Oil surged 3% amid geopolitical tensions and trade optimism

03 Jul 2025 Global crude oil prices surged by approximately 3% on Wednesday, 02 July 2024, as escalating geopolitical risks and improving trade sentiment

03 Jul 2025

EIA: US crude stocks rose unexpectedly as imports surged, snapping five-week decline

US commercial crude inventories posted an unexpected build last week, snapping a five-week downtrend, as a sharp jump in net imports offset robust refinery activity.

03 Jul 2025

Dalian Commodity Exchange: 03 July 2025

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 03 July 2025 settled as follows:

02 Jul 2025

Oil edged higher on robust demand signals as market eyes OPEC+ meeting

Global crude oil benchmarks closed modestly higher on Tuesday, 1 July, as signs of strengthening demand buoyed sentiment ahead of a closely watched OPEC+ meeting

02 Jul 2025

India launches LLDPE anti-dumping investigation with revised scope

The action follows a petition filed by the Chemicals and Petrochemicals Manufacturers’ Association (CPMA) on behalf of major local producers Haldia Petrochemicals Ltd (HPL) and HPCL-Mittal Energy Ltd (HMEL)

02 Jul 2025

Freightos Baltic: Ocean freight rates plunge as demand wanes, capacity swells

Global ocean freight rates fell sharply in the final week of June, with transpacific and Asia–Europe routes posting notable declines amid softening demand and expanding vessel availability.