crude oil prices

OPEC to Cut Production, Oil Prices Soar

Haryanto Wed, 24 May 2023

Jakarta, GIC Trade – WTI crude futures surged above $74 a barrel on Wednesday, rising for a third straight session to their highest level in three weeks, as warnings from the Saudi energy m

Inventories Deplete, Crude Oil Prices Rise

Administrator Thu, 26 Jan 2023

Jakarta, GIC Trade – Oil prices rose in early Asian trade on Thursday, January 26, 2023 as reports showed United States (US) crude oil inventories rose less than expected. Meanwhile, a weak

Oil Prices Post Weekly Decline as COVID-19 Surge

Wachda Mihmii Fri, 14 Oct 2022

Oil prices rose on Friday but were set to end the week lower as a surge in COVID cases in China fueled concerns about slowing demand, while the U.S. posted a bigger-than-expected build in crude invent