Oil Price Breaks US$ 116/Barrel, Highest Since 2008 Crisis

Jakarta – The world price of US crude oil touched the highest price after almost 14 years, or since the 2008 financial crisis. This could happen because of concerns about oil supply due to the impact of the Russia-Ukraine war. Quoted from CNN, Friday (4/3/2022). The highest level of world oil prices broke US$ 116.57 … Read more

These are the factors that cause oil prices to rise

loading… Factors causing world oil prices continue to increase. FOTO/iStock Photo JAKARTA – Oil prices experienced an increase again felt by the people of Indonesia. There’s nothing you can do but hope for a price drop. Quoted from media.research, petroleum is a non-renewable natural resource. Meanwhile, in meeting their daily needs, people’s demand for oil … Read more

The Impact of the Russo-Ukrainian War is Increasingly Real for Indonesia, Here’s the Evidence!

Jakarta, CNBC Indonesia – The war between Russia and Ukraine has also had an impact on Indonesia. One of them is the question of world crude oil prices, in this case Brent, which soared and had touched the highest level of up to US$ 105 per barrel. The increase in world crude oil prices has … Read more

World Oil Prices Soaring Effects of Russia’s Invasion of Ukraine, Asian Stocks Slap All

SINGAPOREKOMPAS.com – Oil futures rose more than 4 percent, prompting the movement of stocks in Asia-Pacific to be more volatile, Monday (28/2/2022). Reported from CNBCWest Texas Intermediate crude futures rose 5.2 percent to $96.35 a barrel in trading Asian stock. Also read: The Impact of the Russo-Ukrainian Conflict in Indonesia, Fuel Prices Can Rise, Also … Read more