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economy

Oil prices fell about 2% ahead of OPEC+ supply decision
05 Dec 2024 The OPEC+ alliance is set to convene on Thursday, with expectations that the group will extend production cuts through the first quarter of 2025. While this move could help alleviate near-term oversupply pressures, it also underscores lingering concerns about global demand dynamics.
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05 Dec 2024

economy

Indonesia launched anti-dumping investigation on homo-PP imports from eight countries

On 04 December 2024, the Indonesian Anti-Dumping Committee (KADI) launched an investigation into alleged anti-dumping practices involving homo-polypropylene (homo-PP) imports under HS code 3902.10.40 from eight countries
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05 Dec 2024

economy

Freightos: Weekly Ocean Freight Index Update

Transpacific ocean freight rates have surged to start December, driven by proactive shipping ahead of a potential port strike on the US East Coast after January 15 and anticipated tariff increases in 2025. Rates to the US West Coast have climbed to their highest levels since January 2024
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05 Dec 2024

economy

EIA: US commercial crude inventory fell by a surprising 5.1 million barrels

Refinery utilization rates surged to 93.3%—the highest level in four months—driving the decline in crude stockpiles. Simultaneously, total motor gasoline inventories rose by 2.4 million barrels from the previous week, reaching 214.6 million barrels.
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05 Dec 2024

economy

Dalian Commodity Exchange: 05 December 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 05 December 2024 settled as follows:
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04 Dec 2024

economy

Dalian Commodity Exchange: 04 December 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 04 December 2024 settled as follows:
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03 Dec 2024

economy

Oil prices held steady as the market awaited OPEC+’s output decisions

China’s manufacturing sector recorded its fastest growth since April, marking its second consecutive month of expansion. This resurgence has bolstered expectations for increased fuel demand from the world's second-largest oil consumer.
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03 Dec 2024

economy

Dalian Commodity Exchange: 03 December 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 03 December 2024 settled as follows:
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