Crude climbed higher amid supply risks and OPEC+ output uncertainty

29 May 2025 The rally followed the United States’ announcement of potential new sanctions on Russia, intensifying pressure over its protracted war in Ukraine.

28 May 2025

Oil prices dipped as OPEC+ output plans raised supply concerns

Attention is now firmly on Saturday’s OPEC+ meeting, where several member states are reportedly in favour of a faster pace of supply restoration.

28 May 2025

Dalian Commodity Exchange: 28 May 2025

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

27 May 2025

Oil steadied as market weighed easing trade tension against rising OPEC+ supply

A degree of relief swept through global markets after the US government extended the deadline for imposing higher tariffs on the European Union, easing fears of an immediate escalation in trade disputes.

26 May 2025

Dalian Commodity Exchange: 26 May 2025

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 26 May 2025 settled as follows:

26 May 2025

Crude oil rises on pre-holiday short-covering; gains limited by US-Iran uncertainty

The modest uptick was primarily driven by traders unwinding short positions ahead of the long weekend, which traditionally signals the start of the US summer driving season

23 May 2025

Lotte Chemical Titan signed three-year naphtha supply agreement with Aramco Trading Singapore

In a Bursa Malaysia filing on 23 May 2025, Lotte Chemical Titan Holding Bhd (LCTH) announced that the contract will be effective from July 2025 through to June 2028.

23 May 2025

Lotte Chemical Indonesia secured 10-year ethylene supply deal with Asahimas Chemical

Under the terms of the agreement, LCI will supply approximately 150,000 tons of ethylene per annum to Asahimas from 1 July 2025 through 30 June 2035.

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