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economy

Crude oil prices surge to five-week high amid US tariff threats on Russia
01 Apr 2025 According to media reports, Washington is considering imposing tariffs of 25% to 50% on entities purchasing Russian crude. The proposed measures aim to pressure Moscow into negotiating a ceasefire with Ukraine
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30 Mar 2025

economy

Dalian Commodity Exchange: 31 March 2025

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 31 March 2025 settled as follows:
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28 Mar 2025

economy

Oil prices inched up on US stockpile decline, but trade uncertainties lingered

However, optimism was tempered by the prospect of tighter US restrictions on imports. On Wednesday, the US government announced a sweeping 25% tariff on imported automobiles and automotive parts, set to take effect on 2 April and 3 May, respectively.
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28 Mar 2025

economy

Dalian Commodity Exchange: 28 March 2025

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 28 March 2025 settled as follows:
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27 Mar 2025

economy

Oil market strengthened as US crude inventories declined

The latest Energy Information Administration (EIA) data showed US crude stockpiles fell by 3.3 million barrels last week, far surpassing expectations of a 956,000-barrel decline, signalling the wane of seasonal maintenance at refineries.
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27 Mar 2025

economy

Freightos Baltic: Fierce competition and policy uncertainty keep ocean freight under pressure

On Asia–Europe lanes, shipping volumes remained subdued following the pre-Lunar New Year rush, dragging rates on Asia–North Europe routes to levels 20% below 2024 lows.
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27 Mar 2025

economy

EIA: US crude inventories declined as refineries exited seasonal maintenance

US commercial crude oil inventories declined in the week ending 21 March 2025, snapping a three-week streak of increases as refineries ramped up output. Stockpiles fell by 3.3 million barrels
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27 Mar 2025

economy

Dalian Commodity Exchange: 27 March 2025

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 27 March 2025 settled as follows:
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