Oil Holds Near Three-Month Low With Demand Headwinds Growing

Oil held near its lowest in more than three months as bullishness in wider financial markets was offset by signs that demand is weakening and supplies remain ample. West Texas Intermediate edged higher toward $76 a barrel after losing almost 7% over the previous two sessions, while...

Oil Holds Near Three-Month Low as Bearish Demand Indicators Grow

Oil held near a three-month low as a forecast drop in US gasoline consumption added to a growing array of indicators suggesting the demand outlook is worsening. Global benchmark Brent edged higher toward $82 a barrel after plunging 4.2% on Tuesday, while West Texas Intermediate was...

Oil Holds Near Three-Month High as China Moves to Bolster Growth

Oil traded near the highest level in three months as China announced another raft of measures to support its economy, aiding the outlook for energy demand just as the global market has shown signs of tightening. West Texas Intermediate edged higher toward $79 a barrel after a three-day...

Oil Holds Near Three-Month High After Another Red Sea Attack

Oil held gains near the highest level in over three months after another Houthi strike on a commercial ship in the Red Sea, with tensions in the key region for crude production and trade continuing to simmer. West Texas Intermediate futures were little changed near $79 a barrel from Friday’s...

Oil Holds Near Three-Month High After Another Red Sea Attack

Oil held gains near the highest level in over three months after another Houthi strike in the Red Sea, with tensions in the key region for crude production and trade continuing to simmer. Brent traded above $83 a barrel after three days of gains, while West Texas Intermediate was over $79....

Oil Holds Losses on Hawkish Fed Despite Surprise Stockpile Draw

Oil held losses on a persistently hawkish tone from the Federal Reserve, despite an unexpected decline in US crude inventories. West Texas Intermediate futures traded below $77 a barrel after sliding almost 5% over the previous two sessions. Fed Chair Jerome Powell reiterated that the...

Oil Holds Loss as Stronger US Dollar, Slowdown Concerns Weigh

Oil held a loss as a stronger US dollar and concerns over an economic slowdown that would sap energy demand weighed on sentiment. West Texas Intermediate traded below $80 a barrel after closing 1.2% lower on Monday. The dollar has climbed over the previous three sessions as investors boosted...

Oil Holds Large Weekly Climb With Red Sea Tensions to the Fore

Oil steadied after posting the largest weekly advance in more than two months, with shipping disruptions in the Red Sea in focus after a spate of Houthi attacks against vessels in the vital waterway. West Texas Intermediate traded near $74 a barrel, after rallying by 3% in the prior week,...

Oil Holds Large Weekly Climb With Red Sea Tensions to the Fore

Oil steadied after posting the largest weekly climb in more than two months, with shipping disruptions in the Red Sea in focus after a spate of Houthi attacks against vessels in the vital waterway. Global benchmark Brent traded above $79 a barrel after rallying by more than 3% last...

Oil Holds Gains as OPEC+ Supply Curbs Balanced by Demand Woes

Oil held a modest advance after Saudi Arabia and Russia’s announcements that they would prolong supply cuts through the end of the year was balanced by a worsening demand outlook.  West Texas Intermediate was steady near $81 a barrel after closing 0.4% higher on Monday, while...

Oil Holds Gains as Market Shrugs Off US Measures to Tame Prices

Oil held gains as the market shrugged off measures from US President Joe Biden to tame rising energy prices that have fueled inflation. West Texas Intermediate for December traded near $85 a barrel after rising 3% on Wednesday. Biden confirmed the release of 15 million barrels from...

Oil Holds Gain Near Five-Week High Ahead of Fed Chair Testimony

Oil held gains near the highest close in five weeks ahead of a testimony from Federal Reserve Chair Jerome Powell that will provide clues on the path forward for monetary tightening. West Texas Intermediate traded above $80 a barrel after advancing for five sessions, which drove futures...

Oil Holds Gain as Signs of Tight Market Offsets Demand Concerns

Oil held a gain as signs of a tightening crude market countered concerns about weak demand, keeping prices in a narrow range. West Texas Intermediate edged above $78 a barrel after closing 1.1% higher on Wednesday. Brent settled near $83. Timespreads are signaling a tightening...

Oil Holds Gain After US Crude Inventories Post Large Decline

Oil held gains after a five-day advance driven by a slump in US inventories and speculation that OPEC+ leaders will prolong supply cuts. West Texas Intermediate traded above $81 a barrel, after advancing 3.5% in the longest run of daily gains since March. Stockpiles in the US...

Oil Holds Gain After US Crude Inventories Post Large Decline

Oil held gains after a five-day advance driven by a slump in US inventories and speculation that OPEC+ leaders will prolong supply cuts. West Texas Intermediate traded above $81 a barrel, after advancing 3.5% in the longest run of daily gains since March. Stockpiles in the US...

Oil Holds Advance With OPEC+ Cutbacks and Geopolitics in Focus

Oil held the biggest gain in a week, with OPEC+ set to affirm its policy of production cuts amid tensions in the Middle East and Russia. Global benchmark Brent traded near $87 a barrel after gaining 1.6% on Monday, while West Texas Intermediate was above $82. OPEC+ delegates weren’t...

Oil Holds Advance With OPEC+ Cutbacks and Geopolitics in Focus

Oil steadied after the biggest gain in a week, with OPEC+ set to affirm its policy of production cuts amid tensions in the Middle East and Russia. Global benchmark Brent traded below $87 a barrel after rising 1.6% on Monday, while West Texas Intermediate was near $82. OPEC+...

Oil Holds Advance on US Gasoline Drawdown and Rate Cut Outlook

Oil held a gain as strong US gasoline demand and indications that the Federal Reserve will cut interest rates this year aided sentiment. Brent crude traded just below $83 a barrel after rising by 1.1% on Wednesday, as West Texas Intermediate was above $79. US gasoline...

Oil Holds Advance as Traders Wait for Next OPEC+ Move on Supply

Oil traded near the highest level since mid-November after a surge driven by supply cuts from OPEC+ that have tightened the market. West Texas Intermediate held above $85 a barrel in early Asian trading, 0.3% higher than Friday’s close. There was no settlement for the US crude benchmark...

Oil Holds Advance as Traders Take Stock of OPEC+ Supply Curbs

Oil steadied in Asia after rising more than 2% Tuesday on Saudi Arabian and Russian output cuts, with traders waiting for commentary from Saudi Energy Minister Prince Abdulaziz bin Salman. Global benchmark Brent was little changed above $76 a barrel after rising in a low-volume session...

Oil Holds Advance as Traders Look to Signs of Improving Demand

Oil held a gain as traders assessed signs of improving demand in Asia and a US industry report pointed to a modest drop in stockpiles. West Texas Intermediate for August was steady above $72 a barrel after rallying by almost 2% on Wednesday. Emerging demand from refiners in China to...

Oil Holds Advance as Traders Brace for Iran Strike on Israel

Oil held the first gain in three sessions as traders watched for a potential attack on Israel by Iran or its proxies, which could spark a significant escalation of hostilities in the Middle East. Brent futures traded above $90 after closing 1.1% higher on Wednesday, while West Texas...

Oil Hits Three-Week Low as Equity Woes Overshadow Tight Supplies

Oil hit a three-week low as light summer trading left the commodity at the mercy of broader markets.  West Texas Intermediate Futures are down 4.6% this week, on pace to snap a seven-week streak of gains. Equities, rattled by China’s stock market woes, dragged oil lower,...

Oil Hits New Highs As Tighter Supply Offsets China Demand Concern

Oil hit new peaks on Wednesday with Brent crude touching the highest since April as tighter supply owing to Saudi and Russian output cuts offset concerns over slow demand from China and a report showing rising U.S. crude inventories. Top exporter Saudi Arabia last week extended its voluntary...

Oil Heads For Weekly Loss On Rate Hike Worries, Ample Supply

Oil fell about 2% on Friday and was heading for a weekly decline, pressured by concerns of more U.S. Federal Reserve interest rate hikes that could weigh on demand, and signs of ample supply. Two Fed officials on Thursday warned additional hikes in borrowing costs are essential to lower inflation...

Oil Heads for Steep Weekly Loss as Fed Sees Further Tightening

Oil headed for a weekly loss of more than 3% after the Federal Reserve signaled that further rate hikes were needed, bruising appetite for risk, aiding the dollar, and raising the prospect of an economic slowdown. West Texas Intermediate was steady below $70 a barrel after tumbling 4.2%...

Oil Heads for Solid Weekly Gain as Russia to Extend Export Cuts

Oil headed for a weekly gain after Russia signaled that it would extend export curbs and US inventories dropped further. West Texas Intermediate was steady above $83 a barrel, almost 5% higher this week. Moscow has agreed with OPEC+ partners on further cuts to exports, with details...

Oil Heads For Second Weekly Gain On Geopolitical Tension, Supply Concerns

Oil prices extended gains on Friday and headed for a second weekly gain, supported by geopolitical tensions in Europe and the Middle East, concerns over tightening supply and optimism about global fuel demand growth as economies improve. Brent crude climbed 59 cents, or 0.7%, to $91.24 a barrel...

