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Morning Briefing: Various Things to Know on Tuesday

JAKARTA (TheInsiderStories) - Good Morning! Global crude prices fell more than 4 percent, reversing last week rally, as traders frowned upon the decision by OPEC+ to...

OPEC+ Revises Down Global Oil Demand on Extended Lockdown

JAKARTA (TheInsiderStories) - Organization of Petroleum Exporting Countries and allies (OPEC+) trimmed its forecast on global oil demand to average 96.05 million barrel per day (bpd),...

OPEC+ Agrees to Raises Oil Supply Starting January 2021

JAKARTA (TheInsiderStories) - The 13 members Organization of Petroleum Exporting Countries (OPEC) and 10 allies agreed to adjust production by 500,000 barrels per day (bpd)...

Morning Briefing: Various Things to Know on Wednesday

JAKARTA (TheInsiderStories) - Local media reported that the Corruption Eradication Commission arrested the minister of maritime and fisheries minister, Edhy Prabowo, on Wednesday morning, due to...

Morning Briefing: Hartarto Rated Indonesian Rupiah to Strong

JAKARTA (TheInsiderStories) - Good Morning! Senior economic minister, Airlangga Hartanto rated Indonesia Rupiah is being too strong and could harm the domestic economy. While, concerns began...

Oil Prices Rebound After Saudi Arabia Cut the Production

JAKARTA (TheInsiderStories) - After depressed by fears of over oversupply and the devastating effects of the COVID-19 pandemic, the oil prices rebounded on Monday (05/11)....

Indonesia Hold Fuel Price, Sees the Oil Prices Rebound at the...

JAKARTA (TheInsiderStories) - The ministry of energy and mineral resources (MEMR) decided to kept Indonesia' fuel prices even the global oil prices has dropped below US$20...

Morning Briefing: Leaders of G20 Meet, US’s Stimulus Package Approves

JAKARTA (TheInsiderStories) - Good Morning! Leaders of Group 20 (G20) scheduled to have a virtual meeting tonight addressing the spread of COVID-19 in the world....

Morning Briefing: Major Central Banks Cuts the Rate

JAKARTA (TheInsiderStories) - Good Morning! United States (US) Federal Open Market Committee (FOMC) decided cut its Fed Fund Rates by half percentage to 1.00...

Global Oil Prices Falls 23 Percent During 2020

JAKARTA (TheInsiderStories) - Global oil prices have fallen in line with growing concern over the transmission of the coronavirus and its impact on the economy....

IHS Markit Sees Steady Growth If US, Iran Conflict Contained

JAKARTA (TheInsiderStories) - IHS Markit sees the United States (US) and Iran conflict has been limited, suggesting the impact on global economic growth will...

Oil Prices Rise on Hopes for Extra Cuts by OPEC

JAKARTA (TheInsiderStories) - Oil prices have edged up on expectations that the Organization of the Petroleum Exporting Countries (OPEC) and its allies that include...
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