by : Delinda Listawaty Bethriani (1801453700))
The oil price fell again in the trade of international commodity markets, on Thursday (19/3). In New York Mercantile Exchange for April delivery, the price of West Texas Intermediate (WTI) crude oil dropped to US$ 42,38 per barrel or touched the lowest level since 2009. While in the market of Nymex, the price of black gold dropped to US$ 44,35, lower US$ 84 cents than the previous position, U$ 44.52 per barrel.
Based on the weekly report by the US Energy Information Institution, the US's reserved crude oil last weekend (13/3) rose up to 9,6 million barrels, or increased 161 percent from the previous expectation around 3,8 million barrels. This report also shows that the stored oil decreased 4,5 million barrels, higher than the slope expectation at number 0,9 million barrels.
" Many analysts commented that the oil price would remain low at level US$ 40 per barrel, while i predicted that the price could reach US$ 30 if there is any significant policies. " said The head of Price Information Service analysis, Tom Kloza as quoted from CNN Money..
The Reasons of the Oil Price Dropped
The falling of oil price is not separated from the abundance of oil supply in the international market and The United States.The abundance of supply is also because the plan to give a sanction to Iran due to the use of nuclear. With that prohibition, president Hassan Rouhani would make the crude oil as one of Iran's biggest incomes.
References : Duta, Diemas Kresna, Harga Minyak Kembali Anjlok ke Level Terendah Sejak 2009, 2015 ; CNN Indonesia.com
" Many analysts commented that the oil price would remain low at level US$ 40 per barrel, while i predicted that the price could reach US$ 30 if there is any significant policies. " said The head of Price Information Service analysis, Tom Kloza as quoted from CNN Money..
The Reasons of the Oil Price Dropped
The falling of oil price is not separated from the abundance of oil supply in the international market and The United States.The abundance of supply is also because the plan to give a sanction to Iran due to the use of nuclear. With that prohibition, president Hassan Rouhani would make the crude oil as one of Iran's biggest incomes.
References : Duta, Diemas Kresna, Harga Minyak Kembali Anjlok ke Level Terendah Sejak 2009, 2015 ; CNN Indonesia.com
No comments:
Post a Comment