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West Texas Intermediate (WTI), futures on NYMEX, is up 0.28% in Thursday’s European session after a strong recovery from $77.60 ahead of key United States Personal Consumption Expenditure Price Index (PCE) for January, which will be published at 13:30 GMT. The monthly inflation data is forecast...


West Texas Intermediate (WTI) crude oil closed higher on Friday as the risk premium rose after the United States carried out airstrikes in Iranian targets in Syria following attacks on US military sites in Iraq and Syria, while Israel intensifies ground attacks on Gaza, raising worries of a...


WTI Oil Gets an Indirect Boost from Bank of Japan
Wednesday, 21 December 2022 02:42 WIB | Commodity

The most-active US benchmark crude-oil contract for February delivery finishes 1.1% higher at $76.23 a barrel, helped by a weaker dollar that made overseas purchases of dollar-denominated crude more attractive to foreign buyers. "Crude prices got an unexpected boost from a surprising Bank of...


WTI Oil Finishes at a 4-Week-High on OPEC
Tuesday, 4 April 2023 01:36 WIB | Commodity

US crude prices finish 6.3% higher at $80.42 a barrel, the highest closing price since March 6, following a decision by Saudi Arabia and other OPEC-plus members to cut production by million barrels a day to offset weak US and global demand. The move to reduce supply came as data from the...


West Texas Intermediate (WTI) crude oil closed higher Thursday, rising off early weakness after the International Energy Agency said new supply is likely to rise above demand this year, pushing inventories higher, as investors chose to add risk amid a falling dollar and bearish economic data. WTI...


West Texas Intermediate (WTI) crude oil closed down 2.9% on Monday with worries over a widening war in the Middle East easing as Israel holds back on an invasion of Gaza even as it continues its war on Hamas. WTI crude oil for December delivery closed down US$2.59 to settle at US$85.49 per...


West Texas Intermediate (WTI) crude oil closed at the highest in 13 months on Wednesday as traders focus on supply concerns as US inventories fell last week. WTI crude for November delivery closed up US$3.29 to US$93.68 per barrel, the highest since Aug. 24, 2022, while November Brent crude, the...


West Texas Intermediate (WTI) crude oil closed higher on Monday on hopes for a recovery in demand from China as the country's government focuses on reviving growth next year despite rising Covid-19 infections following the removal of its zero-Covid quarantine policies. WTI crude for January...


West Texas Intermediate (WTI) crude oil closed higher on Tuesday after the United States reported more job openings than expected last month and Middle East tensions following a deadly attack on a US military base in Jordan. WTI crude for March delivery closed up US$1.04 to settle at US$77.82 per...


West Texas Intermediate (WTI) crude oil rose for a fourth-straight session on Thursday on signs of higher demand after the Energy Information Administration a day earlier said inventories of refined products fell despite a rise in crude oil stocks, while Mideast tensions continue. West Texas...


West Texas Intermediate (WTI) closed higher for a fifth-straight day on demand hopes and geopolitical worries, though prices failed to break out of the range it has traded within for months. WTI crude oil for March delivery closed up US$0.62 to settle at US$76.84 per barrel, while April Brent...


West Texas Intermediate (WTI) crude oil rose on Friday even as Federal Reserve chair Jerome Powell said further interest-rate hikes could be coming if the US economy remains running hot WTI crude for October delivery closed up US$0.78 to settle at US$79.83 per barrel, while October Brent crude,...


West Texas Intermediate (WTI) crude oil closed at the highest since Dec.2 on Wednesday following a report that showed a larger than expected drop in US inventories while Saudi Arabia's oil minister said OPEC+ will continue to manage the market to support prices. WTI crude for January delivery...


West Texas Intermediate (WTI) crude oil closed up 2.8% on Wednesday after a report showed an unexpected drop in US oil inventories. WTI crude for April delivery closed up US$2.16 to settle at US$79.72 per barrel, while May Brent crude, the global benchmark, was last seen up US$2.00 to...


West Texas Intermediate (WTI) crude oil closed higher for second day on Wednesday despite rising US oil inventories following a report OPEC+ plans one-million barrels per day of new production cuts at its Thursday meeting. WTI crude oil for January delivery closed up US$1.45 to settle at US$77.86...


West Texas Intermediate (WTI) crude oil rose for a third-straight session on Wednesday even after a report showed US inventories rose more than expected last week . WTI crude for March delivery closed up US$0.55 to settle at US$73.86 per barrel, while April Brent crude, the global benchmark, was...


WTI crude oil remains inactive around $80.50, well-set for a three-week uptrend, as energy markets cheer the Good Friday holiday. In doing so, the black gold defends the week-start gains offered by the Organization of the Petroleum Exporting Countries (OPEC) and its allies led by Russia, known as...


West Texas Intermediate (WTI) crude oil closed at the lowest in two months on Tuesday as worries over a spreading war fade while Europe's inflation fell to the lowest in two years as the Euro Zone economy slows, cutting into demand. WTI crude for December delivery closed down US$1.29 to settle at...


West Texas Intermediate (WTI) crude oil closed with a loss on Wednesday on disappointing economic data from China, the world's No.1 importer, and an unexpected rise in US inventories. WTI crude for March delivery closed down US$1.97 to settle at US$75.85 per barrel, while March Brent crude, the...


West Texas Intermediate (WTI) crude oil on Friday on concerns over weak demand, though an unexpected surge in US hiring last month may ease some of the worries. WTI crude for March delivery closed down US$1.54 to settle at US$72,28 per barrel, a three-week low, while April Brent crude, the global...


West Texas Intermediate (WTI) crude oil closed lower for the first time in eight sessions on Wednesday as a report showing an outsized rise in US inventories offset geopolitical tensions. WTI crude for March delivery closed down US$1.23 to settle at US$76.64 per barrel, while April Brent crude,...


West Texas Intermediate (WTI) crude oil closed lower for a second day on Friday on disappointment over the scope of the voluntary production cuts announced a day earlier by OPEC+. WTI crude oil for January delivery closed down US$1.89 to settle at US$74.07 per barrel, while February Brent crude,...


West Texas Intermediate (WTI) crude oil closed with a loss for a fourth-straight session on Monday on doubts OPEC+ will be able to agree to further reduce production when it meets virtually on Thursday. WTI crude for January delivery closed down US$0.68 to settle at US$74.86 per barrel, while...


West Texas Intermediate (WTI) crude oil closed lower on Thursday, giving up early gains on uncertain reports Israel and Hamas agreed to a ceasefire. WTI crude for March delivery closed down US$2.03 to settle at US$73.82 per barrel, while April Brent crude, the global benchmark, was last seen down...


West Texas Intermediate (WTI) crude oil closed lower on Friday on robust supply, even as demand remains solid as the United States added more new jobs than expected last month, showing its economy remains robust despite high interest rates, WTI crude for April delivery closed down US$0.92 to...


West Texas Intermediate (WTI) crude oil closed higher on Tuesday, climbing for a second day as the Energy Information Administration said it sees oil inventories falling in the current quarter on OPEC+ cuts and US production will drop from record levels. WTI crude oil for March delivery closed up...


