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economy

Oil slid on swelling US crude stockpile, tension in the Middle East provided support
24 Oct 2024 The US Energy Information Administration (EIA) reported an increase in crude inventories of 5.5 million barrels last week, attributed to rising domestic production and robust imports.
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24 Oct 2024

economy

EIA: US crude oil inventories surged by 5.5 million barrels amid rising imports

Data showed that the US imported an average of 6.4 million barrels per day of crude last week, representing a 16.3% increase from the week before. Meanwhile, oil producers in the US churned out a historically high level of output during the reporting week, hitting 13.5 million barrels per day.
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24 Oct 2024

economy

Dalian Commodity Exchange: 24 October 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 24 October 2024 settled as follows:
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23 Oct 2024

economy

Oil prices rallied on improved Chinese demand outlook and Middle East tensions

Global crude oil benchmarks closed higher on Tuesday, 22 October 2024, driven by expectations of rising demand in China and escalating geopolitical tensions in the Middle East, both of which contributed to the surge in prices.
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23 Oct 2024

economy

Freightos: Weekly Ocean Freight Index Update

Despite the widespread rate reductions, some disruptions, such as Red Sea diversions, are limiting capacity, which keeps prices roughly three times higher than their 2023 levels.
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23 Oct 2024

economy

Dalian Commodity Exchange: 23 October 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 23 October 2024 settled as follows:
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22 Oct 2024

economy

Oil rallied on renewed China’s growth support measures and Middle East tensions

Global crude oil prices surged on Monday, 21 October 2024, with international benchmarks rising over $1 per barrel. The gains came on the back of renewed optimism over China’s latest economic stimulus measures
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22 Oct 2024

economy

Dalian Commodity Exchange: 22 October 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 22 October 2024 settled as follows:
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