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economy

Oil market fell sharply on concerns over OPEC+ lifting outputs
02 Sep 2024 International benchmarks for crude oil fell sharply on Friday, 30 August as markets anticipated an OPEC+ supply increase from October and lower chances of a significant interest rate cut in the US.
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02 Sep 2024

economy

Dalian Commodity Exchange: 02 September 2024 (Night trading)

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 02 September 2024 settled as follows:
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02 Sep 2024

economy

Dalian Commodity Exchange: 02 September 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 02 September 2024 settled as follows:
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30 Aug 2024

economy

Oil rose more than $1/barrel on supply disruption fear, bullish US economic outlook

The surge was largely influenced by the ongoing turmoil in Libya, where oil exports from five key eastern ports have been suspended amid a standoff between rival political factions.
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30 Aug 2024

economy

Dalian Commodity Exchange: 30 August 2024 (Night trading)

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

economy

Dalian Commodity Exchange: 30 August 2024

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

economy

Oil prices slide 1% on weak US inventory draw and Chinese demand worries

Despite these pressures, potential supply disruptions in the Middle East and Libya prevented deeper declines. Libyan crude output has been cut by nearly half this week, with a looming risk of losing up to 1 million barrels per day from the global market.
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29 Aug 2024

economy

EIA: US commercial crude, fuel stockpiles decreased last week

U.S. commercial crude stockpiles edged down by a mere 846,000 barrels in the week ending 23 August 2024, despite higher refinery activity, according to the latest data from the Energy Information Administration (EIA).
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