Illustration. (AFP/APU GOMES) Govt DIRECTOR of the Heart of Reform on Economics (CORE), Mohammad Faisal, said that he had not seen the influence of the loss of life of Iranian President Ebrahim Raisi on world oil costs. “As a result of it’s completely different from the case the place Iran is concerned in a warfare. … Read more
Former Iranian President Ebrahim Raisi(AFP) PRESIDENT Joko Widodo (Jokowi) hopes that the loss of life of Iranian President Ebrahim Raisi won’t have an effect on the worldwide state of affairs. Particularly hovering oil costs. “We hope it won’t have an effect on the worldwide economic system, particularly these associated to grease costs,” mentioned Jokowi in … Read more
The atmosphere of a gas station in Central Java. (MI/Supardji Rasban) Main DIRECTOR of PT Pertamina Patra Niaga Riva Siahaan emphasized that his party maintains fuel oil (BBM) prices remain stable amidst the strengthening world crude oil prices following Iran’s attack on Israel. These tensions pushed the price of Brent crude oil futures to trade … Read more
Illustration – World oil prices fell as traders bet on de-escalation in the Middle East despite Iran’s attack on Israel.(AFP) World oil prices fell Monday, as traders bet on a de-escalation in the Middle East, despite attacks on Israel by key oil producer Iran. Brent fell 0.4% while WTI prices lost 0.3%, while global stock … Read more
A drop in oil prices has been recorded in the world market on the prospect of a cease-fire in Gaza. According to US government data, crude oil and fuel stockpiles rose more than expected due to weaker demand and lower oil exports. U.S. crude oil inventories rose by 5.8 million barrels in the week ended … Read more
2023-12-20 13:13:52 According to foreign media reports on Wednesday (20th), as the United States considers how to respond to the latest threat to the global economy, more than 100 container ships are sailing long-distance routes around Africa to avoid violent conflicts in the Red Sea, but the move has caused additional transportation Cost and delivery … Read more
2023-12-19 22:07:00 West Texas Crude Oil Contract (WTI) for delivery in January. which was traded on the Nymex exchange, added 97 cents, or 1.34%, to close at $73.44/barrel. As for the Brent crude oil contract February delivery rose 1.28 dollars or 1.64% to close at 79.23 dollars/barrel. WTI oil prices were supported by expectations that … Read more
2023-12-10 17:32:37 COP28: Oil producer group OPEC held an event on the sidelines of COP28 negotiations in Dubai on Sunday, aimed at convincing young people to support fossil fuels, the future of which has caused deep divisions among delegates at the summit on climate. Dubbed “Special Day – OPEC and Youth,” the event included a … Read more