DJIA27933.96
LIVE-101.45(-0.36%)
NDX8338.99
LIVE10.51(0.13%)

Oil Extends Drop for Second Day as U.S. Crude Supply Seen Rising

Tuesday, 19 November 2019 08:18 WIB Minyak WTI Minyak Mentah Minyak Brent

Oil dropped for a second day on indications U.S. crude stockpiles and shale output will continue expanding, while investors wait for news on a breakthrough to the prolonged trade war. Futures declined as much as 0.4% in New York after falling 1.2% on Monday, the most since Nov. 6. American crude inventories probably rose by 1.5 million barrels last week, according to a Bloomberg survey before government data on Wednesday. Shale output at major fields are also expected to increase next month. Global markets are in a holding pattern, sensitive to any developments on trade after months of closely-followed negotiations. West Texas Intermediate for December...

Read more...

RECENT NEWS

The dollar nursed losses against major currencies on Tuesday as receding hopes for a preliminary trade deal between the United States and China hurt demand for the greenback. There have been high expectations that the United States and China would...

Oil futures settled lower on Monday, after posting back-to-back weekly gains on rising hope for a so-called phase-one U.S.-China trade deal. West Texas Intermediate crude for December delivery fell 67 cents, or 1.2%, to settle at $57.05 a barrel...

Gold was back on track to being a hedge to the trade war on Monday after talk of Beijing’s anxiety over President Donald Trump’s impeachment proceedings pricked the prospective U.S.-China trade bubble. Both bullion and futures of gold recovered...

The U.S. dollar fell on Monday after CNBC reported that Chinese officials are pessimistic that a trade deal will be signed. The report, which cited government sources, said the bleak outlook was due to U.S. President Donald Trump’s reluctance to...

Gold prices edged down on Monday as optimism grew about U.S.-China trade ties following a report of “constructive talks” over the weekend, while losses were capped by a softer dollar. Spot gold was down about 0.3% to $1,463.40 per ounce at 0732...

Oil prices inched higher on Monday, extending steady gains from the previous week, with investors awaiting fresh clues over prospects for a trade deal between the United States and China and shrugging off concerns over steadily rising oil...

Energy

Oil Under Pressure as Trade Talks Drag On
Tuesday, 19 November 2019 19:30 WIB
Oil extended declines, breaking below $62 a barrel on Tuesday, pressured by limited progress in efforts to resolve the trade conflict between the United States and China as well as an expected rise

Precious Metals

Gold fell on Tuesday, erasing gains from earlier in the session, as a temporary reprieve from Washington for China’s Huawei rekindled optimism for a trade deal between the countries and boosted risk

CURRENCIES

Sterling traded flat on Tuesday after a new poll reinforced expectations the Conservative Party will win a parliamentary majority in Britain's election next month. Prime Minister Boris Johnson's

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.