West Texas Intermediate (WTI) crude oil closed higher on Friday as turmoil and war in the Middle East offset demand concerns following a big rise in US product inventories. WTI crude oil for February delivery closed up US$1.62 to settle at US$73.81 per barrel, while March Brent crude, the global...


West Texas Intermediate (WTI) crude oil closed higher on Thursday as geopolitical worries over potential Middle East supply disruptions after Iran seized a tanker in the Gulf of Oman, though demand concerns continue. WTI crude for February delivery closed up US$0.65 to settle at US$72.02 per...


West Texas Intermediate (WTI) crude oil closed higher on Wednesday after a report showed a smaller than expected rise in US oil inventories last week and lower US production, offsetting concerns over the health of China's economy. WTI crude oil closed up US$0.98 to settle at US$79.13 per barrel,...


West Texas Intermediate (WTI) crude oil closed with a small loss on Monday, falling for a third session on expectations for weaker demand as China's economy weakens. WTI crude for April delivery closed down US$0.08 to settle at US$77.93 per barrel, while May Brent crude, the global benchmark, was...


West Texas Intermediate (WTI) crude oil closed lower on Friday, dropping off from a four-month high set as the International Energy Agency warned it expects global inventories to tighten over this year due to OPEC+ production cuts. WTI crude for April delivery closed down US$0.22 to settle at...


West Texas Intermediate (WTI) crude oil closed lower on Friday following three days of gains that pushed prices 5.3% higher on tight supply following Saudi production cuts and a plunging dollar. WTI crude oil for August delivery closed down US$1.47 to settle at US$75.42 per barrel. September...


WTI Crude Futures Settle Higher
Saturday, 24 December 2022 02:42 WIB | Commodity

U.S. oil prices rose on Friday amid investors' concern over supply. The West Texas Intermediate (WTI) for February delivery increased 2.07 U.S. dollars to settle at 79.56 dollars a barrel on the New York Mercantile Exchange. Source : Bloomberg


West Texas Intermediate (WTI) crude oil closed lower on Tuesday after the United States reported inflation rose more than expected last month, while the Energy Information Administration and OPEC issued competing demand forecasts in their monthly outlooks. WTI crude for April delivery closed down...


West Texas Intermediate (WTI) crude oil closed higher on Tuesday on supply worries even as the dollar rose to the highest since November. WTI crude for November delivery closed up US$0.71 to settle at US$90.39 per barrel, while November Brent crude, the global benchmark, was last seen up US$0.75...


West Texas Intermediate (WTI) crude closed with a third-straight loss on Wednesday, surrendering early gains as worries over a widening Middle East war faded and US inventories rose. WTI crude for December delivery closed down US$0.58 to settle at US$80.44 per barrel, the lowest in two months,...


West Texas Intermediate (WTI) crude oil closed at a four-month high on Thursday after the International Energy Agency (IEA) raised its 2024 oil-demand forecast, cut its supply outlook and said it expects global inventories to tighten for the entire year due to continuing production cuts from...


West Texas Intermediate (WTI) crude oil closed higher on Monday after ending last week with a big drop, as a rising dollar continued to climb following Friday's unexpectedly robust jobs report was offset by geopolitical worries following US air strikes on Iranian-backed militias in Syria, Iraq and...


West Texas Intermediate (WTI) crude oil closed with a loss on Monday following three days of gains despite rising tensions in the Middle East after three US soldiers were killed in a drone attack on a base in Jordan as worries over the health of China's economy heightened after a Hong Kong court...


Minyak stabil pada hari Selasa (24/8) setelah melonjak lebih dari 5% di tengah reli pasar yang lebih luas, dengan Covid-19 yang terus membebani pasar. Kontrak berjangka di New York diperdagangkan mendekati $66 per barel setelah melonjak untuk pertama kalinya dalam delapan sesi pada hari Senin,...


Harga minyak berayun setelah para pemimpin Uni Eropa menghindari tindakan baru untuk memangkas impor minyak mentah Rusia dan pedagang mempertimbangkan prospek permintaan. Minyak mentah West Texas Intermediate (WTI) naik tipis setelah jatuh lebih dari 2% pada hari Kamis. Para pemimpin Uni Eropa,...


Oil futures climbed Wednesday, with U.S. prices settling at their highest in more than two weeks as a blast at a Gaza City hospital raised tensions throughout the Middle East. The oil price is "responding to the aggressive comments from Iran" and others after the apparent hospital bombing in...


Oil futures declined on Wednesday, with U.S. prices settling at their lowest in roughly three weeks. “Prices remain in negative territory, with various geopolitical influences — from an oil tanker being hit by a bomb-carrying drone off the coast of Oman, to Russia tensions — being largely...


Oil futures fell for a second straight session on Thursday, with U.S. prices down by nearly 5% to settle at their lowest since the end of September, FactSet data show. “Stagflationary economic data, rising COVID cases in China, and hawkish [Federal Reserve] chatter have all been added headwinds...


U.S. Oil Higher After Snapping 9-Day Winning Streak
Friday, 8 September 2023 18:33 WIB | Oil

Oil futures rose Friday, on track for strong weekly gains after trading near 2023 highs, as tightening supplies outweighed worries about demand from China and the global economy. West Texas Intermediate crude for October delivery rose 55 cents, or 0.6%, to $87.42 a barrel on the New York...


Oil futures climbed for a fifth session in a row on Friday, with prices for the front-month U.S. contract ending 16.5% higher for the week. "For several weeks, fears about a weakening global economy had been weighing on oil prices," said Colin Cieszynski, chief market strategist at SIA Wealth...


U.S. Oil Futures Up 3% to Highest Finish in Over a Week
Wednesday, 14 December 2022 02:26 WIB | Energy

U.S. oil futures rallied Tuesday to mark their highest finish in more than a week. The oil market is “getting a cold slap in the face as the market prepares for what potentially could be one of the coldest of cold snaps in decades,” said Phil Flynn, senior market analyst at The Price Futures...


U.S. Oil Futures Turn Higher for The Week
Monday, 3 July 2023 19:02 WIB | Oil

Oil futures settled higher Wednesday, with U.S. benchmark prices turning positive for the week after U.S. government data revealed a weekly decline in domestic crude supplies. Overall, oil has “stalled this week as traders haven’t really bought into demand growth story,” said Manish Raj, managing...


U.S. oil futures gave up their early Thursday losses to settle almost unchanged for the session. Prices found some support following a report from the Energy Information Administration showing a third straight weekly fall in U.S. crude inventories, along with larger-than-expected weekly declines...


U.S. Oil Futures Settle With A Loss Of Nearly 2%
Wednesday, 25 January 2023 02:42 WIB | Commodity

Oil futures finished lower on Tuesday, with U.S. prices down nearly 2% as traders weighed demand expectations following the latest U.S. economic data. “Crude prices tumbled after a steady dose of bad news from the economy: both manufacturing and service sectors remained in contraction territory...


