08 Jan 2024
International benchmarks for crude oil experienced a notable surge of over $1/barrel on Friday, 5 January 2024 driven by the lingering concerns over the shipping issues in the Red Sea.
The 2405 for May 2024 delivery contract on Dalian Commodity Exchange on 08 January 2024 settled as follows:
05 Jan 2024
However, at the moment, the B.I.S regulation is only applied to all HDPE grades while the government set exemptions on the following PE categories:
The US Energy Information Administration (EIA) released data revealing a significant increase in both gasoline and distillate stocks, contributing to the overall bearish sentiment in the oil market.
The Indian Department of Commerce has notified related authorities from the above-mentioned countries. However, the official notification did not mention the exact timeline
Total motor gasoline inventories increased by 10.9 million barrels, while distillate fuel inventories increased by 10.1 million barrels previous week.
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