday after U.S. government data showed an unexpected climb in domestic supplies of crude oil, as well as sizable gains in gasoline and distillate stockpiles.

Prices showed little reaction to the Federal Reserve’s decision to hold its benchmark interest rate unchanged in a range of 1.5% and 1.75%.

On Wednesday, West Texas Intermediate crude for January delivery declined 48 cents, or 0.8%, to settle at $58.76 a barrel on the New York Mercantile Exchange. On Tuesday, it settled at $59.24, its highest front-month contract settlement since Sept. 17, according to Dow Jones market Data.

February Brent crude lost 62 cents, or 1%, to end at $63.72 a barrel on ICE Futures Europe.

Source: Marketwatch


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.