19 Sep 2024
The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 19 September 2024 settled as follows:
18 Sep 2024
The price surge comes after over 12% of crude production in the U.S. Gulf of Mexico was shut down due to damage caused by Hurricane Francine last week. The disruptions have bolstered oil prices in four of the last five trading sessions.
Industry experts report that East Coast ports have already begun scaling down operations. Even a limited strike would trigger a mandatory lockout across all USMX ports under their bylaws, exacerbating disruptions.
The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 18 September 2024 settled as follows:
17 Sep 2024
Over 12% of crude oil production and 16% of natural gas output in the Gulf of Mexico remained offline due to the impact of Hurricane Francine, according to the US Bureau of Safety and Environmental Enforcement.
Don't have an account? Register