Oil fell for the second straight session on potential MEA de-escalation

30 Oct 2024 Global crude oil prices continued their decline for a second consecutive session on Tuesday, October 29, 2024, as indications of a potential de-escalation in Israel’s offensive in Lebanon tempered the market

30 Oct 2024

Dalian Commodity Exchange: 30 October 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 30 October 2024 settled as follows:

29 Oct 2024

Oil prices plunged 6% as Middle East concerns eased, US data disappointed

On October 26, Israel launched a retaliatory strike on an Iranian military base, alleviating concerns over potential attacks on oil infrastructure that could have disrupted global oil supplies.

29 Oct 2024

Dalian Commodity Exchange: 29 October 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 29 October 2024 settled as follows:

28 Oct 2024

Dalian Commodity Exchange: 28 October 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 28 October 2024 settled as follows:

25 Oct 2024

Oil dipped amid ceasefire hopes and record US output, raising oversupply concerns

The announcement of anticipated talks between Israeli and Hamas negotiators seemed to shift market sentiment, tempering the heightened volatility observed in recent weeks when threats of escalation drove brisk trading in oil derivatives.

25 Oct 2024

Dalian Commodity Exchange: 25 October 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 25 October 2024 settled as follows:

24 Oct 2024

Oil slid on swelling US crude stockpile, tension in the Middle East provided support

The US Energy Information Administration (EIA) reported an increase in crude inventories of 5.5 million barrels last week, attributed to rising domestic production and robust imports.

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