U.S. oil futures settled with a loss of more than 2% on Thursday, even as OPEC+ announced that several of its member countries agreed to voluntary cuts totaling 2.2 million barrels a day for the first quarter of 2024. “While oil prices initially rallied on the extension and expansion of OPEC...


U.S. oil futures settled slightly higher on Thursday and tallied a third consecutive weekly gain for the holiday-shortened trading week. It seems that West Texas Intermediate crude “isn’t going to budge from the $80 a barrel level, even as the headlines suggest the U.S. economy is quickly...


Oil futures finished lower on Tuesday, with U.S. benchmark prices giving back what they gained a day earlier after Saudi Arabia on Sunday said it would take on an additional output cut of 1 million barrels a day in July. The market needs some assurance that the other OPEC+ members won’t be taking...


Oil futures finished higher on Wednesday, with U.S. prices marking another settlement at their highest settlement since mid-September. Prices found support from a 2 million-barrel production cut by the Organization of the Petroleum Exporting Countries and their allies, as well as weekly declines...


U.S. Oil Futures Settle Back Below $80 a Barrel
Thursday, 19 January 2023 03:32 WIB | Commodity

Oil futures finished lower on Wednesday, with U.S. prices below $80 a barrel. Prices had spent much of the session trading higher, buoyed by expectations for higher energy demand from China. However, oil turned lower following comments by St. Louis Fed President James Bullard, said Phil Flynn,...


Oil futures declined on Wednesday, with U.S. prices settling below $70 a barrel at their lowest level in over six weeks. Oil has continued to slide as "the rising prospect of a U.S. economic slowdown raises concerns over future demand," said Michael Hewson, chief market analyst at CMC Markets UK....


U.S. Oil Futures Settle at Their Lowest in 2 Weeks
Friday, 27 October 2023 01:26 WIB | Oil

Oil futures finished lower on Thursday, with U.S. benchmark prices settling at their lowest in two weeks. “The ongoing conflict between Israel and Hamas is causing volatility in crude prices despite having minimal direct impact on actual oil supply and demand conditions,” said Brian Swan, senior...


U.S. oil futures settled higher for a fourth session in a row on Tuesday, at their highest since January, with prices continuing to find support after Sunday’s surprise OPEC+ decision to cut production by more than 1 million barrels a day, on top of output reductions already in place. The...


Oil futures climbed on Monday, with U.S. benchmark prices settling at their highest since May 26. Saudi Arabia on Sunday agreed to voluntarily cut its oil production level by 1 million barrels a day in July. “Spurring a bout of short-covering via a further surprise cut appears the best way to...


U.S. Oil Futures Settle At Lowest Since Mid-November
Tuesday, 5 December 2023 02:40 WIB | Oil

Oil futures on Monday posted a third-straight session decline, with U.S. prices settling at their lowest since mid-November. Oil prices have remained under pressure on concerns over slowing demand, as well as some skepticism that the OPEC+ output cuts will hold, and the fact that U.S. production...


Oil futures rose Tuesday, with U.S. prices marking their highest settlement since mid-September. Reports said the Organization of the Petroleum Exporting Countries and their allies will consider a production cut of 2 million barrels per day at their meeting Wednesday, higher than previous...


U.S. Oil Futures Settle at a Fresh High for The Year
Tuesday, 19 September 2023 01:22 WIB | Oil

Oil prices climbed for a third consecutive session Monday to mark a fresh high for the year on continued bets for tighter global crude supplies. “Taming the current bullishness will likely rest on non-OPEC production – especially U.S. shale – showing a stronger response to higher prices and...


U.S. Oil Futures Settle At A 2-Week High
Friday, 3 March 2023 02:28 WIB | Commodity

U.S. benchmark crude-oil prices on Thursday marked their highest settlement in two weeks. “Optimism surrounding China’s economic recovery are offsetting more hot inflation data in Europe and the U.S.,” which sparked further hawkish money flows in morning trade, said Tyler Richey, co-editor at...


U.S. oil futures finished higher on Monday, finding support as supply concerns resurfaced. “Recession or not, people still need to fill their gas tanks,” so trading sentiment has shifted from macro factors to supply concerns, said Manish Raj, chief financial officer at Velandera Energy...


Oil futures declined on Monday, with U.S. benchmark crude posting its lowest settlement since mid-March. “Disappointing economic numbers out of China continue to be a concern given the country’s outsized influence in expected crude demand growth this year,” said Robbie Fraser, manager, global...


U.S. oil futures fell by more than 1% on Monday, their largest daily decline in a week, according to Dow Jones Market Data. “Having come off the back of two weeks of gains, the same old concerns over weaker demand are serving to help cap gains,” said Michael Hewson, chief market analyst at CMC...


U.S. Oil Futures Post Back-to-Back Session Gains
Thursday, 13 July 2023 01:48 WIB | Oil

U.S. oil futures settled higher for a second straight session Wednesday, with production cuts by major producers offsetting pressure from a hefty weekly rise in U.S. crude supplies. While prices across the oil complex moved higher “following a growing belief that Saudi and Russian production cuts...


U.S. Oil Futures Post A Sixth Straight Session Loss
Thursday, 23 February 2023 02:29 WIB | Commodity

Oil prices declined on Wednesday, with U.S. prices down a sixth session in a row. “There appears to be a growing sense that central bankers are not done tightening monetary policy, which could cut into resource demand in the future,” said Colin Cieszynski, chief market strategist at SIA Wealth...


U.S. benchmark crude-oil prices on Wednesday settled at their highest in almost two weeks, after the Energy Information Administration reported a 1.2 million-barrel weekly rise in U.S. crude inventories. That marked a 10th straight weekly rise, but the smallest weekly increase in five weeks. Oil...


Oil futures settled modestly lower on Wednesday, with U.S. prices posting a loss for the first time in five sessions. Oil markets have priced in the initial shock of the announced OPEC+ production cuts, but prices could continue higher “if demand surprises to the high side as we move into the...


U.S. Oil Futures Mark First Gain in 7 Sessions
Friday, 24 February 2023 02:49 WIB | Energy

U.S. oil futures prices on Thursday notched their first gain in seven sessions, finding support from a weekly decline in U.S. gasoline inventories even as crude supplies rose for a ninth straight week. The Energy Information Administration on Thursday reported a 1.9 million-barrel fall in...


Oil futures post a slight gain on Wednesday, with U.S. benchmark West Texas Intermediate prices holding above the key $80 level for a fifth consecutive session. The modest move up for prices came after the Energy Information Administration reported a 500,000-barrel weekly climb in U.S. crude...


Oil futures climbed sharply on Monday, with U.S. prices up more than 5% as traders bet that the Organization of the Petroleum Exporting Countries and their allies will agree later this week to cut production on concerns over a slowdown in the economy that would hurt demand for oil. News reports...


U.S. oil futures settled higher on Friday, but still lost over 7% for the week. It remains to be seen whether the rise in oil prices Friday was "just short-covering, or actual buying in the hope that prices have bottomed," said Fawad Razaqzada, market analyst at StoneX. "If we do get some...


