Loading…
The rupiah opened 7 points stronger at 18,149 per US dollar on 3 November. Brent fell below $105 per barrel for the first time since early October, down nearly 8%, on hopes for US-Iran peace talks.
WTI also dropped about 7% to around $96.50.
Lower crude prices ease fuel and energy cost pressure on feed and livestock producers and reduce import costs in Indonesia. A sustained oil decline would also support the rupiah against the dollar.
antaranews.comM Baqir Idrus AlatasNov 3, 2026After 312 past bearish macro events, Crude Oil (Brent) moved a median -1.7% over 5 sessions (38% higher; middle half -5.4% to +2.3%), and -1.7% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
