Dalian Commodity Exchange: 19 July 2024

19 Jul 2024 The 2409 for September 2024 delivery contract on Dalian Commodity Exchange on 18 July 2024 settled as follows:

18 Jul 2024

Oil gained about 2% on larger-than-expected draw in US crude inventory

International crude oil benchmarks rebounded sharply on Wednesday, 17 July, following an Energy Information Administration (EIA) report revealing a significant drop of 4.87 million barrels in US commercial crude inventory—far exceeding predictions.

18 Jul 2024

EIA: US commercial crude saw a much larger-than-expect drawdown

Notably, local production remained unaffected by Hurricane Beryl, maintaining a steady output of 13.3 million barrels per day. Downstream refineries, however, processed around 16.9 million barrels per day

18 Jul 2024

Dalian Commodity Exchange: 18 July 2024 (Night trading)

The 2409 for September 2024 delivery contract on Dalian Commodity Exchange on 18 July 2024 settled as follows:

18 Jul 2024

Dalian Commodity Exchange: 18 July 2024

The 2409 for September 2024 delivery contract on Dalian Commodity Exchange on 18 July 2024 settled as follows:

17 Jul 2024

Oil market fell more than 1% on Chinese demand concerns

However, the declines were moderated by a report from the American Petroleum Institute, which indicated a decrease of 4.4 million barrels in US commercial crude inventories last week.