Oil prices extended gains after EIA report

26 May 2022 International benchmarks for crude oil settled higher on Wednesday, 25 May 2022 supported by the persistently tight supply

26 May 2022

EIA: US crude inventories continue to fall as refineries ramped up run rates

Besides the growing local demand ahead of the summer driving season, the US also exported more refined products during the week, mostly to the European region.

26 May 2022

Dalian Commodity Exchange: 26 May 2022 (Night trading)

The 2209 for September 2022 delivery contract on Dalian Commodity Exchange on 26 May 2022 settled as follows:

26 May 2022

Dalian Commodity Exchange: 26 May 2022

The 2209 for September 2022 delivery contract on Dalian Commodity Exchange on 26 May 2022 settled as follows:

25 May 2022

Oil settled mix as traders assess the risk of recession

International benchmarks for crude oil concluded the session on Tuesday, 24 May 2022 mixed as traders hold the position to assess the growing risk of an economic recession.

25 May 2022

Indonesia cuts import tariff on Chinese petchem products

The highlight for the petrochemical sector is the zerorised of import duty for Chinese HDPE and PET to the country. Meanwhile, other PE grades, PP, and PVC from China continue to be subjected to 5% duty.