The Western Texas Intermediate (WTI) oil price experiences a consecutive decline on the second day, trading lower around $85.10 per barrel during the
Crude oil prices continue the losses after news on the US-Venezuela Oil deal. US could sign a pact with the Venezuelan government involving easing sanctions on its oil industry. Traders appear to be adopting a wait-and-see approach; seeking more cues related to the Middle East conflict. Asian session on Tuesday.
These developments are perceived as a potential tailwind for Crude Oil prices, as concerns over potential supply disruptions contribute to market uncertainties. Recent developments involve the United States adopting a more stringent stance against Russia by imposing sanctions on two shipping companies. Given Russia's significant role in global crude oil exports, increased scrutiny from the US on its shipments has the potential to impact the global oil supply.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
WTI pulls back amid possible US-Venezuela Oil deal amid Middle East tensionsWest Texas Intermediate (WTI), the US Crude Oil benchmark, retreats after testing the 20-day Exponential Moving Average (EMA) on news the US and Venez
Baca lebih lajut »
Micron Stock Can Rise 22% as Chip Prices Surge, Says AnalystCiti Research analyst Christopher Danely sees shares of memory-chip maker Micron reaching $85.
Baca lebih lajut »
USD/CAD Slides as Oil Surprisingly Follows Suit on Potential US-Venezuela Oil DealUSDCAD slides with Oil following suit on news of US-Venezuela deal. Will Canadian inflation rise once more adding further pressure on the Bank of Canada (BoC)?
Baca lebih lajut »
Venezuela is set for a ‘long journey’ to boost oil output if U.S. eases sanctionsDeal to end sanctions would require Venezuela to conduct a competitive, internationally monitored presidential election next year
Baca lebih lajut »
Oil prices extend losses amid M.East uncertainty, Venezuela deal talkOil prices extend losses amid M.East uncertainty, Venezuela deal talk
Baca lebih lajut »
Oil steadies on hopes of Venezuela sanctions being easedOil steadies on hopes of Venezuela sanctions being eased
Baca lebih lajut »