Oil drops to a year low!

Jakarta, CNBC Indonesia – World crude oil prices are getting lower, approaching the $70 a barrel level. This level is the lowest in nearly a year. The cause is concern that the global economic slowdown will reduce fuel demand. Despite the closure of the Canadian-US crude oil pipeline. During trading on Thursday (8/12/2022) the price … Read more

Down nearly 3 percent, world oil prices hit lows for all of 2022

NEW YORK, KOMPAS.com – World oil prices recorded a drop in trading on Wednesday (7/12/2022) local time or Thursday morning (8/12/2022) Indonesian/WIB time. Price movement raw oil the world was dulled by rising US fuel inventories and rising Chinese oil imports in November. To collect CNBCBrent crude prices fell 2.8% to $77.17 a barrel and … Read more

G7 expands influence over Russia by capping oil prices = US Government Official | Reuters

A senior US Treasury official said on Dec. 6 that Russia’s oil price cap at $60 a barrel had increased Western influence over Russia. The photo shows a crude oil tanker anchored near Nakhodka. (Reuters/Tatiana Meel) [ワシントン 6日 ロイター] – A senior US Treasury official said on Thursday that capping Russian oil prices at $60 … Read more

US Markets: Stocks Weak, Yen Gains 2%, Awaiting Jobs Report on the 2nd – Bloomberg

On the 1st, the US stock market remained choppy around a cornerstone of technical analysis. The Federal Open Market Committee’s (FOMC) next move is pending US jobs data released on 2. buffer stock closing price Compared to the previous working day Exchange rate S&P 500 stock index 4076.57 -3.54 -0.1% Dow Jones Industrial Average 34395.01 … Read more

Recession is a true friend! Crude Oil Prices Fall 10%

Jakarta, CNBC Indonesia – World crude oil prices fell sharply this week, approaching again the 8-month low reached last September. The world, which is threatened with a recession next year, is the main depressor of crude oil prices. When a recession occurs, the demand for crude oil will naturally decrease and oil prices will also … Read more

Oil Tanker Attack Off Oman Coast, US Military Announces Iranian Drone Attack | Reuters

Israeli shipping company Eastern Pacific Shipping said on the 16th that a tanker was attacked off the coast of Oman on the 15th. Pictured is the tanker Pacific Zircon. Taken near the Isle of Wight, England. Unknown date taken in 2022. REUTERS/David Potter/Photo courtesy. DUBAI (Reuters) – Israeli shipping company Eastern Pacific Shipping said on … Read more

Mysterious “whale” embarrasses gold markets, research report suggests purchases by large central banks – Bloomberg

A normally dry research report rocked the gold market this week. He signaled a large-scale purchase by the central bank. The central bank of the country or region has not yet been identified. The central bank bought 399 tons of gold in the third quarter, according to the World Gold Council (WGC). This is almost … Read more

Norway Raises Military Alert Level for Russian Invasion of Ukraine | Reuters

On the 31st, Norwegian Prime Minister Storre announced that the alert level of the Norwegian army will be increased from 1 November in order to strengthen security after the Russian invasion of Ukraine. (2022 REUTERS / Saul Loeb) OSLO (Reuters) – Norwegian Prime Minister Storre said Thursday that the country will increase its level of … Read more