crude oil price

WTI oil traders rebound as prices surpass $70.00.

Witriyani Fri, 08 Dec 2023

U.S. benchmark crude oil, or WTI, traded around $70.85 last Friday. WTI prices rose after hitting a six-month low due to requests from Russia and Saudi Arabia to the Organization of the Petroleum Expo

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Crude Oil Prices Stable at $80 Per Barrel

Haryanto Tue, 22 Aug 2023

Jakarta, GIC Trade – WTI crude oil futures are stable around $80 per barrel in Tuesday's trading after a decline in the previous session, as traders continue to assess various demand and su

WTI Stagnant Around $71.00 on Concerns Over Oil Supply

Witriyani Tue, 20 Jun 2023

WTI oil prices retreated to intraday lows around $71.00 as negative sentiment contributed to weak demand in Europe on Tuesday morning. Hence, oil prices were also less affected by the possible supply

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World Oil Prices Drop Today Ahead of US Inflation Data

Witriyani Tue, 09 May 2023

At the start of trading, world oil fell today after experiencing a strong increase during the previous two sessions. This happened because the market was still cautious and waiting for the US inflatio

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China's Crude Oil Imports Dropped 1.3%, What's the Reason?

Haryanto Fri, 10 Mar 2023

Global crude oil prices experienced corrections in the previous two sessions due to disappointing Chinese economic data. However, today, global crude oil prices strengthened again after hawkish commen

China Opens Borders, Oil Prices Rebound

Administrator Tue, 10 Jan 2023

Jakarta, GIC Trade – Crude oil prices rose 1 percent in trading on Monday, after China, one of the world's biggest consumers, opened its borders over the weekend for the first time in three