Oil Heads for Second Weekly Climb After OPEC+ Leaders Wade In

Oil headed for a second weekly gain after OPEC+ leaders Saudi Arabia and Russia tightened supplies and US employment figures missed expectations. West Texas Intermediate was little changed near $72 a barrel, on course for a weekly advance of 1.6%. The US crude benchmark is set for the first...

Oil Heads for Robust Weekly Gain as Russia to Extend Export Cuts

Oil headed for the biggest weekly gain since early April after Russia signaled it would extend export curbs and US inventories fell further. West Texas Intermediate was steady above $83 a barrel, almost 5% higher this week. Moscow has agreed with OPEC+ partners on further cuts...

Oil Heads for Quarterly Advance as OPEC+ Holds the Line on Cuts

Oil climbed to head for a solid quarterly gain on expectations OPEC+ supply cuts would tighten the global market. West Texas Intermediate futures rose toward $82 a barrel after a modest two-day drop, with Brent crude above $86. The US crude benchmark has risen 14% this year, with...

Oil Heads for Quarterly Advance as OPEC+ Holds the Line on Cuts

Oil climbed to head for a solid quarterly gain on expectations OPEC+ supply cuts would tighten the global market. West Texas Intermediate futures rose to near $82 a barrel after a modest two-day drop, with Brent crude above $86. The US crude benchmark has risen 14% this year, with...

Oil Heads for Longest Losing Run Since 2021 on Slowdown Concerns

Oil fell for a fourth day, set for the longest losing run in more than a year, as investors fretted that a global slowdown would hurt energy consumption and an industry report pointed to a major build in US inventories. West Texas Intermediate fell toward $87 a barrel following a drop...

Oil Heads for Fourth Weekly Advance as Global Market Tightens Up

Oil headed for a fourth straight week of gains, supported by signs of a tightening global market and weaker dollar. West Texas Intermediate rose toward $83 a barrel, taking its weekly advance to about 2% and the longest winning run since June. The rally had been driven by improving...

Oil Heads For First Monthly Gain This Year As Supply Tightens

Oil prices stayed steady on Friday with Brent poised for its first monthly gain this year, as a big drawdown in U.S. oil stocks outweighed concerns that fuel demand will be dented further by more interest rate rises. Brent crude futures for September delivery rose 4 cents or 0.1% to stand at...

Oil Heads for Biggest Weekly Loss Since March on Demand Concerns

Oil headed for the biggest weekly drop since March as worries over the global economy clouded the demand outlook.  West Texas Intermediate edged higher toward $83 a barrel, after closing at the lowest level since late August on Thursday. The US crude benchmark has tumbled almost 9%...

Oil Gains on Signs of Tighter Market as US Stockpiles Seen Lower

Oil advanced for a fifth day on signs of another substantial draw in US inventories and a buoyant mood across wider markets. West Texas Intermediate rose above $81 a barrel, on course for the longest winning streak since March. US stockpiles tumbled by 11.5 million barrels, according to...

Oil Gains On Expectations For Higher Demand And As Middle East Concerns Rise

Oil prices rose on Tuesday, underpinned by signs that demand may improve China and the U.S., the world's biggest oil consuming nations, and growing concerns of a widening conflict in the Middle East that could affect supply from region. Brent futures for June delivery rose 58 cents to $88 a...

Oil Gains Ground on Outlook for Global Deficit in Final Quarter

Oil opened the new quarter on the front foot, edging higher on widespread bets that global demand is running ahead of supply. West Texas Intermediate advanced above $91 a barrel after soaring 29% in the three months to September, the biggest third-quarter gain in almost two decades....

Oil Gains Ground as US Undertakes Fresh Wave of Strikes in Yemen

Oil edged higher as a fresh wave of strikes by the US against Houthi targets in Yemen sustained tensions in the Middle East and reinforced the prospect of prolonged disruptions to global shipping patterns. Global benchmark Brent topped $78 a barrel after ending lower on Wednesday,...

Oil Gains as IEA Warns OPEC+ Cuts Could Cause Prices to Spike

Oil edged higher in volatile trading as the market weighed the risk of a global economic slowdown against support from output cuts by key producers. West Texas Intermediate reversed an earlier drop to trade near $88 a barrel. The International Energy Agency warned that production cuts agreed...

Oil Gains After US Leaders Strike Debt Deal

Oil prices rose on Monday after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world's largest economy and oil consumer, although concerns about further interest rate hikes capped gains. Brent crude futures climbed 45 cents, or 0.6%, to $77.40 a barrel by...

Oil Gains After OPEC+ Maintains Output Cuts, Still Heads For Weekly Losses

Oil prices rose on Friday following a decision by OPEC+ to keep its oil output policy unchanged, although benchmarks were headed for weekly losses amid unsubstantiated reports of a ceasefire between Israel and Hamas. Brent crude futures climbed 44 cents, or 0.6%, to $79.14 a barrel by 0730 GMT,...

Oil Futures Get Lift On China Demand Hopes

Oil futures rose Tuesday, finding support as ongoing hopes a revival in crude demand from China run strong. A devastating earthquake that left thousands dead in Turkey and Syria and Turkey’s Ceyhan oil export terminal, with a capacity of 1 million barrels a day, was expected to be closed through...

Oil Futures End Lower As Traders Ponder China’s Next Move On COVID-Related Restrictions

Oil futures settled lower on Monday, as traders weighed uncertainty over China’s next move on COVID-related restrictions that are likely to have an impact on energy demand. “The oil market still is a little bit nervous about the demand prospects and we want to get more clarity on China’s...

Oil Fluctuates Near $80 as Traders Track China Economy, Dollar

Oil swung between gains and losses in the first session of the year as traders digested mixed signals on demand from China, the world’s largest crude importer, and a rally in the dollar. West Texas Intermediate traded near $80 a barrel, while Brent was little changed. The rising dollar makes...

Oil Fluctuates After Russia Bans Exports to Users of Price Cap

Oil fluctuated as investors weighed the fallout from a Russian ban on exports to buyers that adhere to a Group of Seven price cap. West Texas Intermediate traded near $79 a barrel after closing little changed on Tuesday. Moscow’s restrictions will begin Feb. 1 and last until at...

Oil Fluctuates After Choppy Week as Slowdown Concerns Linger

Oil fluctuated on Friday after a volatile week as concerns over a global economic slowdown continue to hang over the market. West Texas Intermediate traded near $85 a barrel after closing little changed on Thursday. Investors are juggling slowdown fears against signs of oil market...

Oil Falls, Investors Mull Possible Conflict Escalation

Oil prices edged lower on Wednesday, as fears of disruption to supplies due to conflict in the Middle East receded, at least for the time being. Brent crude fell 49 cents, or 0.56%, to $87.16 a barrel by 1002 GMT. U.S. West Texas Intermediate (WTI) crude fell by 55 cents, or 0.64%, to...

Oil Falls to Three-Month Low as Bearish Demand Indicators Grow

Oil fell to a three-month low as a forecast drop in US gasoline consumption added to a growing array of indicators suggesting the demand outlook is worsening. West Texas Intermediate edged lower to near $77 a barrel after plunging 4.3% on Tuesday, while global benchmark Brent was near...

Oil Falls On Weak Demand Outlook In US And China, Fed Hedging

Oil prices fell on Monday, erasing gains from Friday as renewed concerns over waning demand in the United States and China, coupled with mixed signals from the U.S. Federal Reserve, dented market sentiment. Brent crude futures for January were down 61 cents, or 0.75%, at $80.82 a barrel at 0800...

Oil Falls On U.S. Debt Deal Struggles, OPEC+ Talks Uncertainty

Oil fell Tuesday as concerns about the U.S. debt ceiling pact cooled the market’s risk-on sentiment and mixed messages from major producers clouded the supply outlook ahead of their meeting this weekend. Brent crude futures fell $1.19, or 1.5%, to $75.88 a barrel. U.S. West Texas Intermediate...

Oil Falls On Stronger U.S. Dollar, China Worries; Heading For Weekly Gain

Oil extended losses on Friday, further receding from this week's 10-month highs, as fears about the health of China's slowing economy and a stronger U.S. dollar wiped out the gains triggered by supply cuts from major producers Saudi Arabia and Russia. Brent crude futures dropped 41 cents, or...

Oil Falls Further As Weak China Data Offsets US Debt Ceiling Progress

Oil prices extended losses early on Wednesday as worries of slowing demand from top oil importer China after the release of weaker-than-expected economic data outweighed some positive progress on the U.S. debt ceiling bill. Brent crude futures for August delivery slipped 15 cents to $73.56 a...

Oil Falls for Third Straight Week as Demand Fears Trump War Risk

Oil rose along with equities on Friday, but still declined for a third straight week on growing concerns over global demand and the unwinding of the Israel-Hamas war’s risk premium.  West Texas Intermediate climbed steadily through most of Friday’s session to settle above $77 a...

