EIA: US commercial crude inventories fell for the third consecutive week

04 May 2023 Data from the Energy Information Administration (EIA) showed the commercial crude stocks at 459.6 million barrels, which are about 2% below the five-year average.

04 May 2023

Dalian Commodity Exchange: 04 May 2023 (Night trading)

The 2309 for September 2023 delivery contract on Dalian Commodity Exchange on 04 May 2023 settled as follows:

04 May 2023

Dalian Commodity Exchange: 04 May 2023

The 2309 for September 2023 delivery contract on Dalian Commodity Exchange on 04 May 2023 settled as follows:

03 May 2023

Official data: China’s manufacturing activity shrank unexpectedly in April

The Chinese economy gained considerable traction during the first quarter as the gross domestic product grew by 4.5% thanks to China’s services sector recording its highest level in over a decade in March

28 Apr 2023

Dalian Commodity Exchange: 28 April 2023

The 2309 for September 2023 delivery contract on Dalian Commodity Exchange on 28 April 2023 settled as follows:

27 Apr 2023

Oil sank nearly 4% as recession worries outshine the drop in US inventory

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.