Oil fell on Tuesday, extending its loss from last week with U.S. prices marking the expiration of the March futures contracts. The rise in both the U.S. dollar and short-duration Treasury yields stoked concerns about the Federal Reserve crushing the economy with “too-aggressive policy decisions...


U.S. oil futures settled higher on Friday, but prices based on the front-month contract lost more than 2% for the week, according to Dow Jones Market Data. “There continues to be a battle royale between supply and demand, with OPEC+ cutting production, led by Saudi Arabia, while Chinese economic...


Oil futures finished higher for a fourth session in a row on Thursday, continuing to find support a day after the Organization of the Petroleum Exporting Countries and their allies announced a 2 million-barrel production cut starting in November. U.S. benchmark West Texas Intermediate crude for...


U.S. oil futures settled higher on Thursday, recouping about half of the loss from a day earlier that pulled prices below $80 a barrel. Crude-oil prices saw a modest rebound from recent lows as “markets try to draw a line between how strong future Chinese demand is likely to be, against a...


U.S. oil futures finished a few cents lower on Thursday, erasing most of an overnight plunge in prices that had touched their lowest intraday levels of the year. The market had become "deeply oversold" and the combination of short-covering and speculative dip-buying sent futures back above the...


Oil finished lower on Tuesday, with U.S. prices down for the first time in four sessions. “Oil trading is a sophisticated game of Chutes & Ladders and there are some hot spots that may take Brent (and possibly WTI) to $100 [a barrel] shortly,” Tom Kloza, global head of energy analysis at the...


Oil prices finished higher on Friday, with U.S. benchmark crude marking another finish at their highest since November and posting a third straight weekly gain. Warnings by the International Energy Agency and the Organization of the Petroleum Exporting Countries of a “potential market deficit,”...


U.S. oil futures end at highest since November
Wednesday, 6 September 2023 01:40 WIB | Oil

U.S. oil futures settled Tuesday at their highest since November, lifted by news that Saudi Arabia and Russia have decided to extend their production cuts to the end of the year. October West Texas Intermediate crude climbed $1.14, or 1.3%, to settle at $86.69 a barrel on the New York Mercantile...


U.S. oil futures edged higher on Tuesday, settling above $80 a barrel for the first time in more than two weeks. Traders continued to assess the energy demand outlook, particularly from China, which recently released some better than expected economic data. The U.S. benchmark WTI crude for...


Oil futures finished higher on Friday, but U.S. prices logged a fifth straight month of declines, as well as a loss for the quarter. "It's been a difficult quarter for crude oil prices with expectations that a China reopening would serve to galvanize prices back to $100 a barrel proving to be...


Oil futures declined on Thursday, pressured after a media report that said the U.S. and Iran were nearing a deal that would help alleviate sanctions on Tehran. Prices, however, settled above the session’s lowest levels as the U.S. called the media report “false,” according to a report from...


U.S. Oil Futures Climb Closer to $90 a Barrel
Friday, 20 October 2023 01:33 WIB | Oil

Oil futures ended higher on Thursday, with U.S. prices edging closer to $90 a barrel. “Energy markets are in the grasp of geopolitical events,” said Tariq Zahir, managing member at Tyche Capital Advisors. The biggest fear is an expansion of the Israel-Hamas war, and Iran gets involved, he said....


Oil futures climbed on Thursday, buoyed by some signs of higher oil demand from China and strength in U.S. gasoline demand for the summer driving season, analysts said. July West Texas Intermediate crude gained $2.35, or 3.4%, to settle at $70.62 a barrel on the New York Mercantile...


U.S. oil futures finished higher on Friday, buoyed by a third straight weekly decline in U.S. crude inventories. Prices posted a second successive weekly gain, but "when you consider the tightness of the market, and the announcement of further output cuts this week, it's somewhat surprising" they...


The U.S. crude-oil benchmark settled above $90 a barrel on Thursday for the first time since November, lifted by ongoing concerns over the outlook for tight global supplies. West Texas Intermediate crude for October delivery rose $1.64, or nearly 1.9%, to settle at $90.16 a barrel on the New York...


Minyak terus naik setelah mengalami kenaikan satu hari terbesarnya karena Presiden AS Donald Trump memasuki perang harga antara Arab Saudi dan Rusia yang telah mengguncang pasar minyak mentah di tengah menyusutnya permintaan. Kontrak berjangka di New York meningkat sebanyak 5,7% menyusul lonjakan...


Minyak naik setelah mendapatkan kuartal terbaiknya dalam hampir tiga dekade menyusul laporan yang menunjuk pada penurunan pertama dalam stok minyak mentah AS sejak Mei. Kontrak berjangka di New York naik menuju $ 40 per barel setelah ditutup turun 1,1% pada hari Selasa. American Petroleum...


Minyak turun karena penyebaran varian Covid-19 baru dan lockdown meningkatkan kekhawatiran tentang pemulihan jangka pendek dalam permintaan bahan bakar. Kontrak berjangka di New York turun menuju $ 52 per barel setelah penurunan terbesar dalam hampir seminggu pada hari Kamis. Varian virus yang...


Harga minyak turun pada perdagangan  Selasa (6/9), dengan reli pasca pertemuan OPEC+ yang gagal, karena para pedagang mempertimbangkan pengurangan produksi grup serta lockdown lebih lanjut di China. Patokan global Brent turun di bawah $95 per barel setelah berakhir naik hampir 3% pada hari...


Minyak menuju kerugian mingguan karena investor mempertimbangkan krisis di Ukraina dan kemungkinan bahwa kesepakatan nuklir Iran dapat dihidupkan kembali. Minyak mentah West Texas Intermediate (WTI) stabil di dekat $92 per barel di awal perdagangan Asia setelah berakhir 2% lebih rendah pada hari...


Minyak turun karena para investor mempertimbangkan ancaman terhadap pasokan di tengah perang di Ukraina, dengan Presiden Joe Biden bersiap untuk mengatasi krisis dalam perjalanan ke Brussels yang mungkin melihat langkah untuk mengekang ketergantungan pada energi Rusia. Minyak mentah West Texas...


Minyak turun dari level tertinggi tujuh bulan pada hari Kamis karena tanda-tanda peningkatan pasokan membantu menghentikan reli yang didorong oleh optimisme bahwa vaksin COVID-19 akan menghidupkan kembali permintaan bahan bakar. Minyak mentah berjangka Brent telah naik menjadi hampir $ 50 per...


Minyak turun untuk hari kedua karena awal minggu yang panas diredam, dengan pasar menilai kembali potensi permintaan yang tertekan oleh omicron. Kontrak berjangka di New York turun menuju $70 per barel setelah meluncur 2% pada hari Kamis dengan aset keuangan lainnya. Permintaan minyak sejauh ini...


