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economy

Oil fell more than 2% amid disappointing Chinese stimulus; hurricane fears subsided
11 Nov 2024 At the same time, oil investors were disappointed by China’s latest fiscal intervention, which aimed primarily at alleviating local government debt rather than boosting immediate consumption
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11 Nov 2024

economy

Media: Malaysia’s Lotte Chemical Titan reported the tenth consecutive quarter of losses amid industry headwinds

The heightened losses have been attributed to several key issues: significant inventory write-downs, increased associate losses from Lotte Chemical USA Corp due to a maintenance shutdown, and deepening foreign exchange losses.
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11 Nov 2024

economy

Dalian Commodity Exchange: 11 November 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 11 November 2024 settled as follows:
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08 Nov 2024

economy

Dalian Commodity Exchange: 08 November 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 08 November 2024 settled as follows:
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07 Nov 2024

economy

Oil prices edged lower on stronger US dollar, rise in US commercial stocks

A stronger dollar typically renders dollar-denominated commodities like oil more expensive for holders of other currencies, dampening global demand and exerting downward pressure on prices.
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07 Nov 2024

economy

Freightos: Weekly Ocean Freight Index Update

Early market indicators suggest a potential rise in freight demand as US importers accelerate shipments ahead of any prospective tariff increases. Although no immediate policy changes have been enacted, the mere anticipation of tariffs
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07 Nov 2024

economy

EIA: US crude oil inventories surged by 2.1million barrels amid rising imports

Although crude imports rose by a modest 265,000 barrels per day (bpd) during the week, exports plunged by over 1.4 million bpd, leading to a significant net import spike of nearly 1.7 million bpd compared to the previous week.
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07 Nov 2024

economy

Dalian Commodity Exchange: 07 November 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 07 November 2024 settled as follows:
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