Dalian Commodity Exchange: 19 May 2021

19 May 2021 Dalian Commodity Exchange settled with three digits lost in value under the pressure of falling energy complex and growing concerns over the electricity shortage.

19 May 2021

Crude slipped on reports of potential Iran nuclear deal

International benchmarks of crude oil fell from the eight-week highs on Tuesday, 18 May 2021 after media reported that the US and Iran has made substantial progress in reviving the nuclear accord

19 May 2021

EIA: US crude inventories built up in the latest week

The US crude inventories rose 1.3 million barrels to 486 million barrels in the week ending 14 May 2021 while gasoline stocks fell sharply.

18 May 2021

Oil climbed higher on reopening EU economy

International benchmarks for crude oil traded about 10% higher on Monday, 17 May 2021 on positive expectations over the reopening of the European economy.