world oil prices

Jakarta, GIC Trade – WTI crude futures held near $72 a barrel on Thursday after surging nearly 3% in the previous session, supported by supply cuts from major oil producers and a large drop

Jakarta, GIC Trade – WTI crude futures jumped as much as 4.6% to about $75 a barrel on Monday before cutting gains to trade below $74, after Saudi Arabia pledged to cut production by 1 mill

In today's import exports, world crude oil prices experienced little movement for the Asian session. Holding near a one-month high as the market awaits the latest cues from US inflation data to be ann

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

Oil prices have fallen in recent days and continued their decline on Tuesday, amid concerns that more aggressive U.S. interest rate hikes will hurt demand.In this article, we will discuss why oil pric

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

Global oil prices have recovered after an earlier slump caused by incorrect media reports that the United Arab Emirates would leave the Organization of Petroleum Exporting Countries (OPEC). However, a

Global oil prices slipped on concerns about the negative impact of the worsening global economic situation. Despite the price decline, it remained under control due to concerns about future oil suppli

Crude oil prices hovered below a two-month high on Tuesday as the market weighed mixed demand signals from top importer China, although a weaker dollar, amid expectations of a less hawkish Federal Res

Oil prices fell on Monday (10/31/2022), after weaker-than-expected Chinese business activity data raised fresh concerns about slowing crude demand, although expectations of tighter supplies in the com

Oil prices fell on Wednesday, (10/26/2022) after data showed that U.S. crude inventories grew more than expected last week, although signs of strong gasoline demand and warnings about tighter supplies

Oil prices weakened on Tuesday (18/10/2022) as the market weighed signs of tightening crude supplies against growing concerns that a global economic slowdown will erode demand for crude this year. Th