20 Dec 2024
19 Dec 2024
The EIA’s report highlighted a significant decline in US crude and distillate stocks for the week ending December 13, primarily driven by a notable surge in exports, which increased by 1.8 million barrels to reach their highest level since July.
19 Dec 2024
The US Energy Information Administration (EIA) has reported a continued decline in crude oil inventories for the week ending December 13, 2024. Crude stocks fell by approximately 900,000 barrels compared to the previous week, bringing the total to 421.0 million barrels.
19 Dec 2024
18 Dec 2024
18 Dec 2024
The persistent rate elevation can be attributed to an early surge in pre-Lunar New Year demand, compounded by the ongoing Red Sea disruptions, which have necessitated extensive route diversions. Additionally, adverse weather conditions in China and Japan generate localized congestion at critical container hub infrastructures.
18 Dec 2024
