crude oil

US Presidents' Day: Global Oil Prices Plunge Near $77.80 Per Barr...

Witriyani Mon, 19 Feb 2024

Global oil prices per barrel have recently declined, possibly due to technical corrections and weak trading caused by Presidents' Day holiday in the United States. WTI prices reached around $77.80 per

WTI oil traders rebound as prices surpass $70.00.

Witriyani Fri, 08 Dec 2023

U.S. benchmark crude oil, or WTI, traded around $70.85 last Friday. WTI prices rose after hitting a six-month low due to requests from Russia and Saudi Arabia to the Organization of the Petroleum Expo

WTI Crude Oil Today Rebounds Around $77.50

Witriyani Wed, 26 Apr 2023

World crude oil prices today WTI cut its biggest daily decline in a week to around $77.50 ahead of the European session on Wednesday as market sentiment improved ahead of key US data and official week

Down Again! Oil Prices Slump to Lowest Level, Here's the Cause

Haryanto Fri, 17 Mar 2023

World oil prices fell again in trading last Thursday, and reached the lowest level in the last 16 months. This happened because market sentiment remained fragile despite good news regarding Credit Sui

China's Crude Oil Imports Dropped 1.3%, What's the Reason?

Haryanto Fri, 10 Mar 2023

Global crude oil prices experienced corrections in the previous two sessions due to disappointing Chinese economic data. However, today, global crude oil prices strengthened again after hawkish commen

Bad News! Oil Prices Plunge on Weak China Import Data

Haryanto Wed, 08 Mar 2023

Oil Prices Continue to Weaken on Stronger U.S. Dollar, Contraction in China Imports and Exports Global oil prices declined after five days of steady gains on a stronger U.S. dollar and weak

Oil Prices Soar Today Awaiting China's Trade Data

Witriyani Tue, 07 Mar 2023

Oil prices surged to multi-week highs on Tuesday as markets awaited trade data from China to gauge the strength of crude demand in the country, although anticipation of Fed Chair Jerome Powell's testi

Oil Prices Surge Driven by China's Quarantine Policy & U.S. Snows...

Haryanto Tue, 27 Dec 2022

Jakarta, GIC Trade – Crude oil prices in the Asian session were observed to rise to a three-week high after China took covid-related policy measures and cold weather across the U.S. prompte

Global Crude Oil Strengthens To $76.00 As Dollar Bullish

Witriyani Wed, 21 Dec 2022

World crude oil prices today - WTI crude oil buyers are jostling during a three-day uptrend on Wednesday morning as they face a major near-term hurdle around $76.50. Thus, the black gold prices a

WTI Crude Oil Returns Bearish & Loses 14,000 Barrels

Witriyani Mon, 12 Dec 2022

WTI Crude Oil News Today - West Texas Intermediate (WTI) today moved higher by 0.57% after moving between lows of $71.47 and $72.30. The new low for 2022 was set on Friday due to supply concerns

Impact of US Recession on Global Crude Oil and Asian Stock Market...

Witriyani Thu, 08 Dec 2022

Asian network markets weakened again on Thursday, December 8, 2022 due to concerns about a US recession that has spiked. However, the S&P 500 made progress on Wednesday after experiencing a contin

Crude Oil, WTI, Ready to Test Prices From $81.00 to $80.00 Levels

Wachda Mihmii Fri, 02 Dec 2022

Crude oil, West Texas Intermediate (WTI) attempted a lock-in of $81.00 to $80.00 supported by the easing of Covid-19 lockdowns in China. However, WTI is lower by an estimated 0.2% in Asia and is sitti