Dalian Commodity Exchange: 21 December 2023

21 Dec 2023 The 2405 for May 2024 delivery contract on Dalian Commodity Exchange on 21 December 2023 settled as follows:

20 Dec 2023

Oil prices surged over 1% as Red Sea attacks disrupted trade

This surge followed attacks by the Houthi militants on ships in the Red Sea, causing disruptions in maritime trade and compelling numerous companies to reroute vessels.

20 Dec 2023

Dalian Commodity Exchange: 20 December 2023 (Night trading)

The 2405 for May 2024 delivery contract on Dalian Commodity Exchange on 20 December 2023 settled as follows:

20 Dec 2023

Dalian Commodity Exchange: 20 December 2023

The 2405 for May 2024 delivery contract on Dalian Commodity Exchange on 20 December 2023 settled as follows:

19 Dec 2023

Shipping companies re-route from the Red Sea amid attacks; freight rates climb

While some container ships are still plying the waterway, others are re-routing to the Cape of Good Hope, which lengthens the Asia-Europe trade route by 7-14 days.

19 Dec 2023

Oil spiked nearly 2% on global shipping concerns

International benchmarks for crude oil surged nearly 2% on Monday, 18 December 2023 on escalating concerns over the global shipping situation after the attacks in the Red Sea.