Get able, global oil costs are predicted to fall 20% in two years

Get able, global oil costs are predicted to fall 20% in two years

loading… Goldman Sachs predicts that global oil costs will revel in intense power in the following couple of years. Picture/Document JAKARTA – Goldman Sachs expect global oil costs In the following couple of years, it’ll revel in nice power. Commodity analysts from Goldman Sachs defined the cost crude oil Brent may fall as little as … Read more

What Impact Will Dedollarization Have on International Oil Costs?

What Impact Will Dedollarization Have on International Oil Costs?

loading… Some indicators of dedollarization are obvious within the commodities area, the place power transactions are carried out the usage of non-USD currencies or US greenbacks. Photograph/Document JAKARTA – Some indicators dedollarization That is obviously noticed within the commodities area, the place power transactions are performed the usage of non-USD currencies. For instance, Russian oil … Read more

Results of Missile Rain within the Center East, Oil Costs Leap Greater than 2%

Results of Missile Rain within the Center East, Oil Costs Leap Greater than 2%

loading… Oil costs jumped greater than 2% because of considerations about escalating warfare within the Center East. PHOTO/Representation LONDON – Oil costs jumped greater than 2% on Wednesday (2/10/2024) as tensions within the Center East higher which had the prospective to disrupt crude oil manufacturing from the area. Considerations higher after Iranian missiles rained down … Read more

US Forces Ceasefire in Gaza, World Oil Prices Plunge

US Forces Ceasefire in Gaza, World Oil Prices Plunge

loading… Oil prices fell to near their lowest levels this year on Tuesday (8/20). PHOTO/iStock JAKARTA – Oil prices fell to near their lowest level this year on Tuesday (20/8) following increasing hopes for a ceasefire in the Israel-Hamas war. Brent crude oil prices fell slightly by 1.03% to $76.80 a barrel this morning, down … Read more

Don’t Underestimate the Increase in Oil Prices

Don’t Underestimate the Increase in Oil Prices

loading… President Joko Widodo (Jokowi) during his speech at the Inauguration Towards Ansor of the Future, in Senayan, Jakarta, Monday (27/5/2024). Photo/Giffar Rivana/SINDOnews JAKARTA – President Joko Widodo (Jokowi) reminded us not to underestimate the increase in world oil prices due to the war between Palestine and Israel which involved Iran in the war. “The … Read more

Global Oil Costs Nonetheless Combat within the Lowest Degree Vary

Global Oil Costs Nonetheless Combat within the Lowest Degree Vary

loading… Global crude oil costs had been seen to be solid as buyers awaited the newest remark from the USA Federal Reserve on rates of interest. Different sentiment got here from indicators of strengthening gasoline call for in the USA. Photograph/Document SINGAPORE – Crude oil worth international business, Friday (24/5/2024) used to be seen to … Read more

World Oil Prices Approach Lowest Level, Brent Falls to USD83 per Barrel

World Oil Prices Approach Lowest Level, Brent Falls to USD83 per Barrel

loading… World crude oil prices fell to near their lowest level since mid-March 2024, when the United States (US) oil stock report was somewhat bearish. Photo/Doc JAKARTA – Crude oil price The world fell close to its lowest level since mid-March 2024, when the United States (US) oil stock report was somewhat bearish. Meanwhile, sentiment … Read more

Iran-Israel Tensions Boil, Shadow of War Rocks Global Economy

Iran-Israel Tensions Boil, Shadow of War Rocks Global Economy

loading… It is feared that the increasingly heated conflict between Iran and Israel will shake up the world economy. PHOTO/FT.com/James Ferguson JAKARTA – Tensions between Iran and Israel which is getting more and more boiling will probably involve the United States (US) getting closer. Israel under Prime Minister (PM) Benjamin Netanyahu has long wanted to … Read more

Get ready, fuel prices could increase after June 2024

Get ready, fuel prices could increase after June 2024

loading… The government is opening up the opportunity to increase fuel prices amidst the heating up of the Middle East conflict. FOTO/doc.SINDOnews JAKARTA – Minister of Energy and Mineral Resources (ESDM) Arifin Tasrif opened the opportunity for an increase in fuel prices ( BBM ) in the midst of the war between Iran and Israel. … Read more

Currency Shocks to Oil Prices

Currency Shocks to Oil Prices

loading… The widespread escalation of geopolitical conflicts in the Middle East region is considered to have an impact on the world economic recovery process, including Indonesia. So what will the effect be for Indonesia, economists reveal. Photo/Doc JAKARTA – The widespread escalation of geopolitical conflicts in the Middle East region is considered to have an … Read more