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economy

EIA: US crude inventories decline for the fourth consecutive week
19 Dec 2024 The US Energy Information Administration (EIA) has reported a continued decline in crude oil inventories for the week ending December 13, 2024. Crude stocks fell by approximately 900,000 barrels compared to the previous week, bringing the total to 421.0 million barrels.
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19 Dec 2024

economy

Dalian Commodity Exchange: 19 December 2024

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 19 December 2024 settled as follows:
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18 Dec 2024

economy

Oil prices slipped amid poor economic data from China

China, the world's second-largest economy, reported mixed economic data. While industrial output growth showed a slight improvement in November, retail sales were disappointing, renewing calls for more consumer-driven stimulus measures.
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18 Dec 2024

economy

Freightos: Weekly Ocean Freight Index Update

The persistent rate elevation can be attributed to an early surge in pre-Lunar New Year demand, compounded by the ongoing Red Sea disruptions, which have necessitated extensive route diversions. Additionally, adverse weather conditions in China and Japan generate localized congestion at critical container hub infrastructures.
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18 Dec 2024

economy

Dalian Commodity Exchange: 18 December 2024

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 18 December 2024 settled as follows:
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17 Dec 2024

economy

Oil market settled lower on disappointing Chinese economic data

Global oil prices fell on December 16, weighed down by disappointing economic data from China, the world's largest oil importer, despite the Chinese government's recent commitments to implement stronger stimulus measures.
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17 Dec 2024

economy

Dalian Commodity Exchange: 17 December 2024

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 17 December 2024 settled as follows:
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16 Dec 2024

economy

Oil market rose to multi-week highs on geopolitical tensions and sanction prospects

Meanwhile, Chinese demand provided additional support to prices. Data released this week revealed that China, the world’s largest crude importer, experienced annual growth in crude imports for November—the first such increase in seven months.
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