EIA: US crude inventories rise for third consecutive week amid refinery maintenance

22 Feb 2025 Refinery utilization edged down to 84.9% from 85% the previous week, reflecting the impact of the ongoing maintenance season. Meanwhile, total motor gasoline inventories recorded a slight draw of 200,000 barrels

21 Feb 2025

Freightos Baltic: Ocean freight rates extended decline, transpacific routes remain elevated

In response, carriers have intensified blank sailings and announced general rate increases (GRIs) of approximately $1,000 per FEU, effective 01 March. However, scepticism remains over the sustainability of these hikes, given weak demand fundamentals.

21 Feb 2025

Dalian Commodity Exchange: 21 February 2025

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 21 February 2025 settled as follows:

20 Feb 2025

Oil reaches one-week high amid rising supply risks

Supply constraints emerged from multiple fronts. OPEC+ is reportedly considering another delay to its planned production increase scheduled for April, which would mark the fourth such postponement.

20 Feb 2025

Dalian Commodity Exchange: 20 February 2025

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 20 February 2025 settled as follows:

19 Feb 2025

Dalian Commodity Exchange: 19 February 2025

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 19 February 2025 settled as follows:

18 Feb 2025

Dalian Commodity Exchange: 18 February 2025

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 18 February 2025 settled as follows:

17 Feb 2025

Oil prices decline amid prospects of eased Ukraine tensions

The price decline was largely driven by the prospect of increased Russian crude exports, as the US engaged in negotiations aimed at resolving the conflict in Ukraine. A potential lifting of sanctions on Russia

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