Oil Falls As US Holds Off Refilling Strategic Reserve

Oil prices extended losses on Friday on worries about a potential oversupply after U.S. Energy Secretary Jennifer Granholm said refilling the country's Strategic Petroleum Reserve (SPR) may take several years. Brent crude fell 34 cents, or 0.45%, to $75.57 a barrel by 0412 GMT, while U.S. West...

Oil Falls As Outlook For China, Global Economy Weigh

Oil prices edged lower on Tuesday in volatile trade as weak demand data from China and a gloomy economic outlook weighed. Brent crude futures fell $1.13, or 1.32%, to $84.78 a barrel by 1246 GMT. U.S. West Texas Intermediate crude was down $1.01, or 1.26%, at $79.25. Both contracts rose by over...

Oil Falls As Israel Embargo Concerns Fade, Venezuela Sanctions To Ease

Oil prices fell on Thursday, reversing gains in the previous session, after OPEC showed no signs of supporting Iran's call for an oil embargo on Israel and as the United States plans to ease Venezuela sanctions to allow more oil to flow globally. Brent futures for December fell 0.3%, or 29 cents,...

Oil Falls As Fed Rate Hike Raises Fuel Demand Concerns

Oil slipped on Thursday as an increase to U.S. interest rates pushed up the dollar and heightened fears of a global recession that would crimp fuel demand, though losses were capped by concern over tight supply. Brent crude dropped by $1.19, or 1.2%, to $94.97 a barrel by 1135 GMT while U.S. West...

Oil Falls Ahead Of OPEC+, U.S. Federal Reserve Meetings

Oil prices fell on Monday, giving up earlier gains, as global producers this week will likely keep output unchanged during a meeting this week and investors are cautious ahead of a U.S. Federal Reserve meeting that may spur market volatility. Brent crude futures fell 20 cents, or 0.2%, to $86.46...

Oil Falls Again As Worries Grow Over Global Economy, China COVID Cases

Oil edged lower on Wednesday after slumping in the previous session, weighed down by concerns about weak demand due to the state of the global economy and China's rising COVID cases. Brent futures for March delivery fell 43 cents to $81.67 a barrel, a 0.5% loss, by 0700 GMT. U.S. crude dropped 39...

Oil Falls Again As Worries Grow Over Global Economy, China Covid Cases

Oil fell sharply on Wednesday after slumping in the previous session, weighed down by concerns about weak demand due to the state of the global economy and China’s rising COVID cases. Brent futures last fell $2.69 to $79.41 a barrel, a 3.28% loss. U.S. crude dropped $2.34, or 3.04%, to $74.59 per...

Oil Falls After US Fed Governor Says No Rush To Cut Interest Rates

Oil prices fell on Friday after a U.S. Fed official said interest rate cuts should be delayed at least two more months, but indications of healthy demand and concerns over supplies could boost prices in the coming days. Brent crude futures were down 38 cents, or 0.5%, at $83.29 a barrel at 0524...

Oil Falls 2% On US Debt Deal Struggles, OPEC+ Talks Uncertainty

Oil fell by nearly 2% on Tuesday as concerns about the U.S. debt ceiling pact cooled the market's risk-on sentiment and mixed messages from major producers clouded the supply outlook ahead of their meeting this weekend. Brent crude futures fell $1.36, or 1.8%, to $75.71 a barrel by 0859 GMT. U.S....

Oil Falls 1% On Strong US Dollar, Mixed Supply Cues

Oil prices slipped 1% in early Asian trade on Tuesday, after falling to a three-week low in the previous session, on a stronger U.S. dollar, rising U.S. bond yields and mixed supply signals. Brent futures for December delivery declined 92 cents, or 1.01%, to $89.79 a barrel by 0225 GMT. U.S....

Oil Extends Losses as Hawkish Powell Points to Bigger Rate Hikes

Oil extended losses after Federal Reserve Chair Jerome Powell signaled the central bank is likely to boost interest rates higher and potentially faster than previously anticipated, raising concerns over a drag on demand. West Texas Intermediate futures slipped toward $77 a barrel after...

Oil Extends Gains On US Strategic Reserve Purchase

Oil prices inched higher on Monday, extending gains for a second session as U.S. efforts to replenish strategic reserves provided some support, although concerns of crude oversupply and softer fuel demand growth next year lingered. Brent crude futures rose 11 cents, or 0.2%, to $75.95 a barrel by...

Oil Extends Gains On Higher Gasoline Demand, Tighter Supply

Oil prices continued to climb on Tuesday with investors expecting a tighter market led by a seasonal rise in gasoline demand and supply cuts from OPEC+ producers, though concerns over the risk of a U.S. debt default capped gains. Brent crude futures rose 35 cents, or 0.46%, to $76.34 a barrel by...

Oil Extends Gains As Geopolitical Supply Risks Intensify

Oil prices extended gains on Wednesday as investors eyed concerns around crude and fuel supplies, following Ukrainian attacks on Russian refineries and the potential for a widening of the Israel-Hamas war to more directly include Iran. Brent crude futures for June rose 17 cents, or 0.19%, to...

Oil Extends Gains as China Debates Quarantine Cuts for Travelers

Oil advanced as Chinese officials debate easing some Covid rules, a policy that has weighed on its economy and energy demand. West Texas Intermediate for December rose as much as 1.5% to trade above $85 a barrel after gaining 3% on Wednesday. China’s bureaucrats...

Oil Extends Fall As China's Economic Reforms Underwhelm Investors

Oil prices fell for a second day on Tuesday as pledges by China to transform its economy amid stuttering growth since the COVID pandemic failed to impress investors concerned about slower consumption. Brent futures for May fell 16 cents, or 0.2%, to $82.64 a barrel by 0301 GMT, while U.S. West...

Oil Extends Drop in Thin Trading as Fears Over Covid Wave Mount

Oil extended losses on concerns that China’s rapid dismantling of its Covid Zero policy could lead to a surge in cases across the world. West Texas Intermediate dropped toward $78 a barrel after closing down 0.7% on Wednesday. The US will require air passengers from China to...

Oil Extends Drop Below $90 as Rate Concerns Overshadow Tightness

Oil fell for a fourth straight day as macroeconomic concerns overshadowed physical market tightness to cloud the demand outlook.  West Texas Intermediate traded near $88 a barrel after declining by 2.2% in the previous session. A rout in Treasuries intensified on Monday and the...

Oil Erases Drop as US Stockpile Increase Vies With China Outlook

Oil reversed an earlier decline as traders weighed the outlook for stronger Chinese demand against a reported build in US crude stockpiles. West Texas Intermediate rose as much as 0.8%, after earlier losing 1.1%. Crude inventories jumped by 14.9 million barrels last week, the American Petroleum...

Oil Edges Up On Supply Concerns, China Demand Hopes

Oil prices edged up after industry executives flagged concerns about limited spare capacity in the market and uncertainty over Russian supplies while demand from top crude importer China is recovering. Brent crude futures had risen 40 cents, or 0.5%, to $86.58 a barrel by 0154 GMT after settling...

Oil Edges Lower With US Rates Outlook and Stockpiles in Focus

Oil edged lower as the head of the US central bank lined up behind raising interest rates further in the second half of the year, and traders looked ahead to key crude stockpiles data. West Texas Intermediate for August fell toward $72 a barrel after jumping on Wednesday on signs of a...

Oil Edges Lower As Markets Shrug Off Supply Jitters

Oil prices reversed course on Wednesday after rising over 1% in the previous session, as investors shrugged off jitters arising from supply cuts from Saudi Arabia and Russia and a firm dollar capped the upside. Brent crude futures were down by 9 cents to $89.95 a barrel at 0657 GMT. U.S. West...

Oil Edges Lower as Investors Weigh Tight Market and Soft Demand

Oil dipped in early Asian trading as traders weighed signs of a tightening market against persistent concerns around demand. West Texas Intermediate edged lower toward $78 a barrel after rising 0.9% on Thursday, with prices at the upper end of a tight range. Brent settled at the highest...

Oil Edges Lower as Investors Weigh Tight Market and Soft Demand

Oil dipped in Asian trading as investors weighed signs of a tightening market against persistent concerns around demand. Brent slipped toward $83 a barrel after rising 1.6% over the previous two sessions, with prices at the upper end of a tight range. West Texas Intermediate traded near...

Oil Edges Lower as Investors Wait for Detail of China Stimulus

Oil declined as investors waited for more details on how China aims to support its economy over the second half of the year, tracking other commodities lower as the week’s trading kicked off. West Texas Intermediate fell below $71 a barrel after climbing by more than 2% last week as...

Oil Edges Lower as Concerns Over China’s Recovery Cloud Outlook

Oil edged lower as China’s lackluster recovery overshadowed a bullish outlook from the International Energy Agency and positive US data. West Texas Intermediate futures traded below $71 a barrel after closing 0.4% lower on Tuesday. Some investment banks cut forecasts for China’s...

Oil Edges Lower After Last Week’s Gain With Focus on Second Half

Oil edged lower following its first weekly gain this month, as investors start to focus on the outlook for the second half of the year. West Texas Intermediate fell toward $71 a barrel after climbing by more than 2% last week as China cut interest rates and hinted that further stimulus...

