29 Nov 2024
The global oil benchmark recorded a modest rise on Thursday, November 28, attributed to a potential flare-up of geopolitical tensions in the Middle East, delays in OPEC+ decisions, and subdued market activity due to the US Thanksgiving holiday.
29 Nov 2024
28 Nov 2024 PET Bottle
India first introduced ADD on PET resin imports from China in March 2021 for a five-year period. The latest revision suggests a renewed commitment to safeguarding domestic industries from unfair trade practices.
28 Nov 2024
The Energy Information Administration (EIA) reported a surprising 3.3-million-barrel gasoline inventory build last week, defying expectations of a 605,000-barrel draw and signalling weaker demand. Additionally, a ceasefire between Israel and Hezbollah eased fears of Middle East supply disruptions.
28 Nov 2024
28 Nov 2024
Total motor gasoline stockpiles increased by 3.3 million barrels in the week ending November 22, climbing to 212.2 million barrels. This surprise buildup defied expectations of higher demand, as market had predicted record levels of Thanksgiving travel.
28 Nov 2024
