US Presidents' Day: Global Oil Prices Plunge Near $77.80 Per Barr...
WitriyaniMon, 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
Bad News! Oil Prices Plunge on Weak China Import Data
HaryantoWed, 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 Rise After UAE Drops OPEC Exit Plan
HaryantoMon, 06 Mar 2023
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
Interesting Fact: Why Do Oil Prices Rise But Inflation Remains a ...
HaryantoFri, 03 Mar 2023
Crude oil continued its rally on Thursday on signs of a strong economic recovery in China, but inflation concerns kept prices from rising further. Here are the latest facts and figures you need to kno
Oil Prices Drop on Global Economic Concerns
HaryantoTue, 28 Feb 2023
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
Oil Prices Rise More Than Half Percent
AdministratorFri, 13 Jan 2023
Jakarta, GIC Trade – World crude oil prices in trading on Friday, January 13, 2023, rose again by 0.5 percent after previously rising by around $1 per barrel on Thursday amid optimism over
Oil Prices Surge Driven by China's Quarantine Policy & U.S. Snows...
HaryantoTue, 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
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
Asian Stock Markets, Global Crude Oil Prices Weaken Due to Lockdo...
Wachda MihmiiMon, 05 Dec 2022
Asian stock markets have shown mixed responses as risk appetite turns cautious ahead of the US ISM PMI. S&P500 futures have turned subdued on hawkish comments, Fed policymakers said the target on
World Oil Prices Rise! China Tightens Supply Again!
Wachda MihmiiMon, 14 Nov 2022
Oil prices rose on Monday as markets bet that China’s easing of COVID-19 measures would eventually boost demand for the country’s crude, while curbs on Russian oil shipments also appeared
Oil Slumps on US Inventory Build, Saudi Limits Losses
Wachda MihmiiWed, 26 Oct 2022
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 Weaken, Raising Fears of Economic Slowdown
Wachda MihmiiTue, 18 Oct 2022
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.
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