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economy

Oil prices dipped amidst surging gasoline and distillate stocks in the US
05 Jan 2024 The US Energy Information Administration (EIA) released data revealing a significant increase in both gasoline and distillate stocks, contributing to the overall bearish sentiment in the oil market.
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05 Jan 2024

economy

Indian producers submitted a petition to impose anti-dumping duty on the import of PVC from seven countries

The Indian Department of Commerce has notified related authorities from the above-mentioned countries. However, the official notification did not mention the exact timeline
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05 Jan 2024

economy

EIA: US gasoline inventories rose sharply despite large draw in crude stocks

Total motor gasoline inventories increased by 10.9 million barrels, while distillate fuel inventories increased by 10.1 million barrels previous week.
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05 Jan 2024

economy

Dalian Commodity Exchange: 05 January 2024 (Night trading)

The 2405 for May 2024 delivery contract on Dalian Commodity Exchange on 05 January 2024 settled as follows:
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05 Jan 2024

economy

Dalian Commodity Exchange: 05 January 2024

The 2405 for May 2024 delivery contract on Dalian Commodity Exchange on 05 January 2024 settled as follows:
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04 Jan 2024

economy

Oil jumped 3% on Red Sea tension, Libya’s production disruption

In a day marked by escalating geopolitical tensions, global oil prices surged approximately 3% on Wednesday, fueled by a significant disruption at Libya's primary oilfield.
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04 Jan 2024

economy

Maersk temporarily suspended Red Sea transits for safety amid vessels incident

In response to the attack on Maersk Hangzhou on 30 December 2023, Danish shipping giant - Maersk announced a temporary suspension of all transits through the Red Sea/Gulf of Aden until further notice.
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04 Jan 2024

economy

India reviews anti-dumping duties on imported CPVC from China and South Korea

CPVC, produced through the chlorination of polyvinyl chloride resin, exhibits superior properties compared to PVC, including enhanced corrosion resistance, heat resistance
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