Oil prices are set to end 2023 about 10% lower, the first annual decline in two years, after geopolitical concerns, production cuts and global measures to rein in inflation triggered wild fluctuations in prices. Brent crude futures were up 48 cents, or 0.6%, at $77.63 a barrel at 0523 GMT on Friday, the last trading…
Minyak menuju kerugian mingguan keempat setelah jatuh ke dalam pasar yang bearish karena tanda-tanda pasokan yang sehat dan peningkatan stok mengimbangi upaya para pemimpin OPEC+ Arab Saudi dan Rusia untuk mengendalikan penurunan. West Texas Intermediate diperdagangkan dekat $73 per barel setelah turun lebih dari 20% dari level tertingginya di bulan September. Brent anjlok hampir 5%…
Gold held steady just below its record, around $3,645/oz, after an unexpected decline in US producer prices (PPI) fueled hopes of Fed policy easing. The market now awaits the release of US CPI data Thursday evening (WIB) for confirmation of the next direction. Current market expectations price a 25 bps price cut at the Fed’s…
Apr 24 2025, 11:45 Oil prices inched higher in Asian trade on Thursday following steep losses in the prior session, as investors digested reports that OPEC+ plans to further ramp up production in June. The commodity was supported by signals of potential tariff negotiations between the U.S. and China.Brent Oil Futures expiring in June edged…
Oil prices rose in Asian trade on Monday, rising nearly 1% in early trade, supported by lower exports from Russia and as attacks by the Houthis on ships in the Red Sea raised concerns of oil supply disruption. Brent crude futures climbed 32 cents, or 0.4%, to $76.87 a barrel by 0413 GMT, while U.S….
The Hang Seng Index fell 2.1% to 27,387.11 in Hong Kong. This was its biggest daily decline since November 21, after rising 0.5% the previous day. The decline was led by the commerce & industrial sector, with all sectors weakening. Of the 88 stocks, 79 fell and only 9 rose—a sign of fairly even selling….
