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OPEC+ Agrees to Cut Output 9.7MBPD to Support Oil Prices

JAKARTA (TheInsiderStories) - Organization Petroleum Exporting Countries and its allies (OPEC+) agreed to cut oil output by 9.7 million barrels oil per day, representing around 10...

Oil Market Plunges, Need Joint Action to Rise the Price

JAKARTA (TheInsiderStories) - The global oil prices fell almost 8 percent on Thursday (03/26) amid the price war between Saudi Arabia and Russia. Yesterday, price of West...

OPEC Proposes 1.5M barrels Cut, Oil Prices still Weaken

JAKARTA (TheInsiderStories) - The heads of Organization of the Petroleum Exporting Countries (OPEC) recommended an extending the duration of the proposed 1.5 million barrels per...

OPEC+ Meets to Evaluate the Oil Prices on Thursday

JAKARTA (TheInsiderStories) - Organization of the Petroleum Exporting Countries (OPEC) and its allies is to meet in Vienna, Austria on March 5 - 6, to decide...

OPEC Considers to Moves March’s Meeting to February

JAKARTA (TheInsiderStories) - Organization of the Petroleum Exporting Countries (OPEC) members are considering holding an emergency meeting in February after oil prices slumped on concern the...

Morning Briefing: Trump Threatens Iran After Strike US Bases in Iraq

JAKARTA (TheInsiderStories) - President Donald Trump again threatened Iran following strikes on two United States (US) bases in Iraq. Tehran’ Islamic Revolutionary Guard Corps said...

Morning Briefing: US – China Seated One Table

JAKARTA (TheInsiderStories) - Good Morning! United States (US) treasury secretary Steven Mnuchin and trade representative Robert Lighthizer seated one table again with Chinese vice premier...

Morning Briefing: BI Releases RSI Data, Govt Establish Environmental Fund

JAKARTA (TheInsiderStories) - Good Morning! Today, Indonesian central bank (BI) will announces the Retail Survey Index (RSI) in August after last month stood at 2.4...

Morning Briefing: After the Fed Cut Rates, Market Wait BI’s Move

JAKARTA (TheInsiderStories) - Good Morning! Bank Indonesia (BI) to announce its monetary stance today after two-days meeting. Last month, the central bank cut BI-7DRR rate 25...

Morning Briefing: China Approaches Philippines, Malaysia on South China Sea

JAKARTA (TheInsiderStories) - Good Morning! Chinese President Xi Jinping offered controlling stake in joint oil and gas exploration venture to Philippines President Rodrigo Duterte. In exchange,...

Weekly Briefing: Trump’s Move, Fed, ECB, Brexit Remains in the Spotlight

JAKARTA (TheInsiderStories) - Good Morning! This week, United States (US) - China trade war remains firmly in focus as new talks scheduled. In the coming...

Morning Briefing: India Gives Credit US$1B for Russia

JAKARTA (TheInsiderStories) - Good Morning! India Prime Minister Narendra Modi announced a US$1 billion credit line for the development of Far East region of Russia after...

Morning Briefing: Trump Threatens China Again

JAKARTA (TheInsiderStories) - Good morning! United States (US) President Donald Trump again will impose 10 percent tariffs for US$300 Chinese goods on September. The announcement immediately shook...

Morning Briefing: ECB Hints Cut Rate in September

JAKARTA (TheInsiderStories) – Good morning! President of European Central Banks (ECB) Mario Draghi has hinted that the central bank will cut rates in September. The...

OPEC+ Meeting Its Expecting Give “Fresh Air” to Commodity Market

JAKARTA (TheInsiderStories) - The meeting of the Organization of Petroleum Exporting Countries, Russia and other countries (OPEC+) will held today in Vienna, Swiss. The meeting its...

Trump Invites Kim to US Follows the DMZ’s Meeting

JAKARTA (TheInsideStories) – President of United State (US) Donald Trump invited North Korean Leader Kim Jong-Un to the his country, after becoming the first...

Morning Briefing: Indonesia Expects Tax Revenue Grow 12% in 2020

JAKARTA (TheInsiderStories) - Indonesian Ministry of Finance hope the tax revenues could grow around 12 percent in 2020. This projection takes into account a number of factors that...

US Tries to Repairing Relationship with North Korea

JAKARTA (TheInsiderStories) - United States (US) President Donald Trump sent a signal to repair the relationship with North Korea after received as he called "a...

Global Oil Prices Fall Amid Low Demand

JAKARTA (TheInsiderStories) - Global oil prices fell almost 1 percent amid the low demand. This morning, West Texas Intermediate prices for July 2019 shipments on the...

Russia Summit: Putin Pledges to Normalize US, North Korea Relationship

JAKARTA (TheInsiderStories) - North Korean Leader Kim Jong-un has asked Russian President Vladimir Putin to served as an intermediary with the United States (US)...

INSIGHT: US in the China-Russia Triangle Relation Vortex

JAKARTA (TheInsiderStories) – North Korea can get closer to China and Russia to reduce international sanctions after failing to reach an agreement with the...

Indonesia’s Mayora Export Instant Coffee US$40M to Russia

JAKARTA (TheInsiderStories) – Indonesia food producer, PT Mayora Indah Tbk (IDX: MYOR) targets to export instant coffee to Russia with worth of US$40 million in 2019....

Insight: US Encourages World Instability After Withdraws INF Treaty

JAKARTA (TheInsiderStories) – The world was shocked by the plan of the United States (US) to withdraw its country from the Intermediate-range Nuclear Forces...

Nort Korean Leader Asks for Second Meeting with Trump

JAKARTA (TheInsiderStories) - Four global leaders meeting this September will give major influences to the global market amid the high tense in Korean Peninsula. North...

Economic Briefing: Investors Eyes on Trump and Putin meeting

JAKARTA (TheInsiderStories) - Good Morning. Investors eyes now focused on the meeting of Unite States's (U.S) President Donald Trump and Russian President Vladimir Putin following Putin's...