Oil Edges Lower After Four-Day Climb With Fed Decision in Focus

Oil edged lower after a four-day rally of almost 6% as traders took stock of the advance and looked toward a US interest-rate decision. West Texas Intermediate traded near $79 a barrel after closing at the highest level since mid-April. The gains have been fueled by signs that the...

Oil Edges Lower After Four-Day Climb With Fed Decision in Focus

Oil edged lower after a four-day rally of almost 6% as traders took stock of the advance and looked toward a US interest-rate decision. West Texas Intermediate traded near $79 a barrel after closing at the highest level since mid-April. The gains have been fueled by signs that the...

Oil Edges Higher With US Seeking Crude for Strategic Reserves

Oil edged higher ahead of key economic data from China as the US started soliciting bids for crude to fill its depleted strategic reserves. West Texas Intermediate rose toward $72 a barrel after closing 1.5% higher on Monday. China is scheduled to release figures on industrial...

Oil Edges Higher With US Seeking Crude for Strategic Reserves

Oil rose as the US started seeking crude to refill its strategic reserves, but concerns are mounting over China’s economic recovery. West Texas Intermediate edged toward $72 a barrel after closing 1.5% higher on Monday. The US solicited bids for as much as 3 million barrels of sour...

Oil Edges Higher On Prospect Of Tighter Supplies

Oil prices nudged higher in early Asian trade on Monday, supported by the prospect of tighter supplies from OPEC+ producers from May, but concerns about the global economic outlook capped gains. Brent crude futures gained 13 cents, or 0.2%, to $85.25 a barrel by 2356 GMT, while U.S. West Texas...

Oil Edges Higher on Outlook for Global Deficit in Final Quarter

Oil opened the new quarter on the front foot, edging higher on widespread bets that global demand is running ahead of supply. West Texas Intermediate advanced above $91 a barrel after soaring 29% in the three months to September, the biggest third-quarter gain in almost two decades....

Oil Edges Higher as Traders Weigh China Outlook, Weaker Dollar

Oil edged higher, after slumping on Wednesday, as the US dollar weakened and traders weighed the potential for better demand in China. West Texas Intermediate rose toward $77 a barrel after declining by more than 3% on Wednesday following another build in US stockpiles. The slump came...

Oil Edges Higher as Tighter Supplies Vie With Demand Concerns

Oil edged higher, buoyed by an upswing in Chinese equities and a weaker dollar, as investors juggled signs of tighter supplies with elevated tensions in the Middle East and a still-shaky demand outlook. Brent rose toward $83 a barrel after falling 1.5% on Tuesday, while West Texas...

Oil Edges Higher as Tight Supply Vies With Slowdown Concerns

Oil rose after Monday’s choppy session as investors weighed signs of a tight market against concerns over a global economic slowdown. West Texas Intermediate inched toward $86 a barrel after closing 0.2% lower on Monday. While time spreads are signaling tightness ahead of OPEC+...

Oil Edges Higher as Red Sea Tensions Elevate Crude Market Risks

Oil edged higher as traders tracked geopolitical tensions in the Middle East, with the US telling commercial ships to avoid the Red Sea following missile strikes by Houthi militants. West Texas Intermediate traded just below $73 a barrel, 0.2% higher than last week’s close, with futures not...

Oil Edges Higher as China Stimulus Moves Offset Demand Concern

Oil rose for a third day after China announced measures to boost its stock and property markets, helping offset concerns about increased supply and monetary tightening in the US and Europe. West Texas Intermediate traded above $80 a barrel after closing up 1% on...

Oil Edges Higher Ahead of Fed Policy Decision, OPEC+ Guidance

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,...

Oil Edges Higher After Weekly Loss as Slowdown Hangs Over Market

Oil clawed back some losses after a weekly slump as fears over an economic slowdown continue to weigh on the outlook for demand. West Texas Intermediate futures traded above $86 a barrel after sliding almost 4% on Friday. In a speech Sunday opening the 20th Communist Party congress, Chinese...

Oil Edges Higher After Weekly Loss as Slowdown Hangs Over Market

Oil clawed back some losses after a weekly slump as fears over an economic slowdown continue to weigh on the outlook for demand. West Texas Intermediate futures traded above $86 a barrel after sliding almost 4% on Friday. In a speech Sunday opening the 20th Communist Party congress, Chinese...

Oil Edges Higher After Tanker Struck by Missile in Red Sea

Oil edged higher as an attack on a tanker in the Red Sea raised fears of disruptions to shipping due to the Israel-Hamas war.  Global benchmark Brent traded above $76 a barrel after a vessel was struck by a missile from Houthi-controlled territory in Yemen, the US military...

Oil Edges Higher After Saudis and Russians Reaffirm Supply Cuts

Oil edged higher after Saudi Arabia and Russia reaffirmed they will stick with oil supply curbs of more than 1 million barrels a day through year-end. Global benchmark Brent crude traded above $85 a barrel, while West Texas Intermediate was near $81. The announcement by the OPEC+...

Oil Edges Higher After Saudis and Russian Reaffirm Supply Cuts

Oil edged higher in Asia after Saudi Arabia and Russia reaffirmed they will stick with oil supply curbs of more than 1 million barrels a day through year-end. Global benchmark Brent crude traded near $85 a barrel, while West Texas Intermediate rose toward $81. The announcement by...

Oil Edges Higher After Russia Bans Exports to Price-Cap Users

Oil edged higher as investors weighed the fallout from a Russian ban on exports to buyers that adhere to a Group of Seven price cap. West Texas Intermediate rose toward $80 a barrel after closing little changed on Tuesday. Moscow’s restrictions will begin Feb. 1 and last until at...

Oil Eases As Russia Downplays Additional OPEC+ Cuts

Oil prices fell on Thursday after Russian Deputy Prime Minister Alexander Novak played down the prospect of further OPEC+ production cuts at its meeting next week. Brent crude futures was down 41 cents, or 0.5%, to $77.95 a barrel at 0815 GMT. U.S. West Texas Intermediate crude (WTI) fell 51...

Oil Eases As Investors Remain Cautious On Recession Fears

Oil prices eased in early trading on Thursday after rising for the previous two sessions as investors remained cautious due to lingering concerns over a U.S. recession and weaker oil demand. Brent crude fell 19 cents, or 0.2%, at $87.14 a barrel by 0116 GMT, while U.S. West Texas Intermediate...

Oil Drops With China Demand Outlook and Powell Remarks in Focus

Oil edged lower on concern that Chinese stimulus may undershoot expectations, and as investors prepared for commentary from the head of the Federal Reserve that may flag further monetary tightening. West Texas Intermediate for August delivery dipped toward $71 a barrel in early Asian...

Oil Drops On U.S. Inventory Jump And Interest Rate Worries

Oil dropped for a second day on Wednesday as an industry report pointed to ample supplies in the United States and expectations of further interest rate hikes sparked concern over fuel demand and the economic outlook. U.S. crude stocks rose by a more than forecast 10.5 million barrels, according...

Oil Drops on China Cautious Growth Goal as Fed Concerns Linger

Oil declined at the start of the week after China set a modest growth target for this year and avoided any large stimulus, while concerns lingered over further monetary tightening from the Federal Reserve.  West Texas Intermediate dropped toward $79 a barrel after closing more than 4%...

Oil Drops for a Fourth Day as Concerns Over Demand Persist

Oil fell for a fourth day as concerns over the US economy and China’s slower-than-expected recovery weighed on the outlook. West Texas Intermediate futures dropped below $70 a barrel after capping a fourth weekly loss, the longest such run since September. Talks are continuing...

Oil Drops as Likely Fed Hike Weighed Against Tightening Market

Oil fell after four weekly gains as traders weighed prospects for another hike from the Federal Reserve against signs of a tighter market. West Texas Intermediate dropped below $77 a barrel after closing at a three-month high Friday. That upswing was driven by expectations supply cuts...

Oil Drops as Likely Fed Hike Weighed Against Tightening Market

Oil fell after four weekly gains as traders weighed prospects for another hike from the Federal Reserve against signs of a tighter market. West Texas Intermediate dropped below $77 a barrel after closing at a three-month high Friday. That upswing was driven by expectations that supply...

Oil Drops as Dollar Revival Offsets Impact of Mideast Crisis

Oil declined as the drag from a stronger US dollar and broader risk-off tone offset concerns over escalating Middle East tensions, including continued attacks on ships in the Red Sea by Iran-backed Houthi rebels. West Texas Intermediate fell below $72 a barrel after ending Tuesday modestly...

Oil Drops as China Concern and Inventory Estimate Hurt Outlook

Oil fell for a second day as traders weighed the outlook for demand in China and a US industry report pointed to a build in stockpiles, with crude joining a broad move lower among commodities including copper. West Texas Intermediate dropped toward $70 a barrel after losing 0.4% on Tuesday....

Oil Drifts Lower on Concern Chinese Stimulus Will Fall Short

Oil edged lower on concern that stimulus to revive China’s flagging economic recovery may fall short of expectations. West Texas Intermediate for August fell from Friday and was trading near $71 a barrel. There was no settlement on Monday in the US due to a holiday. Global benchmark...

