PT Solid Gold Berjangka | Oil Futures End Lower after Posting a More than 2% Weekly Gain

01:14 12 September in Commodity, SOLID GOLD BERJANGKA | SOLID GROUP

Oil prices ended a bit lower on Monday, easing back after logging a more than 2% gain last week.

While demand concerns continue to “headline downside risk” for oil, fundamental conditions remain undersupplied for now, as has been clear from strong draws to commercial U.S. crude stocks in recent weeks,” said Robbie Fraser, manager, Global Research & Analytics at Schneider Electric.

October West Texas Intermediate crude fell 22 cents, or nearly 0.3%, to settle at $87.29 a barrel on the New York Mercantile Exchange after trading as high as $88.15, the highest intraday level for front-month futures so far this year.

Source : Marketwatch

MinyakMinyak WTIMinyak Mentah

No Comments

Post a Comment