08 May 2025
Crude oil prices resumed their downward trajectory on Wednesday, 7 May 2025, as growing scepticism over the outcome of upcoming US-China trade talks weighed on market sentiment.
With new trade negotiations between Washington and Beijing on the horizon, some major US retailers have already begun placing orders again
US commercial crude oil inventories fell by 2 million barrels in the week ending 2 May 2025, a sharper drawdown than analysts had anticipated,
The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 08 May 2025 settled as follows:
07 May 2025
The rally followed a report from Diamondback Energy Inc., the largest independent producer in the Permian Basin, which trimmed its full-year output forecast and warned of an impending decline in US shale production.
The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 07 May 2025 settled as follows:
With these back-to-back acquisitions, Aster is positioning itself as a vertically integrated chemical and energy powerhouse in the region, controlling upstream refining, midstream cracking, and downstream polymer production
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