WTI Oil Gains a Third Day as U.S. Crude Stockpiles Seen Falling
Selasa, 03 Desember 2013
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komentar
PT. Jalatama memberikan berita, West
Texas Intermediate rose for a third day before a report tomorrow that’s
forecast to show crude stockpiles dropped for the first time in almost three
months in the U.S., the world’s biggest oil consumer.
Futures
advanced as much as 0.4 percent in New York. U.S. crude inventories shrank by
700,000 barrels during the seven days ended Nov. 29, the first decline in 11
weeks, according to a Bloomberg News survey before data from the Energy
Information Administration. The global oil market is balanced, Saudi Arabian
Oil Minister Ali al-Naimi said before the Organization of Petroleum Exporting
Countries meets tomorrow to discuss its production quota, which is forecast to
remain unchanged.
WTI
for January delivery gained as much as 38 cents to $94.20 a barrel in
electronic trading on the New York Mercantile Exchange, and was at $94.15 at
11:30 a.m. Sydney time. The contract rose $1.10, or 1.2 percent, to $93.82
yesterday, the highest close since Nov. 25. The volume of all futures traded
was about 53 percent below the 100-day average. Prices are up 2.5 percent this
year.
Brent
for January settlement increased $1.76, or 1.6 percent, to $111.45 a barrel on
the London-based ICE Futures Europe exchange yesterday. The European benchmark
crude ended the session at a premium of $17.63 to WTI futures.
Demand
for crude from OPEC will remain near current levels in 2014, so ministers
meeting in Vienna tomorrow will probably stick with a 30 million-barrel-a-day
ceiling, said three delegates who spoke on condition of anonymity because
discussions are private. Saudi Arabia pumps almost a third of the oil produced
by the 12 member nations. The group will reaffirm its current limit, according
to 22 of 24 analysts and traders surveyed by Bloomberg News.
(Source: Bloomberg)
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Judul: WTI Oil Gains a Third Day as U.S. Crude Stockpiles Seen Falling
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Prices are up 2.5 percent this year.
Brent for January settlement increased $1.76, or 1.6 percent, to $111.45 a barrel on the London-based ICE Futures Europe exchange yesterday. The European benchmark crude ended the session at a premium of $17.63 to WTI futures.
Demand for crude from OPEC will remain near current levels in 2014, so ministers meeting in Vienna tomorrow will probably stick with a 30 million-barrel-a-day ceiling, said three delegates who spoke on condition of anonymity because discussions are private. Saudi Arabia pumps almost a third of the oil produced by the 12 member nations. The group will reaffirm its current limit, according to 22 of 24 analysts and traders surveyed by Bloomberg News.
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Brent for January settlement increased $1.76, or 1.6 percent, to $111.45 a barrel on the London-based ICE Futures Europe exchange yesterday. The European benchmark crude ended the session at a premium of $17.63 to WTI futures.
Demand for crude from OPEC will remain near current levels in 2014, so ministers meeting in Vienna tomorrow will probably stick with a 30 million-barrel-a-day ceiling, said three delegates who spoke on condition of anonymity because discussions are private. Saudi Arabia pumps almost a third of the oil produced by the 12 member nations. The group will reaffirm its current limit, according to 22 of 24 analysts and traders surveyed by Bloomberg News.
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This shows that the volume of all futures traded was about 53 percent below the 100 days average. But don't worry you have the Indonesian spirit.
Sukses buat PT. Jalatama, beritanya sangat bermanfaat buat kita semua. Semoga ke depan-nya Jalatama dapat lebih up to date lagi dalam memberikan berita terkini tentang pasar dunia saat ini dan perkembangannya. Tidak hanya berita mengenai minyak saja tetapi mengenai emas dan berita ekonomi lainnya yang terbaru.
Very good, Hopefully in the future can Jalatama more up to date and is growing #SimonHalomoan
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