EIA: US commercial crude and gasoline inventories continued to drop

28 Jul 2024 While local oil production remained steady at 13.3 million barrels per day, net crude oil imports fell by about 388,000 barrels, averaging 2.68 million barrels per day. On the other hand, crude exports jumped to 4.2 million barrels per day.

26 Jul 2024

Dalian Commodity Exchange: 26 July 2024 (Night trading)

The 2409 for September 2024 delivery contract on Dalian Commodity Exchange on 26 July 2024 settled as follows:

26 Jul 2024

Dalian Commodity Exchange: 26 July 2024

The 2409 for September 2024 delivery contract on Dalian Commodity Exchange on 26 July 2024 settled as follows:

25 Jul 2024

Dalian Commodity Exchange: 25 July 2024 (Night trading)

The 2409 for September 2024 delivery contract on Dalian Commodity Exchange on 25 July 2024 settled as follows:

25 Jul 2024

Dalian Commodity Exchange: 25 July 2024

The 2409 for September 2024 delivery contract on Dalian Commodity Exchange on 25 July 2024 settled as follows:

24 Jul 2024

Oil prices slumped for the fourth straight session on demand concerns

This downturn is largely attributed to the growing concerns over the demand in China, with investors remaining cautious in the wake of the People's Bank of China's unexpected 10-basis point interest rate cut earlier this week. The market's disappointment was further fueled by the Third Plenum's failure to introduce significant support policies.