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economy

Angola announced departure from OPEC, oil prices dipped
22 Dec 2023 Earlier in the day, both Brent and WTI crude oil benchmarks experienced a sharp decline of over $1 in response to Angola's intention to exit the influential producer group.
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21 Dec 2023

economy

Global oil prices inch up amid red sea tensions and economic complexity

In a volatile trading session on Wednesday, oil prices experienced a modest uptick as concerns over global trade disruption and heightened tensions in the Middle East gripped investors.
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21 Dec 2023

economy

Dalian Commodity Exchange: 21 December 2023 (Night trading)

The 2405 for May 2024 delivery contract on Dalian Commodity Exchange on 21 December 2023 settled as follows:
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21 Dec 2023

economy

Dalian Commodity Exchange: 21 December 2023

The 2405 for May 2024 delivery contract on Dalian Commodity Exchange on 21 December 2023 settled as follows:
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20 Dec 2023

economy

Oil prices surged over 1% as Red Sea attacks disrupted trade

This surge followed attacks by the Houthi militants on ships in the Red Sea, causing disruptions in maritime trade and compelling numerous companies to reroute vessels.
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20 Dec 2023

economy

Dalian Commodity Exchange: 20 December 2023 (Night trading)

The 2405 for May 2024 delivery contract on Dalian Commodity Exchange on 20 December 2023 settled as follows:
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20 Dec 2023

economy

Dalian Commodity Exchange: 20 December 2023

The 2405 for May 2024 delivery contract on Dalian Commodity Exchange on 20 December 2023 settled as follows:
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19 Dec 2023

economy

Shipping companies re-route from the Red Sea amid attacks; freight rates climb

While some container ships are still plying the waterway, others are re-routing to the Cape of Good Hope, which lengthens the Asia-Europe trade route by 7-14 days.
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