Oil Drifts Lower on Concern Chinese Stimulus Will Fall Short

Oil edged lower on concern that stimulus to revive China’s flagging economic recovery may fall short of expectations. West Texas Intermediate for August fell from Friday and was trading near $71 a barrel. There was no settlement on Monday in the US due to a holiday. Global benchmark...

Oil Down More Than 1% As Uncertainty Swirls Over Delayed OPEC+ Meeting

Oil prices fell by more than 1% on Thursday, extending losses from the previous session, after OPEC+ postponed a ministerial meeting, leading to speculation that producers might cut output less than earlier anticipated. Brent futures were down $1.02, or 1.2%, at $80.94 a barrel by 0625 GMT, after...

Oil Dips On Signs Of Profit-Taking After Rallying In July

Oil prices edged lower on Tuesday on signs of profit-taking after rallying in July when investors benefited from tightening global supplies and signs of growing demand in the second half of the year. Brent crude futures for October were at $85.89 a barrel at 0822 GMT, down 54 cents. Front-month...

Oil Dips On Prospect Of Peak US Production, Despite Strong Demand Signals

Oil prices dipped on Wednesday amid signs the United States, the world's biggest oil producer, is at peak production, offsetting positive crude demand signals from top consumer China. Brent futures were down 34 cents to $82.13 a barrel at 0949 GMT, while U.S. West Texas Intermediate (WTI) crude...

Oil Dips On OPEC+ Uncertainty; Easing China COVID Curbs Limit Losses

Oil prices dipped in Asia trade on Thursday as uncertainty lingered ahead of Sunday's OPEC+ meeting, though easing COVID curbs at the world's top crude importer China capped price declines. Brent crude futures fell 43 cents, or 0.5%, to $86.54 per barrel by 0740 GMT, while U.S. West Texas...

Oil Dips On Investor Caution As Market Watches Middle East Turmoil

Oil prices eased on Tuesday after rallying more than 4% in the previous session, with traders cautious as they watched for potential supply disruptions amid military clashes between Israel and the Palestinian Islamist group Hamas. Brent crude fell 36 cents to $87.79 a barrel by 0805 GMT, while...

Oil Dips On Investor Caution As Market Eyes Middle East Turmoil

Oil prices eased on Tuesday after rallying more than 4% in the previous session, with traders cautious as they watched for potential supply disruptions amid military clashes between Israel and the Palestinian Islamist group Hamas. Brent crude fell 56 cents, or 0.6%, to $87.59 a barrel by 0630...

Oil Dips On Faltering Chinese Economy

Oil prices fell on Wednesday, pressured by lacklustre economic activity in leading crude importer China, but a first monthly gain since September remained in sight as flaring tensions in the Middle East heightened supply concerns. Brent crude futures for March, which expire today, fell 87 cents,...

Oil Dips on China Cautious Growth Goal as Fed Concerns Linger

Oil dipped at the start of the week after China set a modest growth target for this year and avoided any large stimulus, while concerns lingered over further monetary tightening from the Federal Reserve.  West Texas Intermediate eased toward $79 a barrel after closing more than 4%...

Oil Dips From Three-Week High on Lingering Concerns Over Demand

Oil slipped from the highest level in three weeks as lingering concerns over the demand outlook offset ongoing Middle East tensions. Brent crude fell below $83 a barrel after rallying almost 8% over the past two weeks, while West Texas Intermediate traded near $79. The International Energy...

Oil Dips As Potential Fed Rate Hike Overshadows Falling Stocks

Oil dropped on Wednesday as the market weighed potential interest rate hikes from the U.S. Federal Reserve that could slow growth and dampen oil consumption, offsetting falling U.S. inventories and strong Chinese economic data. Brent crude futures shed 35 cents, or 0.4%, to $84.42 a barrel as at...

Oil Dips As Investors Weigh Rate Cut Signals With Ample Supply

Oil prices dipped on Friday as investors weighed hints of looming interest rate cuts in the United States and Europe against the likelihood of relatively high global supply this year. Brent crude futures were down 0.54%, or 45 cents, at $82.51 a barrel by 1305 GMT. U.S. West Texas Intermediate...

Oil Dips as China COVID Spike Dampens Demand Outlook

Oil prices dipped on Thursday as surging COVID-19 cases in China dimmed hopes of a recovery in fuel demand for the world's largest crude oil importer. Brent futures for February fell 26 cents, or 0.3%, to $83.00 a barrel by 0430 GMT, while U.S. crude fell 26 cents, or 0.3%, to $78.70 a...

Oil Dips Ahead of Fed Rate Decision After Two-Day Relief Rally

Oil dipped ahead of an interest-rate decision from the Federal Reserve following a two-day rally, as reassurances that authorities will work to contain the banking crisis brought some investors back to risk assets. West Texas Intermediate futures edged toward $69 a barrel after rising almost...

Oil Dips After Fed Comments, U.S. Crude Stock Build

Oil prices fell on Thursday following three sessions of gains, after Federal Reserve Chair Jerome Powell highlighted banking sector credit risks for the world's largest economy, while U.S. crude stocks rose more than expected. Brent crude futures had fallen 46 cents, or 0.6%, to $76.23 a barrel...

Oil Declines Over $1 On China COVID Curbs, Weak Factory Activity Data

Oil prices fell over $1 on Monday following weaker-than-expected factory activity data out of China and on concerns its widening COVID-19 curbs will curtail demand. Brent crude futures dropped $1.10, or 1.2%, to $94.67 a barrel by 0710 GMT, after slipping 1.2% on Friday. U.S. West Texas...

Oil Declines as Tough Outlook Overshadows Middle East Tensions

Oil fell even as the US and allies pressed home their campaign against Houthi rebels in Yemen, as a tough global outlook vied with tensions in the region. Global benchmark Brent fell below $78 a barrel after ending higher on Friday, with West Texas Intermediate above $72. The US has followed...

Oil Declines as Industry Report Shows Sizable US Stockpile Build

Oil extended a modest decline after an industry report pointed to a sizable build in US inventories, and wider markets struck a weaker tone ahead of the end of the quarter. Brent crude fell below $86 a barrel after a 0.6% decline on Tuesday, while West Texas Intermediate was near $81. The...

Oil Declines as Industry Report Shows Bumper US Stockpile Build

Oil extended a decline after an industry report pointed to a substantial build in US inventories, and wider markets struck a weaker tone ahead of the end of the quarter. Brent fell toward $85 a barrel after a 0.6% drop on Tuesday, while West Texas Intermediate was below $81. The...

Oil Climbs As Middle East Tensions Fester

Oil prices rose on Monday after a drone attack on U.S. forces in Jordan added to supply disruption concerns in the Middle East and Houthi militants stepped up attacks in the Red Sea. Brent crude futures gained 21 cents to $83.76 a barrel by 1117 GMT while U.S. West Texas Intermediate crude...

Oil Climbs As Dollar Slumps, OPEC+ Keeps Output Cut Policy

Oil prices rebounded on Thursday after tumbling in the previous session as a weaker dollar brought back some appetite for risk assets and the OPEC+ decision to roll over an output cut helped ease oversupply concerns. Brent crude futures rose 65 cents, or 0.8%, at $83.49 a barrel as of 0353 GMT,...

Oil Climbs as China Boosts Vaccinations, Investors Look to OPEC+

Oil rose as China refined its approach for dealing with Covid-19 after widespread protests against strict curbs, and investors looked ahead to an OPEC+ meeting that may see a supply cut to counter market weakness. West Texas Intermediate gained above $79 a barrel, reversing an earlier...

Oil Climbs After Slump as IEA, Kuwait Flag Rising China Demand

Oil rose as a key users’ group and a leading producer flagged stronger Chinese demand just as more sanctions on Russian flows take effect. West Texas Intermediate rose toward $74 a barrel after closing on Friday at the lowest level in about a month. International Energy Agency Executive...

Oil Climbs 3% As Dollar Slips And EU Ban Looms

Oil rose by more than 3% on Friday as the dollar eased, with an EU ban on Russian oil looming large and investors weighing the prospects for an easing of China's COVID curbs. Though fears of global recession capped gains, Brent crude futures were up $3.29, or 3.48%, at $97.96 a barrel by 1203...

Oil Buoyed By US Signals On Interest Rate Cuts

Oil prices edged higher on Thursday, boosted by the U.S. Federal Reserve signalling a possible start to interest rate cuts. There was limited immediate price impact after two OPEC+ sources said that the Thursday meeting of the group of oil-producing countries - including Saudi Arabia, Russia and...

Oil Broadly Steady Amid OPEC+ Supply Cut Uncertainty, Demand Worries

Oil prices were broadly stable on Friday, as the market weighed in on conflicting messages on supply from Russia and Saudi Arabia ahead of the next OPEC+ policy meeting, a stronger U.S. dollar and worries of weaker-than-expected demand growth. Brent crude was up 6 cents to $76.32 a barrel at 0627...

