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economy

EIA: US motor gasoline stocks unexpectedly rose, flashing demand concerns
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.
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28 Nov 2024

economy

Dalian Commodity Exchange: 28 November 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 28 November 2024 settled as follows:
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27 Nov 2024

economy

Oil extended losses on easing geopolitical tension in the Middle East

International crude oil benchmarks continued to decline on Tuesday, 26 November 2024, following reports of a potential ceasefire agreement between Israel and Hezbollah, alleviating concerns over supply disruptions from the Middle East.
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27 Nov 2024

economy

Malaysia’s Petronas Chemicals posts first quarterly loss in over three decades due to forex challenges

Petronas Chemicals Group dialed in its first quarterly loss since its inception in 1988, citing the sharp depreciation of the US dollar against the Malaysian ringgit as the sole factor, The Edge reported.
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27 Nov 2024

economy

Dalian Commodity Exchange: 27 November 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 27 November 2024 settled as follows:
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26 Nov 2024

economy

Oil fell by roughly 3% as reports signal progress in Middle East truce talks

Global crude oil prices dropped sharply on Monday, 25 November 2024, following reports that Israel and Lebanon had agreed to terms for a potential deal to end the conflict between Israel and Hezbollah.
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26 Nov 2024

economy

Dalian Commodity Exchange: 26 November 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 26 November 2024 settled as follows:
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25 Nov 2024

economy

Oil market wrapped up the week higher on increased geo-political tension

Global oil benchmarks ended the week on a strong note, rising over 1% on Friday, November 22, 2024, to reach two-week highs. The gains were fueled by escalating geopolitical tensions in Eastern Europe, which heightened concerns about potential disruptions to Russia's oil infrastructure and supply.
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