/data/photo/2013/11/26/1516297shutterstock-125512598780x390.jpg "World Oil Prices Are Declining, This is the Trigger")
JAKARTA, KOMPAS.com – Price oil The world’s crude oil continues to weaken due to the increase in Covid-19 cases which is getting worse in China. These conditions raise fears of falling demand crude oil from that country. quote Bloomberg Monday (11/4/2022), at 8.30 WIB oil prices Brent crude futures for the June 2022 contract fell … Read more
/data/photo/2014/11/12/1450004shutterstock-92815276780x390.jpg "Lockdown in China Makes Crude Oil Prices Sliding")
JAKARTA, KOMPAS.com – Price oil World crude oil continued to decline in trading today, Monday (4/4/2022) triggered by the worsening of the Covid-19 case in China. Besides that, oil prices also weighed down by the prospect of additional stocks from the United States (US) oil reserves. Quoting Bloomberg data, at 07.25 WIB crude oil prices … Read more
TEMPO.CO, Jakarta – PT Pertamina (Persero) plans to buy crude oil from Russia to meet the needs. Pertamina President Director Nicke Widyawati said the company was preparing a business to business or B to B purchase process. “We are currently coordinating with the Ministry of Foreign Affairs,” Nicke said during a hearing with Commission VI … Read more
loading… World crude oil prices have surged to their highest level since 2008 after the United States (US) said it was discussing a potential embargo on Russian oil supplies. Photo/Dock Reuters LONDON – Crude oil prices The world has soared to its highest level since 2008 after the United States said it was discussing a … Read more
Jakarta, CNBC Indonesia – Russia is being threatened by various economic sanctions by the western world for its actions in Ukraine. One of them is by trying to kick Russia out of the international banking information network known as SWIFT. These sanctions are expected to disrupt exports of Russian natural products such as oil and … Read more
Jakarta, CNBC Indonesia – Commodity markets extended their rally on Thursday (3/3/2022), with aluminum, coal and CPO (crude palm oil) all hit new records, while crude oil and wheat hit multi-year highs as Russia’s incursion into Ukraine disrupted global flows of raw materials. Russia’s position as a major supplier in the oil, gas, metals, grain … Read more
Jakarta, CNBC Indonesia – The Russian military is reported to have returned to the barracks, cooling Russia-Ukraine tensions that had heated up. This has made commodity prices volatile again. Some are sinking, but there are also stable and even rising. Russian President Vladimir Putin confirmed that the Russian Defense Ministry had withdrawn troops and infrastructure … Read more
Jakarta, CNBC Indonesia – World crude oil prices this week recorded a fairly severe correction, although in a daily period, throughout this week world crude oil prices tend to be volatile. The price of Brent contract oil fell 2.17% compared to last week’s closing position to US$ 73.52/barrel. Meanwhile, West Texas Intermediate (WTI) contract oil … Read more
Jakarta, CNBC Indonesia – Global oil prices have plunged more than 10% which is the biggest daily drop since April last year after the latest variant of Covid-19 raised concerns in the market about the possibility of global travel restrictions that could derail the recovery in oil prices. The new Covid-19 variant, which has been … Read more
Jakarta, CNBC Indonesia – The upward trend in crude oil prices has not stopped this week, when many commodity prices have fallen, including crude palm oil (CPO). Launch data Refinitiv, throughout last week the price of CPO fell 6.5%, even in the last 5 weeks it fell more than 24%. Meanwhile, the price of West … Read more