Minyak mentah mereda pada laporan yang menunjukkan persediaan AS naik untuk minggu kedua, pasca rally tajam setelah langkah A.S. untuk menunda tarif beberapa barang China. Harga menghapus beberapa keuntungan setelah American Petroleum Institute dikatakan menemukan bahwa pasokan minyak mentah AS...


Rebound harga minyak yang baru terjadi bergejolak setelah provinsi Hubei China melaporkan hampir 15.000 kasus virus corona baru ketika mengubah metode untuk menghitung infeksi. Pemerintah provinsi yang menjadi pusat wabah mengatakan telah melakukan peninjauan terhadap kasus-kasus yang dicurigai...


Minyak bertahan di dekat level tertinggi dalam hampir 10-bulan setelah sebuah laporan industri menunjukkan peningkatan stok minyak mentah AS, mengambil sebagian dukungan dari reli yang didorong oleh vaksin dan stimulus. Kontrak berjangka diperdagangkan mendekati $ 48 per barel di New York setelah...


Minyak berjangka melemah pada Selasa, dengan kenaikan harga minyak mentah terhenti pada sesi sebelumnya yang sebagian didorong oleh laporan bahwa pemberontak Houthi Yaman melancarkan serangan drone selama akhir pekan di salah satu ladang minyak terbesar di Arab Saudi. Minyak mentah West Texas...


Penurunan minyak terhenti pada Rabu (16/3) setelah menghapus sebagian besar kenaikannya menyusul invasi Rusia ke Ukraina, dengan perhatian beralih ke prospek penurunan permintaan karena kebangkitan Covid-19 di China. Kontrak berjangka di New York naik tipis mendekati $97 per barel pada hari Rabu....


Minyak turun, menipiskan kenaikan minggu ini, karena kekhawatiran baru tentang dampak virus corona dibayangi harapan bahwa upaya stimulus China akan meredam tekanan terhadap permintaan. Kontrak berjangka di New York turun 1,6%, namun tetap sekitar 2% lebih tinggi minggu ini setelah China, Korea...


Minyak stabil setelah kenaikan satu hari terbesar tahun ini karena investor merangkul aset berisiko dan perkiraan industri menunjukkan penarikan lain dalam stok AS. Minyak mentah West Texas Intermediate (WTI) diperdagangkan di atas $81 per barel setelah reli 3,8% pada hari Selasa. American...


Harga minyak turun pada hari Senin karena pemerintah meningkatkan penguncian untuk membatasi penyebaran wabah virus corona global yang telah memangkas prospek permintaan minyak dan mengancam kontraksi ekonomi global. Minyak mentah berjangka Brent turun $ 1,09, atau 4%, ke level $ 25,89 per barel...


Pasar minyak dibayangi dengan ketidakpastian atas berapa lama waktu yang dibutuhkan Arab Saudi untuk memulihkan output setelah serangan dahsyat yang melumpuhkan 5% dari pasokan minyak mentah global. Karena produsen minyak negara Saudi Aramco bergerak kurang optimis bahwa akan ada pemulihan yang...


Oil prices surged on Monday, jolted by a surprise announcement by OPEC+ to cut production further in what top producer Saudi Arabia called a precautionary measure to support market stability. Brent crude traded at $84.26 a barrel by 0347 GMT, up $4.37, or 5.5% after touching the highest in a...


Harga minyak membalikkan beberapa kerugian pada hari Senin, tetapi masih turun setelah OPEC+ mengatasi perpecahan internal dan setuju untuk meningkatkan produksi, yang memicu kekhawatiran tentang surplus minyak mentah karena infeksi COVID-19 terus meningkat di banyak negara. Minyak mentah Brent...


Oil fell as risks to demand from a global slowdown halted a powerful rally triggered by OPEC+’s decision to defy the US by cutting supply. West Texas Intermediate sank below $92 a barrel on fears the Federal Reserve will have to go on hiking rates to quell inflation, ending a week-long,...


Oil eased as risks to energy demand stemming from tighter monetary policy halted a rally triggered by OPEC+’s decision to cut supply. West Texas Intermediate dropped toward $92 a barrel, with China’s markets reopening following a week-long nationwide break. Last week, the US oil...


Oil eased off yearly highs, capping a tumultuous week that saw the Federal Reserve flagging a further rate hike and Russia banning diesel exports.  While Russia’s announcement of a temporary emargo on gasoline and diesel exports has tightened an...


Oil rebounded after a torrid run but remained on course for the longest weekly losing streak since 2018 on concerns about a global glut, with traders doubtful that deeper supply cuts by OPEC+ will be effective. Global benchmark Brent, which rose toward $76 a barrel, is still headed for a...


Oil steadied after a breakneck rally as wider markets held a cautious tone ahead of a Federal Reserve meeting, and traders assessed estimates pointing to further draws in US crude stockpiles. West Texas Intermediate for November was little changed below $91 a barrel, after closing...


Oil fell as the European Union considered a higher-than-expected price cap on Russian crude and signs of a global slowdown increased. West Texas Intermediate dropped toward $77 a barrel after losing almost 4% in the previous session. EU officials discussed setting...


Oil prices edged higher on Tuesday following a more than 1% drop in the previous session as escalating tensions in major producing region the Middle East fuelled supply concerns, though a bleak Chinese economic outlook limited gains. March Brent crude futures , which are due to expire on...


Oil prices rose more than 1% on Tuesday, paring losses from the previous session, as a weaker U.S. dollar offset widening COVID-19 curbs in China that have stoked fears of slowing fuel demand in the world's second-largest oil consumer. Brent crude for January delivery rose $1.53, or 1.7%, to...


Oil prices rebounded slightly on Wednesday after four days of declines as signs of supply tightness amid output cuts by major producers overrode demand concerns in China and the U.S., the world's two biggest crude consumers. Brent crude futures were up 53 cents, or 0.65%, to $82.57 a barrel at...


Oil prices ticked higher on Tuesday as markets weighed supply cuts for August by top exporters Saudi Arabia and Russia against a weak global economic outlook. On Monday, Saudi Arabia said it would extend its voluntary output cut of 1 million barrels per day (bpd) to August, while Russia and...


Oil Up ahead of Fed Meet as Middle East Conflict Rages
Wednesday, 1 November 2023 17:47 WIB | Oil

Oil prices rose more than 1% on Wednesday ahead of the keenly watched meeting of the U.S. central bank for clues on interest rate policy, while the conflict in the Middle East remains in focus. Brent January crude futures were up about 1.1%, or 90 cents, to $85.92 a barrel by 1042 GMT. U.S. West...


Oil prices rose more than 1% on Monday as tighter supply reflected in fewer exports from Saudi Arabia and Russia and high heating oil prices outweighed concern over global demand growth. Brent crude climbed 86 cents, or 1%, to $85.66 a barrel by 1205 GMT and U.S. West Texas Intermediate crude was...


Harga minyak turun untuk hari kedua berturut-turut pada hari Kamis di tengah penurunan luas di pasar global setelah Amerika Serikat melarang perjalanan dari Eropa menyusul keputusan Organisasi Kesehatan Dunia untuk menyatakan wabah koronavirus sebagai pandemi. Kemerosotan minyak sedang diperparah...


