Dec 21, 2024 4:40 p.m.
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economy

Oil prices edged higher as storm Rafael threatened US supply disruption
06 Nov 2024 Industry experts have warned that the storm could potentially reduce oil output by as much as 4 million barrels, adding to ongoing supply uncertainties. Furthermore, the depreciation of the US dollar against other major currencies made oil more affordable in international markets.
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06 Nov 2024

economy

Dalian Commodity Exchange: 06 November 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 06 November 2024 settled as follows:
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05 Nov 2024

economy

Update: India issues preliminary anti-dumping findings on PVC imports from seven countries

The petitioners argued that the flood of imported PVC, particularly suspension-grade products, threatened local market stability and profitability, necessitating protective tariffs.
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05 Nov 2024

economy

Oil prices surged nearly 3% following OPEC+ production hike delay

OPEC+ stated over the weekend that its 2.2 million bpd production cut, initially postponed from October to bolster prices and address weakening demand, will now extend through December.
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05 Nov 2024

economy

OPEC+ postpones output hike amid unfavorable demand-supply conditions

The planned OPEC+ increase in oil output, originally scheduled for December 1, has been postponed as concerns mount over global market instability, which could exacerbate the anticipated decline in prices after the production hike.
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05 Nov 2024

economy

Dalian Commodity Exchange: 05 November 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 05 November 2024 settled as follows:
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04 Nov 2024

economy

Oil prices edged higher amid escalating Middle East tensions

However, the upward momentum was tempered by disappointing US economic data, which revealed that job growth fell short of expectations last month.
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04 Nov 2024

economy

Official data: China’s manufacturing activities rebounded in October, ending a six-month decline

This uptick in the PMI marks the first official economic indicators for the month, following significant interest rate cuts and targeted measures to support the housing market introduced in late September
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