EIA: US crude oil stocks decreased by 6.9 million barrels

Wednesday, 11 September 2019 21:52 WIB Cadangan Minyak Mentah AS Ekonomi AS EIA

The weekly report published by the US Energy Information Administration (EIA) revealed that commercial crude oil inventories in the US decreased by 6.9 million barrels in the week ending September 6 compared to analysts estimate for a draw of 2.6 million barrels. Key takeaways from the press release "Refineries operated at 95.1% of their operable capacity last week." "Gasoline production increased last week, averaging 10.4 million barrels per day." "Distillate fuel production increased last week, averaging 5.3 million barrels per day." "Total products supplied over the last four-week period averaged 21.6 million barrels per day, up by 0.4% from the same period last year." Source:...



Gold futures edged higher Wednesday, hovering near the $1,500-an-ounce level after pulling back this week from more-than-six-year highs as haven demand dried up on an easing of near-term U.S.-China trade worries and a revival in appetite for...

Oil prices rose on Wednesday after a reported sharp drop in U.S. crude stocks and OPEC member Iraq said the producer group would discuss deepening output cuts amid ongoing demand concerns. Brent crude gained 0.9% to $62.94 a barrel, while U.S....

Gold Rises From 1-Month Low as Bond Sell-Off Pauses

Wednesday, 11 September 2019 15:46 WIB GOLD EMAS

Gold advanced from the lowest in a month as the sell-off in the U.S. bond market took a breather ahead of key central bank meetings. Spot gold +0.5% to $1,493.50/oz at 7:42am in London. Prices fell to $1,484.65 on Tuesday, lowest since...

Yen Weaker, Euro Steady Ahead of ECB Meeting

Wednesday, 11 September 2019 15:14 WIB Dolar Yen Euro

The yen was weaker on Wednesday as a cautious risk-on mood dampened safe haven demand, while the euro was steady ahead of the upcoming European Central Bank meeting on Thursday. The euro was little changed against the U.S. dollar at 1.1043 by...

Oil prices traded higher on Wednesday after an industry report said U.S. crude stockpiles fell last week by more than twice the amount that analysts in a Reuters poll had forecast. Brent crude futures (LCOc1) rose 51 cents, or 0.6%, to $62.89 a...

Gold advanced from the lowest in a month as the sell-off in the U.S. bond market took a breather ahead of key central bank meetings. Investors are awaiting the European Central Bank's policy decision on Thursday and the Federal...


Oil prices retreated on Monday after hitting their highest since May at the open, on fears over supply disruptions following an attack on Saudi Arabia's oil facilities on Saturday that cut more than

Precious Metals

Gold and silver rallied after a strike against Saudi Arabian oil facilities hurt supplies and prompted a record surge in oil prices, with investors seeking haven assets at the start of a week


Dollar falls as oil attacks send investors to safety
Monday, 16 September 2019 08:12 WIB
The dollar fell while safe-havens and currencies of oil producing countries rallied on Monday, following an attack on Saudi Arabian refining facilities that disrupted global oil supply and


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