19 May 2023
The 2309 for September 2023 delivery contract on Dalian Commodity Exchange on 19 May 2023 settled as follows:
18 May 2023
International benchmarks for crude jumped about $2/barrel on Wednesday, 17 May 2023 on optimism surrounding oil demand and the prospect of the US reaching an agreement to raise the debt ceiling surpassed worries over the lengthy supply.
On the other hand, total gasoline inventories – an indicator of demand health, dropped 1.4 million barrels week-on-week to 218.3 million barrels, showing the demand in the US remains strong ahead of the summer driving season.
The 2309 for September 2023 delivery contract on Dalian Commodity Exchange on 18 May 2023 settled as follows:
17 May 2023
International benchmarks for crude oil dipped slightly on 16 May 2023 as weak economic data in China and the US counterbalanced the expectation of higher global demand as per reports from the IEA.
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