Oil prices climbed for a second day on Wednesday, lifted by hopes that U.S. prod...
TOKYO - Oil prices climbed for a second day on Wednesday, lifted by hopes that U.S. producers will cut output, but gains were limited compared with Monday’s crash after Saudi Arabia and Russia triggered a price war.
“Expectations that U.S. shale oil producers will need to trim output helped improve the market sentiment,” said Satoru Yoshida, a commodity analyst with Rakuten Securities. But growing scepticism about Washington’s stimulus package to fight the coronavirus outbreak knocked the steam out of an earlier rally in Asian shares on Wednesday. [MKTS/GLOB]
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Oil prices plunge, hit by erupting Saudi-Russia oil price warOil prices plummet after Saudi Arabia slashes its official selling prices and sets plans for a dramatic increase in crude production next month. More here:
Baca lebih lajut »
Oil market is facing a 'triple whammy' of pressures, oil expert Dan Yergin says'You have oil, you have geopolitics, and you have the virus,' oil expert Dan Yergin told CNBC.
Baca lebih lajut »
Oil prices crash as the Saudi-Russia alliance collapsesThe two unlikely partners are now engaged in a price war
Baca lebih lajut »
Analyst View: Oil price plunge, coronavirus fears unleash market chaosFinancial markets have been thrown into turmoil following Saudi Arabia's re...
Baca lebih lajut »
14 Best Oil Diffusers to Help You Relax, FinallySit back and smell the diffusers.
Baca lebih lajut »
European markets set to plunge on oil price crash and coronavirus spreadEuropean markets are expected to open sharply lower at the start of trade Monday as global investors fear the spread of the coronavirus.
Baca lebih lajut »