Oil market rebounded on US crude stocks draw, cooling consumer price data

16 May 2024 Data from the Energy Information Administration (EIA) showed that commercial crude oil stocks in the US fell 2.5 million barrels last week thanks to higher refinery run rates.

16 May 2024

EIA: US commercial crude inventory dropped for the second week in a row

Refineries in the countries operated at 90.4% during the week, up from 88.5% the week before. According to industry experts, refineries are ramping up operating rates to prepare for the summer demand.

16 May 2024

Dalian Commodity Exchange: 16 May 2024 (Night trading)

The 2409 for September 2024 delivery contract on Dalian Commodity Exchange on 16 May 2024 settled as follows:

16 May 2024

Dalian Commodity Exchange: 16 May 2024

The 2409 for September 2024 delivery contract on Dalian Commodity Exchange on 16 May 2024 settled as follows:

15 May 2024

Oil settled lower as high inflation data pinched confidence

International benchmarks for crude oil settled lower on Tuesday, 14 May 2024 following data that showed the US producer prices increased more than expected in April