Tag: oil prices
Indonesia Stocks Higher at Close of Trade; IDX Composite Index Up 0.39%
Jennifer -
Indonesia's stock market closed higher on Friday, with gains in the Financials, Infrastructure, and Agriculture sectors driving the overall rise in the IDX Composite...
Brent Oil Price Forecast Update – December 19, 2024
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Brent oil prices have remained relatively stable since the morning, with no significant movement observed. As a result, the bearish trend scenario remains intact...
Crude Oil Price Under Negative Pressure – Forecast for Today (18-12-2024)
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Crude oil prices have continued to experience downward pressure, with the price approaching the $69.00 barrier. The market is now eyeing further declines, potentially...
Crude Oil Price Forecast – December 16, 2024
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Crude oil prices are displaying a slight bearish bias, approaching the key support level at $70.58. For the bullish trend to remain valid, the...
Brent Oil Price Forecast – December 16, 2024
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Brent crude oil prices are currently showing some bearish sentiment, but the market is awaiting positive momentum that could help resume the expected bullish...
European Stock Markets Edge Higher Ahead of ECB Decision
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European stock markets showed slight gains on Thursday, as investors awaited the European Central Bank's (ECB) final monetary policy decision for 2024. At 03:20...
Brent Oil Prices Reach Target – Forecast for 12-12-2024
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Brent oil prices surged higher yesterday, successfully reaching the anticipated target of $73.90. The price is now testing the potential to break through this...
Crude Oil Prices Hit Target – Forecast for 12-12-2024
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Crude oil prices successfully reached the anticipated target of $70.58 and are currently consolidating near this level. The outlook remains bullish, with expectations for...
Crude Oil Price Faces Bearish Pressure After Testing Key Resistance: Forecast for December 10, 2024
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Crude oil prices tested the key resistance level at $68.64, but failed to break through, resulting in a bearish bounce. This supports expectations for...
Brent Oil Price Posts Intraday Gains, Faces Potential Bearish Pressure: Forecast for December 10, 2024
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Brent oil prices continued their upward movement yesterday, surpassing the $72.06 level and reaching the $73.00 barrier. However, the 50-period Exponential Moving Average (EMA50)...
Indonesia Stocks Close Lower Amid Sector Weakness; IDX Composite Falls 0.38%
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Indonesia's equity markets ended Thursday in negative territory, with the IDX Composite Index declining by 0.38%. Losses in key sectors such as Financials, Agriculture,...
Brent Oil Price Forecast – November 7, 2024
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Brent oil prices are showing a bearish bias as they test the $75.36 level, which is a critical point for the continuation of the...