Oil Attempts Rebound After Worst Day In A YearOil Attempts Rebound After Worst Day In A Year

Crude prices rose cautiously Thursday as longs hammered in the previous session tried to cover some of their losses by buying in at the lower levels. Short-covering by some bears closing out their positions for profit and bargain hunting by new buyers for oil at below $90 a barrel also helped...

Oil Advances With Equities as Traders Wait for Clues From EIA

Oil rose as traders looked ahead to a slew of market data that’ll shed light on supply-demand trends after OPEC+ cut production. West Texas Intermediate advanced above $80 a barrel, gaining along with equities while the dollar fell. In the US, the Energy Information Administration...

Oil Advances From Two-Week Low on Lingering Supply Concerns

Oil climbed from a two-week low on concerns that the European Union’s latest sanctions on Russian fuel could exacerbate the market tightness that the US is trying to alleviate with additional sales.  West Texas Intermediate rose as much as 1.6%, after dropping 7% in the previous...

Oil Advances From Two-Week Low on Lingering Supply Concerns

Oil climbed from a two-week low on concerns that the European Union’s latest sanctions on Russian fuel could exacerbate the market tightness that the US is trying to alleviate with additional sales.  West Texas Intermediate rose as much as 1.6%, after dropping 7% in the previous...

Oil Advances From Lowest Since June After US Stockpile Drawdown

Oil advanced from a five-month low on positive demand signals including a drop in US inventories and signs that the Federal Reserve has finished hiking interest rates. West Texas Intermediate rose toward $70 a barrel, after rebounding 1.3% on Wednesday from its lowest since end-June. Global...

Minyak Turun, Tetapi Menuju Kenaikan Mingguan

Harga minyak menetap lebih rendah pada hari Jumat (7/1), karena pasar terbebani oleh kekhawatiran pasokan dari kerusuhan di Kazakhstan dan pemadaman di Libya terhadap laporan pekerjaan AS yang meleset dari ekspektasi dan potensi dampaknya terhadap kebijakan Federal Reserve. Minyak mentah Brent...

Minyak Turun, Menghentikan Kenaikan Beruntun Tiga Hari Di Tengah Lockdown di Eropa

Harga minyak turun pada hari Kamis, terbebani oleh infeksi virus corona yang terus meningkat dan hasil pemilihan presiden AS masih belum diselesaikan. Minyak mentah Brent turun 38 sen, atau 0,9% ke level $ 40,85 per barel dan minyak mentah West Texas Intermediate (WTI) AS menetap 36 sen, atau...

Minyak Turun, Investor Kaji Krisis di Ukraina & Permintaan Global

Minyak turun dari level tertinggi sejak 2014 karena para pedagang mempertimbangkan pendinginan yang nyata dalam krisis Ukraina dan prospek peningkatan pasokan. Minyak mentah West Texas Intermediate (WTI) turun setelah mencapai $95 per barel pada hari Senin. Meskipun AS memperingatkan invasi Rusia...

Minyak Turun, Berkontribusi Terhadap Kerugian Mingguan pasca Data China yang Lemah

Minyak berjangka berakhir lebih rendah pada hari Jumat, menghapus kenaikan sebelumnya untuk membangun kerugian di minggu ini, karena data menunjukkan pertumbuhan ekonomi Tiongkok yang lebih lambat memicu kekhawatiran tentang permintaan minyak yang lebih lemah dan sebuah laporan baru-baru ini...

Minyak Turun, Bahkan Saat Trump Memperketat Sanksi Terhadap Venezuela

Venezuela, nama yang hampir dilupakan dalam sanksi AS kembali ke permukaan pasar minyak pada hari Selasa ketika pemerintahan Trump menggerakkan tindakan terhadap negara Amerika Selatan dalam sebuah langkah yang hanya secara singkat mengangkat harga minyak mentah. Minyak mentah West Texas...

Minyak Turun Untuk Sesi Kedua Karena Kenaikan Tak Terduga Dalam Persediaan AS

Harga minyak turun untuk sesi kedua pada hari Kamis (7/10), di bawah tekanan dari kenaikan tak terduga dalam stok minyak mentah AS yang memicu kekhawatiran atas permintaan setelah harga rally ke tertinggi multi-tahunan. Minyak mentah AS turun 1,4%, atau $ 1,11, diperdagangkan pada $ 76,35 per...

Minyak Turun Terkait Lemahnya Permintaan Minyak & Secara Mengejutkan Meningkatnya Stok AS

Harga minyak menurun pada hari Rabu, terbebani oleh prospek permintaan minyak yang lebih lemah dan meningkatnya persediaan minyak mentah AS meskipun ada ekspektasi bahwa bertambahnya pemotongan pasokan yang dipimpin oleh OPEC. Minyak mentah berjangka Brent, patokan internasional untuk harga...

Minyak Turun Terkait Kekhawatiran Permintaan, Ketegangan AS-Tiongkok

Harga minyak turun pada hari Rabu di tengah kekhawatiran tentang seberapa cepat permintaan bahan bakar akan pulih bahkan ketika lockdown mereda di banyak negara dengan penurunan kasus coronavirus, dengan ketegangan antara AS-China menambah tekanan. Minyak mentah Brent LCOc1 berjangka turun 40...

Minyak Turun Terkait Kekhawatiran Permintaan karena IEA Melihat Krisis Energi Bertahan

Minyak memperpanjang kerugian karena kebangkitan Covid-19 di China menambah kekhawatiran tentang perlambatan ekonomi global, dengan Badan Energi Internasional memperingatkan krisis energi terburuk mungkin masih bertahan. West Texas Intermediate kehilangan lebih dari 1% diperdagangkan di bawah...

Minyak Turun Terhadap Kemunculan Kembali Virus dan Cadangan Minyak A.S.

Minyak naik tipis setelah penurunan terbesar dalam hampir dua minggu karena membengkaknya stok minyak mentah AS dan lonjakan kasus coronavirus di seluruh negara bagian meningkatkan kekhawatiran tentang permintaan di ekonomi terbesar dunia. Minyak berjangka di New York turun di bawah $ 38 per...

Minyak Turun Terbebani Oleh Varian Baru COVID-19

Harga minyak turun pada hari Kamis (11/2), memangkas kenaikan baru-baru ini, karena lockdown baru dan munculnya varian virus corona baru membebani prospek pemulihan permintaan yang cepat. Minyak mentah Brent turun 52 sen, atau 0,9% ke level $ 60,95 per barel pada 1122 GMT dan minyak mentah West...

Minyak Turun Tapi Menuju Minggu Stabil pada Ketatnya Pasokan

Harga minyak memangkas kenaikan semalam pada hari Jumat (23/7) tetapi bersiap untuk mengakhiri minggu sebagian besar stabil setelah rebound dari penurunan tajam, didukung oleh ekspektasi pasokan akan tetap ketat karena permintaan pulih. Minyak mentah berjangka Brent turun 7 sen, atau 0,1%,...

Minyak Turun Tapi Menuju Kenaikan Bulanan Terbesarnya Dalam Beberapa Tahun Terakhir

Harga minyak turun pada hari Jumat, menuju penurunan mingguan pertama mereka dalam lima minggu terakhir, setelah data persediaan AS menunjukkan permintaan bahan bakar yang lebih rendah di konsumen minyak terbesar dunia sementara meningkatnya ketegangan antara AS-China membebani pasar keuangan...

Minyak Turun Setelah Reli 3-Hari Atas Permintaan Pasokan, Kekhawatiran Pertumbuhan Ekonomi

Harga minyak turun pada hari Jumat setelah tiga hari berturut-turut mengalami kenaikan, terluka oleh kekhawatiran baru tentang permintaan bahan bakar mengingat ramalan pertumbuhan ekonomi yang suram. Minyak mentah Brent turun 30 sen, atau 0,5%, pada $ 61,37 pada 01:22 GMT. Benchmark global naik...

Minyak Turun Setelah Persediaan Bensin AS Secara Tak Terduga Melonjak

Pada hari Kamis (8/4), Harga minyak turun setelah angka resmi menunjukkan peningkatan besar dalam stok bensin AS, memicu kekhawatiran tentang menyusutnya permintaan minyak mentah di konsumen terbesar dunia dari sumber daya tersebut pada saat pasokan di seluruh dunia meningkat. Minyak mentah Brent...

Minyak Turun Setelah OPEC+ Memperpanjang Pembicaraan Pasokan

Harga minyak turun tipis pada hari Jumat (2/7) setelah para menteri OPEC+ menunda pertemuan kebijakan produksi mereka, dengan sumber mengatakan Uni Emirat Arab menolak keras rencana untuk mengembalikan 2 juta barel per hari (bph) ke pasar pada paruh kedua tahun ini. Minyak mentah berjangka Brent...

Minyak Turun Setelah Mencapai Level Tertingginya Sejak 2018

Harga minyak menyentuh dan kemudian turun dari level tertinggi yang terakhir terlihat pada Oktober 2018 pada hari Senin seiring para investor mengamati hasil OPEC+ minggu ini ketika Amerika Serikat dan Iran berselisih mengenai kesepakatan nuklir, menunda lonjakan ekspor minyak Iran. Minyak mentah...

