Oil ticked up as the US is close to reaching a debt ceiling agreement

29 May 2023 A deal to lift the US government’s $31.4 trillion debt ceiling may likely be finalized on Friday, but markets are wary of a possible delay that could hinder proceedings.

29 May 2023

Dalian Commodity Exchange: 29 May 2023

The 2309 for September 2023 delivery contract on Dalian Commodity Exchange on 29 May 2023 settled as follows:

26 May 2023

Dalian Commodity Exchange: 26 May 2023 (Night trading)

The 2309 for September 2023 delivery contract on Dalian Commodity Exchange on 26 May 2023 settled as follows:

26 May 2023

Dalian Commodity Exchange: 26 May 2023

The 2309 for September 2023 delivery contract on Dalian Commodity Exchange on 26 May 2023 settled as follows:

25 May 2023

Oil climbed 2% on tighter supply outlook

US crude inventories witnessed a large weekly drawdown of 12.5 million barrels against analysts’ expectations of 800,000 barrels climb in the week ending 19 May.

25 May 2023

EIA: US commercial crude inventories fell more than expected

The Energy Information Administration (EIA) released the latest report that showed the US commercial crude inventories dropping 12.5 million barrels in the week ending 19 May 2023 compared to analysts’ expectations of 800,000 barrels buildup.