Oil surged as OPEC+ considered cutting output

04 Oct 2022 International benchmarks for crude oil surged sharply on Monday, 3 October 2022 following reports that OPEC and allies are considering cutting production output by more than 1 million barrel per day

03 Oct 2022

Oil settled lower on reports of higher OPEC oil outputs in September

International benchmarks for crude oil concluded a choppy trading session on Friday, 30 September 2022 following reports that OPEC oil output rose 210,000 barrels per day from August

30 Sep 2022

Oil settled lower on a darkening economic outlook

Meanwhile, there have been reports that Russian might propose to OPEC+ members to cut production outputs by 1 million barrels per day in the coming meeting.

30 Sep 2022

Official data: China’s manufacturing activities edged higher in September

The Chinese government introduces more than 50 different economic policies to stimulate growth since May, which all started coming into effect while the heatwaves have ended, allowing the manufacturing sector to come back.

30 Sep 2022

Dalian Commodity Exchange: 30 September 2022

The 2301 for January 2023 delivery contract on Dalian Commodity Exchange on 30 September 2022 settled as follows:

29 Sep 2022

Oil rose sharply on a surprising US crude stocks report

International benchmarks for crude oil extended the firming trend from the previous session on Wednesday, 28 September following the EIA report on the surprising drawdown in US commercial crude inventories