Minyak Turun Setelah Membukukan Kenaikan Mingguan Ketujuh

Minyak turun pada awal perdagangan Asia - setelah membukukan kenaikan mingguan ketujuh - di tengah kekhawatiran mutasi Covid-19 yang ditemukan di Inggris dapat mempercepat penularan virus dan menyebabkan lebih banyak tindakan lockdown. Kontrak berjangka di New York turun hampir 2% setelah ditutup...

Minyak Turun Setelah Laporan Untuk Persediaan AS yang Membengkak

Minyak turun setelah laporan industri menunjukkan peningkatan stok minyak mentah AS yang lebih besar dari perkiraan, menandakan pandemi virus corona terus mengganggu permintaan. Kontrak berjangka turun 0,6% di New York setelah menambahkan 0,2% pada hari Selasa. American Petroleum Institute...

Minyak Turun Setelah Brent Sentuh $75 Per Barel Untuk Pertama Kalinya Dalam 2 Tahun

Minyak berjangka turun pada hari Selasa (22/6), merosot setelah minyak acuan global Brent diperdagangkan sesaat di atas $75 per barel untuk pertama kalinya dalam lebih dari dua tahun. Minyak mentah West Texas Intermediate (WTI) untuk pengiriman Agustus, patokan AS, turun 41 sen, atau 0,6%,...

Minyak Turun Setelah Arab Saudi Menurunkan Harga, Optimisme Permintaan Memudar

Harga minyak turun lebih dari 1% pada hari Senin setelah sebelumnya mencapai level terendah sejak Juli karena Arab Saudi melakukan pemotongan harga bulanan terdalam untuk pasokan ke Asia dalam lima bulan sementara optimisme tentang pemulihan permintaan menyusut di tengah pandemi virus...

Minyak Turun Seiring Prospek Ekonomi Tiongkok Masih Lemah

Minyak turun pada hari Senin karena prospek ekonomi China tetap lemah bahkan ketika data manufaktur membaik, dengan perang perdagangan yang sedang berlangsung dengan Amerika Serikat membebani pertumbuhan permintaan untuk importir minyak mentah terbesar di dunia. Minyak mentah berjangka Brent...

Minyak Turun seiring Pertikaian AS-China, Kenaikan Kasus Virus Membebani Pasar

Harga minyak turun tipis pada hari Senin karena meningkatnya kasus virus corona dan ketegangan antara Amerika Serikat dan Cina mendorong investor menuju aset safe-haven. Minyak mentah Brent turun 8 sen, atau 0,2%, menjadi $ 43,26 per barel pada pukul 04:03 GMT, sementara minyak mentah West Texas...

Minyak Turun Seiring Pasar Menunggu Isyarat Lebih Lanjut Tentang Produksi Saudi

Minyak berjangka melayang lebih rendah di perdagangan Asia pada Selasa ini, karena para pedagang mengkaji laporan yang bertentangan tentang seberapa cepat Arab Saudi akan dapat mengembalikan produksinya yang hilang, sementara data ekonomi yang lembut membayangi prospek permintaan global. Kontrak...

Minyak Turun Seiring Meningkatnya Stok Minyak Mentah Menimbulkan Keraguan Atas Pemulihan dalam Permintaan

Harga minyak turun pada hari Kamis setelah data dari kelompok perdagangan industri AS menunjukkan kenaikan dalam persediaan minyak mentah, menimbulkan pertanyaan apakah ekspektasi untuk pemulihan permintaan telah berlebihan. Minyak mentah West Texas Intermediate untuk pengiriman Juli turun 28...

Minyak Turun Seiring Meningkatnya Persediaan AS

Harga minyak turun pada awal perdagangan hari Kamis setelah persediaan minyak mentah, bensin dan pemanas AS naik lebih dari yang diharapkan, menambahkan harapan pemulihan yang lancar dalam permintaan dari lockdown coronavirus. Penurunan tersebut memperpanjang kerugian sejak Rabu karena...

Minyak Turun Seiring Meningkatnya Ketakutan Virus Corona; Harga AS Berakhir Dekati 6 Bulan Terendah

Harga minyak turun pada hari Kamis, dengan harga AS mencatat penutupan terendahnya sejak awal Agustus lalu, karena kekhawatiran akan dampak ekonomi potensial dari penyebaran virus corona yang berkelanjutan. Pada Kamis sore, WHO menyatakan bahwa virus corona adalah darurat kesehatan masyarakat...

Minyak Turun Seiring Lonjakan Virus di AS Memicu Kekhawatiran akan Permintaan

Harga minyak turun pada hari Selasa di tengah kekhawatiran bahwa lonjakan kasus coronavirus baru, terutama di Amerika Serikat, akan menghambat pemulihan permintaan bahan bakar. Minyak mentah berjangka Brent turun 44 sen, atau 1,02%, menjadi $ 42,66, setelah mencapai tertinggi $ 43,19. Minyak...

Minyak Turun Seiring Ketegangan AS-China Menambah Ketegangan Ekonomi Global

Minyak sedikit lebih rendah karena perang kata-kata yang meningkat antara AS dan China menambah kehati-hatian terhadap prospek pemulihan global dalam permintaan. Minyak berjangka di New York kehilangan 0,4% di perdagangan Asia setelah pada hari Jumat merosot 2%. China memperingatkan bahwa...

Minyak Turun seiring Kekhawatiran Permintaan Melebihi Pasokan Yang Ketat

Harga minyak merosot pada hari Senin karena kekhawatiran yang tumbuh bahwa rekor kenaikan infeksi coronavirus di seluruh dunia dapat menghentikan pemulihan permintaan bahan bakar, lebih besar dari persediaan yang lebih ketat dari produsen utama. Minyak mentah Brent turun 11 sen, atau 0,3%,...

Minyak Turun seiring Kekhawatiran Pasokan Melebihi Paket Stimulus A.S.

Harga minyak turun pada hari Rabu, dengan kekhawatiran tentang meningkatnya pasokan di tengah perang harga antara Arab Saudi dan Rusia melebihi dukungan dari kesepakatan terhadap program stimulus ekonomi AS senilai $ 2 triliun. Minyak mentah West Texas Intermediate untuk Mei turun 28 sen, atau...

Minyak Turun Seiring Kasus Virus yang Bertambah, Meningkatnya Produksi Libya

Harga minyak turun pada hari Senin, memperpanjang kerugian minggu lalu, karena meningkatnya kasus virus corona di Amerika Serikat dan Eropa menambah kekhawatiran tentang permintaan energi, sementara produksi Libya yang tumbuh cepat juga membebani harga. Brent turun 75 sen, atau 1,8%, ke level $...

Minyak Turun Seiring Investor Mengamati Peningkatan Pasokan AS

Minyak turun pada hari Rabu di Asia, dengan investor mengamati kejutan atas peningkatan pasokan minyak mentah AS dan terus menilai dampak lonjakan kasus COVID-19 pada permintaan bahan bakar. Minyak berjangka Brent turun 0,46% menjadi $69,03 pada 1:38 ET (5:38 GMT) dan minyak WTI berjangka turun...

Minyak Turun Seiring Dimulainya Kembali Pekerjaan Aliran Pipa AS

Minyak diperdagangkan mendekati $ 65 per barel seiring para pedagang memantau pemulihan layanan di sepanjang pipa produk minyak terbesar AS, dan melihat ke depan untuk analisis terbaru OPEC tentang pasokan dan permintaan global. Minyak mentah West Texas Intermediate (WTI) turun tipis pada awal...

Minyak Turun seiring China Menghilangkan Target Pertumbuhan 2020 di tengah Pandemi

Harga minyak jatuh pada hari Jumat setelah China gagal menetapkan target pertumbuhan ekonomi untuk tahun 2020, memicu kekhawatiran bahwa dampak dari pandemi coronavirus akan membatasi permintaan bahan bakar di pengguna minyak terbesar kedua di dunia. Minyak mentah Brent diperdagangkan turun $...

Minyak Turun Seiring Berlanjutnya Pembicaraan OPEC+ Untuk Pengurangan Output

Harga minyak turun pada hari Kamis karena produsen termasuk Arab Saudi dan Rusia bersuara atas perlunya memperpanjang rekor pengurangan produksi yang ditetapkan selama gelombang pertama pandemi COVID-19. Minyak mentah Brent turun 26 sen, atau 0,54% menjadi $ 47,99 per barel pada 0950 GMT, setelah...

Minyak Turun Saat Pengetatan Pasar Mereda, Saluran Pipa Dimulai Kembali

Minyak turun karena data AS tentang stok dan produksi mengisyaratkan pelonggaran pengetatan pasar, dan jalur pipa utama Eropa memulai kembali alirannya. Minyak mentah West Texas Intermediate (WTI) turun menuju $91 per barel di awal perdagangan Asia setelah naik pada hari Rabu menyusul data...

