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economy

Oil slid more than 2% amid Chinese demand concerns, stronger US dollar
18 Nov 2024 On the supply side, the International Energy Agency (IEA) has projected a significant global oil surplus of over 1 million barrels per day in 2024, primarily due to weaker Chinese demand.
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18 Nov 2024

economy

Dalian Commodity Exchange: 18 November 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 18 November 2024 settled as follows:
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15 Nov 2024

economy

Oil inched higher on larger-than-expected draw in US fuel stocks

The US Energy Information Administration reported a sharp drop in gasoline inventories, down 4.4 million barrels last week—significantly lower than a forecast in a Reuters poll,
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15 Nov 2024

economy

EIA: US crude stockpiles swell amid rising imports, gasoline stocks hit a two-year low

Crude imports averaged 6.5 million barrels per day (bpd) during the reporting week, marking an increase of 269,000 bpd from the previous week. This is in addition to domestic oil production levels of 13.4 million bpd.
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15 Nov 2024

economy

Dalian Commodity Exchange: 15 November 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 15 November 2024 settled as follows:
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14 Nov 2024

economy

Oil prices edged higher amid volatile trading on Middle East tensions

Global crude oil benchmarks closed higher on Wednesday, November 13, 2024, in a volatile trading session as market participants assessed conflicting reports on potential supply risks stemming from Middle East tensions.
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14 Nov 2024

economy

Dalian Commodity Exchange: 14 November 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 14 November 2024 settled as follows:
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13 Nov 2024

economy

Oil prices held near a two-week low as market awaited key data

International crude oil benchmarks ended Tuesday, November 12, 2024, near two-week lows as traders largely exited the market to digest OPEC's latest downward revision of demand growth projections and await further data.
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