Friday, April 17, 2026

HARGA MINYAK DUNIA JATUH GILA / WORLD OIL PRICES CRASHING

 

The oil prices are crashing.
WTI hit US$82.95 per barrel today. 
Down almost US$12 per barrel. 
Or down 12.40% from the day before.
June oil futures are trading even lower at US$81.38 per barrel.

The Dow Jones is going up, up and away. 
The Dow hit 49,546 today Friday April 17, 2026.
Compared to 48,463 yesterday Thursday.
That is a 993 point jump in the Dow in one day !!

There is going to be a resolution in the Middle East.



CL = Crude oil (specifically West Texas Intermediate crude oil futures)
M = Contract month code for June
6 = The year ending in 6 (context determines the decade, e.g., 2016, 2026, etc.)