Katadata.co.id - World crude oil prices weakened in trading on Thursday (17/10) triggered by oil inventory data United States (U.S.).
Whereas before, the price rose as the commitment of the restriction of supply in December from the OPEC nation and its allies.
Citing Reuters, the price of crude oil futures Brent fell 47 cents, to US$ 58,99 per barrel.
According to the weekly report of the American Petroleum Institute, U.S. crude inventories up 11 November rose to 432,5 million barrels.
As for the stock data the U.S. government will be released this Thursday.
(Read: OPEC's Promise to Stabilize the Market, Oil Prices the World's most hoist Up Nearly 2%)
Minyak - World oil prices rose in late trading on Monday (7/10) or Sunday morning (8/10) Western Indonesia time.
The rising price of oil is influenced fears of disruption of oil supply with rising tensions in the Middle East and the unstable political conditions in one of the oil producers, Ecuador.
Citing Reuters, the price of crude oil futures become a benchmark in the United States (U.S.), West Texas Intermediate (WTI) for November delivery rose 0.61% to US$ 53,07 U.S. dollars per barrel on the New York Mercantile Exchange.
Meanwhile, the price of Brent crude oil for December delivery rose 0.51% to close at US$ 58,65 dollars per barrel on London's ICE Futures Exchange.
(Read: U.S. Labor Data is Positive, the World Oil Price Down Again)
Protests also hit the oil production because the oil company in Ecuador Petroamazonas had to stop production in three oil field his ‘taken over’ by ‘individuals who are not affiliated with the company's operations’, as described the Ministry of Energy of Ecuador.
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