08 Sep 2023
Adding to the downward pressure is the strengthening US dollar and rising outputs from Iran and Venezuela.
On the other hand, players in the petrochemical market do not expect the free trade agreement to have a major impact on the market.
Total motor gasoline, an indicator of demand health – dropped 2.7 million barrels to 214.7 million barrels and are about 5% below the five-year average.
The 2401 for January 2024 delivery contract on Dalian Commodity Exchange on 08 September 2023 settled as follows:
07 Sep 2023
International benchmarks for crude oil settled higher on Wednesday, 6 September 2023 on expectations that the US commercial crude inventories might drop further
The 2401 for January 2024 delivery contract on Dalian Commodity Exchange on 07 September 2023 settled as follows:
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