Minyak Turun Saat Pedagang Mulai Mengkhawatirkan Persediaan

Minyak berjangka turun pada hari Selasa, dengan analis mencatat bahwa kontrak berjangka terdekat pada minyak mentah acuan AS telah merosot di bawah kontrak tertanggal, mencerminkan kekhawatiran atas melimpahnya persediaan setelah pembekuan di Texas bulan lalu. Minyak mentah West Texas...

Minyak Turun Saat Meningkatnya Infeksi Memicu Kekhawatiran Permintaan

Harga minyak turun pada hari Senin (19/4) di tengah kekhawatiran bahwa meningkatnya infeksi virus corona di India dan negara lain akan mengurangi permintaan bahan bakar, tetapi pelemahan dolar AS membatasi kerugian. Minyak mentah Brent turun 10 sen, atau 0,2% menjadi $ 66,67 per barel pada 1018...

Minyak Turun Saat Gangguan Pasokan Memudar, China Melawan Omicron

Minyak turun setelah mencatat kenaikan mingguan terbesar dalam sebulan -- karena pasokan kembali di Libya dan Kazakhstan, dan investor melacak penanganan China terhadap penyebaran komunitas pertama omicron. Minyak mentah Brent turun 0,4% di perdagangan Asia setelah naik lebih dari 5% minggu lalu...

Minyak Turun Saat COVID-19 Melonjak Mengancam Outlook Permintaan Bahan Bakar

Harga minyak turun untuk hari kedua pada hari Selasa (29/6) di tengah kekhawatiran tentang pertumbuhan permintaan bahan bakar yang lebih lambat karena wabah varian Delta COVID-19 yang sangat menular memicu pembatasan mobilitas baru di seluruh dunia. Minyak mentah berjangka Brent turun 35 sen,...

Minyak Turun Pasca Saudi-UEA Mencapai Kesepakatan Produksi

Harga minyak turun pada hari Rabu setelah Reuters melaporkan bahwa Arab Saudi dan Uni Emirat Arab telah berkompromi atas kesepakatan pasokan global yang akan memungkinkan UEA untuk meningkatkan produksinya. Kesepakatan antara dua produsen Teluk berarti bahwa anggota Negara Pengekspor Minyak...

Minyak Turun Pada Meningkatnya Kasus Covid-19 Menghambat Permintaan

Harga minyak merosot pada Kamis ini karena lonjakan infeksi virus corona di seluruh dunia menimbulkan kekhawatiran reboundnya permintaan bahan bakar akan terhambat ketika produsen minyak utama akan meningkatkan produksi pada Agustus. Minyak mentah berjangka West Texas Intermediate AS turun 76...

Minyak Turun pada Kebuntuan OPEC, Output AS Catatkan Rekornya

Khawatir bahwa penghasil minyak kelas berat Arab Saudi dan Rusia menuju kebuntuan pada pembicaraan pengurangan produksi mengirim harga minyak mentah lebih rendah pada hari Rabu, di tengah data yang menunjukkan output A.S. pada rekor tertinggi baru. Minyak mentah West Texas Intermediate (WTI),...

Minyak Turun pada Black Friday Karena Rusia Mengirim Sinyal Beragam Untuk OPEC

Black Friday tampaknya memiliki arti berbeda untuk bulls minyak. Harga minyak mentah anjlok sebesar 5% pada hari belanja ritual setelah Thanksgiving ketika Rusia mengirimkan sinyal beragam pada komitmennya untuk memperpanjang pengurangan produksi dan kesepakatan AS-China tampak lebih rumit...

Minyak Turun Menuju $ 60 Menjelang Pertemuan OPEC+

Minyak turun menuju $ 60 per barel pada awal perdagangan Asia di tengah meningkatnya kekhawatiran atas pertemuan pengaturan output OPEC + minggu ini. Kontrak berjangka di New York turun untuk hari ketiga, menempatkan mereka di jalur kerugian terburuk sejak Desember. Aliansi berkumpul pada hari...

Minyak Turun Menuju $ 52 Karena Kekhawatiran Virus Bayangi Pengetatan Pasokan

Minyak turun tipis menuju $ 52 per barel karena wabah Covid-19 yang muncul kembali di beberapa wilayah dan peluncuran vaksinasi yang lambat membebani prospek permintaan, mengimbangi pengetatan pasokan global. Kontrak berjangka di New York turun 0,6% setelah naik sekitar 1% pada hari Senin....

Minyak Turun Menuju $ 40 Dengan OPEC+ Mulai Lepas Pemotongan Output

Minyak sedikit lebih rendah menuju $ 40 per barel di New York karena pasar bersiap untuk lebih banyak pasokan dari OPEC dan sekutunya, dengan banyak daerah di seluruh dunia masih berjuang untuk menahan virus corona. OPEC+ akan memompa sekitar 1,5 juta barel lebih banyak bulan ini dari pada Juli...

Minyak Turun Menjelang NATO, KTT Uni Eropa Tentang Perang Rusia-Ukraina

Minyak turun tipis menjelang kesibukan aktivitas diplomatik tingkat tinggi selama perang sebulan di Ukraina yang mungkin melihat pembatasan baru di Rusia. Minyak mentah West Texas Intermediate (WTI) turun di bawah $109 per barel di awal perdagangan Asia setelah menghentikan kenaikan pada hari...

Minyak Turun Lebih Dari 4% Saat Kasus Covid-19 Melonjak

Minyak turun di bawah $ 40 per barel pada hari Jumat karena penghitungan suara yang berlarut-larut dalam pemilihan presiden AS membuat pasar cemas dan lockdown baru di Eropa untuk menghentikan lonjakan infeksi COVID-19 memicu kekhawatiran atas permintaan. Dalam pemilu AS, kandidat presiden dari...

Minyak Turun Lebih Dari 4% ditengah Kekhawatiran Permintaan

Harga minyak jatuh lebih dari 4% pada hari Senin, melemah karena meningkatnya kasus virus korona memicu kekhawatiran tentang permintaan global dan potensi kembalinya produksi Libya mendorong kekhawatiran kelebihan pasokan. Minyak mentah mengikuti pasar ekuitas dan komoditas lain dalam berbalik...

Minyak turun ke level terendah 2-minggu seiring kekhawatiran akan permintaan global

Harga minyak merosot pada hari Selasa, menghapus sebagian besar keuntungan dari hari sebelumnya yang diikuti oleh pengurangan produksi yang dipimpin OPEC, dengan investor tidak dapat menggoyahkan kekhawatiran permintaan terkait dengan ekonomi global yang rentan dan negosiasi perdagangan. Para...

Minyak Turun Ke Level $ 26 Karena Lemahnya Permintaan, Pasokan Melimpah

Minyak turun ke sekitar level $ 26 per barel pada hari Jumat karena permintaan yang lemah dampak dari krisis coronavirus dan kelebihan pasokan menekan pasar, bahkan ketika OPEC dan sekutunya mulai memotong rekor produksi. Minyak acuan global, minyak mentah Brent, telah anjlok 60 persen pada tahun...

Minyak Turun ke Bawah $ 39 Setelah Arab Saudi Memangkas Harga

Minyak memperpanjang penurunannya menjadi di bawah $ 39 per barel setelah Arab Saudi memangkas harga untuk penjualan minyak mentah Oktober karena musim mengemudi musim panas berakhir dengan banyak negara masih berjuang untuk mengendalikan virus corona. Harga minyak berjangka di New York turun 2%...

Minyak Turun Karena UE Menahan Diri Dari Tindakan Baru Terhadap Minyak Rusia

Minyak turun setelah para pemimpin Uni Eropa menghindari tindakan baru untuk mengurangi impor minyak mentah Rusia. Minyak mentah West Texas Intermediate (WTI) turun di bawah $112 per barel setelah kehilangan lebih dari 2% pada hari Kamis. Para pemimpin Uni Eropa, bersama dengan anggota NATO dan...

Minyak Turun Karena Tiongkok Mendevaluasi Yuan, Menghentikan Pembelian Pertanian A.S.

China berjanji untuk membalas tarif baru Donald Trump, tetapi yang tidak ditawar oleh pedagang komoditas adalah tekanan satu-dua dari Beijing yang mencakup devaluasi mata uang. Harga minyak merosot, dengan minyak mentah Brent jatuh di bawah dukungan kunci $ 60, karena China membiarkan yuan jatuh...

Minyak Turun Karena Persediaan AS Melonjak, OPEC Mempertimbangkan Pertemuan Lebih Awal

Pejabat OPEC dalam mode krisis, berencana untuk memajukan pertemuan pada bulan Maret mereka sebulan sebelumnya. Tapi itu masih tidak banyak membantu harga minyak pada hari Rabu karena lonjakan besar dalam stok minyak mentah mingguan AS menyarankan pasar kelebihan pasokan. Minyak West Texas...

Minyak Turun Karena Penyebaran Omicron yang Cepat Meredupkan Outlook Permintaan

Harga minyak merosot lebih dari 3% pada hari Senin (20/12) karena melonjaknya kasus varian virus corona Omicron di Eropa dan Amerika Serikat memicu kekhawatiran investor bahwa pembatasan mobilitas baru untuk memerangi penyebarannya dapat menekan permintaan bahan bakar. Minyak mentah berjangka...