Oil fell — after failing to hold an early gain — amid sustained skepticism that the latest supply cuts by OPEC+ will turn the market’s tide. Global benchmark Brent sank toward $78 a barrel after a six-week losing run, while West Texas Intermediate was below $74. The drop came...


Oil pared its weekly gain as investors shied away from risky assets on a dimming outlook for China and the wider global economy. West Texas Intermediate slid below $88 a barrel on Friday as a risk-off tone spread across wider markets. China’s economic growth outlook...


Oil held near the highest close in five months on signs of a tighter global market as traders waited for a monthly outlook from OPEC. West Texas Intermediate traded above $83 a barrel after advancing by 4.4% over the prior two days. The gains were driven by another drop in...


Oil prices traded flat on Tuesday as worries that further possible U.S. interest rate hikes could pull down demand were countered by concerns a tropical storm off the U.S. Gulf Coast may impact supply. Brent crude was flat at $84.42 a barrel by 0335 GMT, while U.S. West Texas Intermediate crude...


Oil prices edged up on Monday as top exporters Saudi Arabia and Russia said they would stick to extra voluntary oil output cuts until the end of the year, keeping supply tight, while investors watched out for tougher U.S. sanctions on Iranian oil. Brent crude futures rose 55 cents, or 0.65%, to...


Oil edged higher on Wednesday as investors grappled with the prospect of supply disruptions due to the Middle East turmoil. Brent crude rose 25 cents, or 0.3%, to $87.90 a barrel by 0550 GMT. U.S. West Texas Intermediate (WTI) crude rose 24 cents, also 0.3%, to $86.21 a barrel. Brent and WTI...


Oil prices crept up on Friday, buoyed by economic stimulus in slow-recovering China and falling inventories in the U.S.. Brent futures were up 65 cents to $80.29 a barrel by 0817 GMT, while U.S. West Texas Intermediate (WTI) crude climbed 64 cents to $76.29 a barrel. Prices closed marginally...


Oil Ticks Lower on China Demand Worries
Monday, 21 November 2022 19:01 WIB | Energy

Oil futures edged lower Monday, extending last week’s rout, as worries remain over China’s demand outlook in the face of renewed COVID-19 lockdowns. West Texas Intermediate crude for December delivery fell 27 cents, or 0.3%, to $79.81 a barrel on the New York Mercantile Exchange, while the most...


Oil futures edged higher early Wednesday, with traders awaiting official data on U.S. crude inventories after industry figures showed a large rise. West Texas Intermediate crude for December delivery rose 43 cents, or 0.5%, to $85.75 a barrel on the New York Mercantile Exchange., December Brent...


Oil rose as traders awaited further details of a plan to cap Russian crude prices and industry data showed a drop in US stockpiles. West Texas Intermediate climbed above $81 a barrel, after gaining about 1% the previous session. European Union ambassadors may meet later Wednesday to...


Oil edged higher as investors weighed the outlook for demand following some measures by China to support its ailing property market. West Texas Intermediate traded above $73 a barrel after closing 1.2% lower in the previous session, the most in a week. Authorities stepped up pressure on...


Oil edged higher before a Federal Reserve monetary-policy decision and guidance from producer group OPEC and its allies. West Texas Intermediate rose above $79 a barrel after gaining more than 1% on Tuesday. While the US central bank is expected to deliver another interest-rate hike at...


Oil endured another choppy session as traders took stock of China’s efforts to stimulate the economy and awaited commentary from the head of the US Federal Reserve that may shape the outlook for interest rates. West Texas Intermediate for August delivery edged lower toward $71 a barrel...


Oil fluctuated as traders took stock of China’s calibrated efforts to stimulate the economy and prepared for commentary from the head of the US Federal Reserve that may flag further monetary tightening. West Texas Intermediate for August delivery edged higher to trade above $71 a barrel...


Oil switched between narrow gains and losses in London, fluctuating with wider markets after China began a gradual roll-out of measures to aid its economy.  Brent futures added 0.4% to trade near $76, after earlier edging lower. While China reduced lending rates on Tuesday,...


Oil headed for a second weekly drop as optimism over a recovery in Chinese demand dimmed and US stockpiles kept rising. West Texas Intermediate fell toward $75 a barrel, set for a loss of about 5% this week. The China reopening trade for commodities has flagged amid questions...


Oil prices steadied on Tuesday as Chinese inflation data pointed to persistently weak demand but a softer dollar and hopes that the Federal Reserve might ease up on its policy tightening after a key U.S. inflation report this week provided support. Brent crude futures slipped 18 cents, or 0.2%,...


Oil prices held steady on Monday, with market caution heightened by waning demand in the United States and China as well as mixed signals from the U.S. Federal Reserve. Brent crude futures for January were up 19 cents at $81.62 a barrel by 1250 GMT, having lost $1 in early trading, while U.S....


Oil was steady near a five-month low with oversupply concerns in focus after OPEC+’s pledges to extend and deepen output cuts failed to halt a slump in prices. West Texas Intermediate traded above $71 a barrel, while global benchmark Brent was near $76. Skepticism that alliance members will...


Oil was steady after closing at a three-week high on escalating tensions in the Middle East, with the US and the Iranian-backed Houthis trading tit-for-tat strikes that have upended the global shipping market. West Texas Intermediate held near $74 a barrel after jumping more than 2% on...


Oil was steady after closing at a three-week high on escalating tensions in the Middle East, with the US and the Iranian-backed Houthis trading tit-for-tat strikes that have roiled global shipping. Brent held near $79 a barrel after rising by 1.6% on Thursday, while West Texas...


Oil’s march toward $100 a barrel remained on pause as a rapidly tightening market was balanced concerns that central banks will keep interest rates higher for longer.     West Texas Intermediate was steady near $90 a barrel after slipping 0.4% on Monday. Macroeconomic...


Oil’s march toward $100 a barrel remained on pause as the impact of a rapidly tightening market was offset by gains in the dollar that made crude more expensive for many buyers.  West Texas Intermediate was steady near $90 a barrel after slipping 0.4% on Monday. Surges in closely...


Oil futures were flat to slightly lower Friday, headed for a monthly gain but another round of quarterly losses as June comes to a close, with crude prices remaining shadowed by worries over the economic outlook. West Texas Intermediate crude for August delivery was off 14 cents, or 0.2%, at...


Oil was steady as continued Houthi attacks on ships in the Red Sea that are keeping tensions high in the Middle East were offset by a shaky global economic outlook and gains in the dollar. Global benchmark Brent held above $78 a barrel after edging 0.2% lower on Monday, while West Texas...


Oil prices steadied on Wednesday as industry data showed an unexpected draw in {{8849|U.S. crcrude oil inventories, after the market tumbled in the previous session on fears that more aggressive U.S. interest rate hikes would hit demand. Brent crude futures rose 18 cents, or 0.2%, to $83.47 per...


