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

26 May 2025 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.

21 May 2025

Oil edged lower as market awaited geopolitical clarity

Further downside pressure came from China, where new government data indicated slowing industrial output and tepid retail sales growth—both interpreted as warning signs of cooling economic momentum.

21 May 2025

Dalian Commodity Exchange: 21 May 2025

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 21 May 2025 settled as follows:

19 May 2025

Dalian Commodity Exchange: 19 May 2025

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 19 May 2025 settled as follows:

16 May 2025

Dalian Commodity Exchange: 16 May 2025

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 16 May 2025 settled as follows:

14 May 2025

Oil prices extended gains on trade optimism and easing inflation

Crude oil prices extended their rally on Tuesday, 13 May 2025, buoyed by renewed optimism over US-China trade relations and a surprisingly soft US inflation report, both of which improved the global economic outlook.

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