Oil dipped slightly as partial lockdown in Shanghai threatens demand

10 Jun 2022 International benchmarks for crude oil inched slightly lower on Thursday, 9 June 2022 after part of Shanghai entered lockdown in a flare-up of new COVID-19 infection cases that threatens the demand recovery.

10 Jun 2022

Dalian Commodity Exchange: 10 June 2022 (Night trading)

The 2209 for September 2022 delivery contract on Dalian Commodity Exchange on 10 June 2022 settled as follows:

10 Jun 2022

Dalian Commodity Exchange: 10 June 2022

The 2209 for September 2022 delivery contract on Dalian Commodity Exchange on 10 June 2022 settled as follows:

09 Jun 2022

Truckers strike in South Korea is expected to cause shipment delays

Although the transport ministry claimed that the strike has not caused significant disruption in logistics, the impact is being felt at the port.

09 Jun 2022

Oil rose more than 2% despite US crude inventories data

International benchmarks for crude oil added more than 2% on Wednesday, 8 June 2022 despite the report from the EIA showing 2 million barrels increased in the US commercial crude stocks last week.

09 Jun 2022

EIA: US crude inventories rose but gasoline demand remains strong

US crude stocks rose 2 million barrels in the week ended 3 June 2022 to 416.8 million barrels while the SPR fell by a record of 7.3 million barrels to 519.3 million barrels – the lowest levels since March 1987.