Oil prices were little changed on Thursday after a two-day decline, including a sharp drop on Wednesday, as a U.S. government credit downgrade weighed on sentiment, though concerns around supply tightness provided some support. Ratings agency Fitch downgraded the main U.S. credit rating, the...


Oil held a modest advance as the market weighed geopolitical risks in the Middle East against hawkish comments from the Federal Reserve.  West Texas Intermediate traded below $73 a barrel after rising 0.7% on Monday in a session that also saw it rebound from a three-week low, with Brent...


Oil steadied in London as financial markets remained on edge while US lawmakers prepared for final negotiations to reach a deal on the debt ceiling.   Brent crude traded near $75 a barrel after losing almost 2% over the prior two sessions. President Joe Biden and House...


Oil Steady As Market Awaits China GDP Data
Monday, 17 April 2023 15:21 WIB | Commodity

Oil prices were steady on Monday as investors eyed Chinese economic data for signs of demand recovery in the world's second-largest oil consumer. Brent crude futures nudged 7 cents lower to $86.24 a barrel by 0746 GMT, while U.S. West Texas Intermediate crude was at $82.47 a barrel, down 6...


Oil prices were roughly unchanged on Monday as investors weighed the prospect of tighter supplies from OPEC+ producers from May against concerns about weakening global growth that may dampen fuel demand. Brent crude futures slipped 5 cents to $85.07 a barrel by 0237 GMT, while U.S. West Texas...


Oil Steady Amid OPEC+ Supply Cut Expectations
Monday, 4 September 2023 15:09 WIB | Oil

Oil prices were stable on Monday amid expectations that major producers would keep supplies tight, as hopes grew for the Federal Reserve to leave interest rates unchanged to avoid dampening the U.S. economy. Brent crude futures for November crept 16 cents higher to $88.71 a barrel by 0800 GMT....


Oil was steady after its first weekly loss since June, with macroenomic concerns outweighing signs of a tight physical market. Global benchmark Brent traded below $85 a barrel, after dropping 2.3% last week. The cautious start to the week comes amid growing indications of economic malaise...


Oil prices steadied on Thursday, having hit their lowest since late 2021 earlier this week, as strong U.S. jobs data countered bearish signals from Fed Chair Jerome Powell highlighting banking sector risks and swelling U.S. crude stockpiles. Brent crude futures were up 1 cent, or 0.01%, at $76.70...


Oil steadied after falling over the previous three sessions on signs that the Israel-Hamas war will remain contained for the time being. Global benchmark Brent was near $88 a barrel, erasing about half of the gains since Hamas’ attack on Oct. 7, while West Texas Intermediate traded below $84...


Oil steadied after dropping the most in eight weeks on technical resistance and speculation Saudi Arabia will start restoring output if prices get too high.  West Texas Intermediate was subdued after a rollercoaster session on Thursday, when it rose above $95 a barrel before...


Oil Steady After Tanking in Previous Session
Thursday, 5 October 2023 15:14 WIB | Oil

Oil prices were broadly steady on Thursday after the previous session's big losses, as an uncertain demand outlook held off any boost from an OPEC+ panel maintaining oil output cuts to keep a tight supply. Brent crude oil futures rose slightly by 18 cents to $85.99 a barrel at 0818 GMT, while...


Oil steadied after jumping Wednesday on signs Israel will proceed with a ground invasion of Gaza, reviving concerns the conflict could escalate and threaten energy supplies.  West Texas Intermediate traded near $85 a barrel, after rising 2% in the previous session, while global...


Oil futures were slightly higher early Monday, flipping between small gains and losses as traders monitored talks to lift the U.S. government’s debt ceiling and avert a default. West Texas Intermediate crude for June delivery rose 10 cents or 0.1%, to $71.65 a barrel on the New York Mercantile...


Oil futures traded slightly higher early Thursday after shaking off a seventh straight weekly rise in U.S. crude inventories during the previous session. West Texas Intermediate crude for March delivery rose 6 cents, or 0.1%, to $78.53 a barrel on the New York Mercantile Exchange. April Brent...


Oil steadied after falling more than 6% over the previous three sessions on signs the Israel-Hamas war will remain contained for the time being.  West Texas Intermediate traded below $84 a barrel, and has now given up the bulk of its gains since Hamas’s attack on Oct. 7, while global...


Oil was steady near $92 a barrel after dropping the most in eight weeks in the previous session on technical resistance and speculation the Saudis will start restoring output if prices get too high.  West Texas Intermediate was subdued after a rollercoaster session on Thursday in...


Oil steadied after a mixed US inventory report, while OPEC and the IEA offered contrasting outlooks for the global crude market. Brent crude traded near $83 a barrel after rising almost 1% on Tuesday. West Texas Intermediate was above $77 following a seven-day advance. The...


Oil steadied after a six-week run of losses on speculation that the Federal Reserve is done raising interest rates and the possibility that US sanctions on Venezuelan supply could be tightened once again.  Brent crude traded near $79 a barrel after capping the worst run of weekly...


Oil steadied after Monday’s gains as pockets of strength in physical markets supported wider sentiment. Brent neared $83 a barrel after advancing 1.1% in the previous session, while West Texas Intermediate was at almost $78. Time spreads have strengthened, signaling near-term tightness that...


Oil steadied as traders weighed heightened tensions in the Middle East, including another vessel attack near Yemen, and mixed signals on US crude and product stockpiles.  West Texas Intermediate held below $73 a barrel, after ending modestly higher on Wednesday, while Brent was near...


Oil prices were little changed on Tuesday as traders weighed a host of conflicting supply and demand worries, from rising tensions in the Middle East to cold weather woes disrupting production in the United States. Brent crude futures added 2 cents to $80.08 a barrel by 0702 GMT, while U.S. West...


Oil prices steadied on Tuesday after a more than $1 slide on Monday amid hopes the U.S. would ease sanctions on producer Venezuela and as Washington stepped up efforts to prevent an escalation of the war between Israel and Hamas. Brent crude futures were up 16 cents at $89.81 a barrel, while U.S....


Oil Steadies on China Growth Hopes
Tuesday, 28 February 2023 11:47 WIB | Energy

Oil prices were steady in Asian trade on Tuesday, supported by hopes a solid economic rebound in China will drive up fuel demand, offsetting worries about further U.S. interest rate hikes potentially hurting demand in the world's biggest economy. Brent crude futures for April, due to expire on...


Oil hovered around three-month highs on Tuesday as investors focused on tightening global supplies and demand growth in the second half of the year. Brent crude futures for October were at $85.43 a barrel at 1152 GMT, down 20 cents. Front-month Brent settled at its highest since April 13 on...


Oil steadied near $90 a barrel in New York as tight global fuel supplies lure hedge funds back to the market.  Speculators have boosted their bullish positions on WTI to the highest since February 2022, while a rally among key gauges on the nearest part of the futures curve...


Oil steadied as equity markets ticked higher and traders waited for the next set of clues on the outlook for crude demand in the US and China. West Texas Intermediate traded near $80 a barrel after gaining 1.5% over the past three sessions, the longest run of gains since late July. The...


