27 Apr 2023
Investors overlook the EIA report on the larger-than-expected decline in US crude inventories to focus on the renewed fears of an impending recession that would plunder the demand outlook.
The 2309 for September 2023 delivery contract on Dalian Commodity Exchange on 27 April 2023 settled as follows:
26 Apr 2023
Oil dipped more than 2% on Tuesday, 25 April 2023 following two sessions of gains, recording its lowest levels this month as concerns over economic frailties and a stronger dollar undermined the advent of rising Chinese demand.
The 2309 for September 2023 delivery contract on Dalian Commodity Exchange on 26 April 2023 settled as follows:
25 Apr 2023
Even though the uneven recuperating Chinese economy has left the oil demand narrative rather grey, Chinese customs data on Friday indicated record import volumes in March.
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