Oil prices declined as Iran-Israel tensions subside, higher US outputs

16 Apr 2024 According to the Energy Information Administration (EIA), oil outputs from the top shale-producing regions would increase by 16,000 bpd to 9.86 million bpd

16 Apr 2024

MEDIA: Lotte Chemical weighs disposal options for loss-making Malaysian subsidiary, LC Titan

South Korean chemical giant Lotte Chemical Corp (LC Corp) is contemplating divesting its shares in the struggling Malaysian subsidiary, Lotte Chemical Titan Holding Berhad (LC Titan).

16 Apr 2024

MEDIA: China's petrochemical boom challenges Asian rivals

Reports showed from 2019 to 2023, China added 25 new ethylene crackers compared to just three in South Korea.

16 Apr 2024

Dalian Commodity Exchange: 16 April 2024 (Night trading)

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

16 Apr 2024

Dalian Commodity Exchange: 16 April 2024

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

15 Apr 2024

Oil gained moderately on heightened geopolitical tensions

Geopolitical tensions in the Middle East propelled oil prices rise on Friday, 12 April 2024 but the commodity registered a weekly loss due to concerns about slower US interest rate reductions