Oil Steadies Near $80 as China Announces Stimulus
Wednesday, 24 January 2024 18:23 WIB | Oil

Oil steadied on Wednesday, with Brent trading near $80 a barrel, as a Chinese economic stimulus package and geopolitical tensions were offset by concerns over tepid demand and a stronger dollar. The front-month March contract for Brent crude fell 4 cents to $79.51 a barrel at 1109 GMT. U.S. West...


Oil steadied before the Federal Reserve’s monetary-policy decision and guidance from producer group OPEC and its allies. West Texas Intermediate was little changed near $79 a barrel after gaining 1.3% on Tuesday. While the US central bank is expected to deliver...


Oil steadied after a three-day drop ahead of a series of market reports and US inflation data that may provide direction for prices. West Texas Intermediate futures traded above $78 a barrel after falling 1.5% over the previous three sessions. Brent closed near $82 on Monday. Traders will...


Oil steadied in Asia after jumping almost 3% on Wednesday as optimism the US would resolve its debt-ceiling impasse triggered broad gains in financial markets, offsetting a largely bearish US stockpile report. West Texas Intermediate futures traded near $73 a barrel after the biggest daily...


Oil steadied in Asia after jumping almost 3% on Wednesday as optimism the US would resolve its debt-ceiling impasse triggered broad gains in financial markets, offsetting a largely bearish US stockpile report. West Texas Intermediate futures traded below $73 a barrel after the biggest daily...


Oil steadied above a three-week low, as traders digested the Federal Reserve’s latest meeting for the outlook on interest rates and weighed the potential for better demand in China. West Texas Intermediate traded near $76.50 a barrel after losing 3.1% in the previous session following...


Oil steadied after a three-day drop spurred by concerns over the Chinese economy and the possibility of even tighter US monetary policy. West Texas Intermediate was little changed above $79 a barrel after shedding more than 4% this week. Worries over top importer China’s post-pandemic...


Oil steadied as investors weighed the extent of China’s demand recovery and the likelihood of OPEC+ keep output unchanged. West Texas Intermediate was little changed above $80 a barrel after declining by almost 2% on Tuesday as mixed corporate earnings spurred concerns about a US...


Oil steadied as traders waited for fresh signals on the state of Chinese crude demand after the nation ditched Covid curbs. West Texas Intermediate for March delivery was little changed above $81 a barrel after swinging between gains and losses on Monday. Futures trading volumes are...


Oil steadied as traders waited for fresh signals on the state of Chinese crude demand after the nation ditched Covid curbs. West Texas Intermediate for March delivery was little changed above $81 a barrel after swinging between gains and losses on Monday. Futures trading volumes are...


Oil steadied as investors assessed a complex outlook for global crude demand after a period of volatile trading. West Texas Intermediate held above $71 a barrel after surging by more than 4% on Friday, when futures pared a steep weekly loss. While fears of a US recession and bank...


Oil steadied on Monday, after rising for three straight weeks, as looming supply cuts from Saudi Arabia and other OPEC+ producers balanced concern about weakening global growth that may dampen fuel demand. Crude last week jumped more than 6%, a third weekly gain, after OPEC+, the Organization of...


Oil steadied as investors juggled signs of tighter supplies with elevated tensions in the Middle East and a still-shaky demand outlook. West Texas Intermediate edged higher above $77 a barrel after dropping 1.8% on Tuesday from Friday’s close. Brent was near $82. OPEC+ producer Russia met...


Oil steadied as persistent demand concerns were offset by declines in crude stockpiles in the US. West Texas Intermediate traded above $75 a barrel, after dropping by 0.5% on Wednesday. Nationwide inventories fell with stockpiles at the Cushing, Oklahoma, storage...


Oil steadied as concerns that the US Federal Reserve will keep on raising interest rates to combat inflation balanced out a supply disruption in Europe and optimism over a demand recovery in China. West Texas Intermediate failed to hold an early gain to trade little changed above above...


Oil steadied after a two-day gain as optimism over a revival in Chinese demand was balanced by concerns over tighter US monetary policy. West Texas Intermediate traded near $78 a barrel after adding almost 3% over the previous two sessions. Chevron Corp. Chief Executive Officer Mike...


Oil steadied after a two-day gain as optimism over a revival in Chinese demand was balanced by concerns over tighter US monetary policy. West Texas Intermediate traded near $78 a barrel after adding almost 3% over the previous two sessions. Chevron Corp. Chief Executive Officer Mike...


Oil steadied on Wednesday, giving up most of its earlier gains, as Middle East supply concerns arising from the Israel-Hamas war and the shutdown of a top Libyan oilfield balanced rising U.S. output and worries about weak economic growth. While the Organization of the Petroleum Exporting...


Oil steadied on Tuesday as investors considered the potential impact on oil supply from attacks by Yemen's Iran-aligned Houthi militants against ships in the Red Sea, which have disrupted maritime trade and forced companies to reroute vessels. Crude prices had climbed nearly 2% on Monday on fears...


Oil steadied on Tuesday, finding support from geopolitical tensions in the Middle East and investor optimism that the U.S. Federal Reserve would soon start cutting interest rates, boosting global economic growth and fuel demand. While hopes of rate cuts and conflict in the Red Sea have led to a...


Oil prices were little changed on Tuesday as investors weighed a possible tightening of U.S. crude supplies against weaker-than-expected Chinese economic growth. Brent crude was down 1 cent at $78.49 a barrel by 0753 GMT, while U.S. West Texas Intermediate crude edged up 1 cent to $74.16 a...


Oil steadied as the International Energy Agency indicated the market isn’t as tight as previously expected, even as demand continues to climb. Brent traded just under $83 a barrel. The global benchmark is still up more than 3% from its closing price on Nov. 8, when it settled at the lowest...


Oil held steady as investors tracked China’s plans to support its economy while a prior rally in wider markets ran out of steam. Benchmark Brent futures traded near $76.50 a barrel after climbing more than 2% last week as China cut interest rates and hinted that further support would be...


Oil steadied after four weekly gains as traders weighed prospects for another hike from the Federal Reserve against signs of a tighter market. Brent crude traded little changed near $81 a barrel in London, having gained roughly 10% since late June. Prices have strengthened as...


Oil steadied as persistent demand concerns and dollar strength were offset by drops in crude stockpiles in the US. West Texas Intermediate traded near $75 a barrel, after declining by 0.5% on Wednesday. Nationwide inventories fell and stockpiles at the storage hub at Cushing,...


Oil prices were little changed on Tuesday as investors weighed the enduring possibility of another U.S. interest rate hike undercutting demand against supply concerns emanating from a hurricane hurtling towards the U.S. gulf coast. Brent crude edged 28 cents higher at $84.70 a barrel by 0820 GMT,...


Oil steadied after falling the most in a week on Monday as Chinese measures to aid its property market improved the demand outlook. West Texas Intermediate traded above $73 a barrel after closing 1.2% lower in the previous session. Chinese regulators stepped up pressure on financial...



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