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Dalian Commodity Exchange: 08 May 2025
08 May 2025 The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 08 May 2025 settled as follows:
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07 May 2025

economy

Oil rebounded from four-year lows on US output cuts and demand hopes

The rally followed a report from Diamondback Energy Inc., the largest independent producer in the Permian Basin, which trimmed its full-year output forecast and warned of an impending decline in US shale production.
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07 May 2025

economy

Dalian Commodity Exchange: 07 May 2025

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 07 May 2025 settled as follows:
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07 May 2025

economy

Aster Chemicals expands Southeast Asia portfolio with acquisition of Singapore’s Chevron Phillips

With these back-to-back acquisitions, Aster is positioning itself as a vertically integrated chemical and energy powerhouse in the region, controlling upstream refining, midstream cracking, and downstream polymer production
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06 May 2025

economy

Oil prices sank to four-year lows as OPEC+ ramps up output

The sell-off came in response to OPEC+’s weekend agreement to raise output by an additional 411,000 barrels per day (bpd) in June. This marks the third consecutive monthly increase,
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06 May 2025

economy

Dalian Commodity Exchange: 06 May 2025

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 06 May 2025 settled as follows:
Title

05 May 2025

economy

Crude oil retreated ahead of OPEC+ meeting amid oversupply concerns

The alliance had already implemented a larger-than-anticipated output hike of 411,000 barrels per day in May, raising concerns about a looming supply glut at a time of uncertain global economic signals.
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30 Apr 2025

economy

Oil benchmarks extended declines, poised for worst April since 1988

The selloff in crude markets this month has been driven by a combination of bearish factors. The escalated US-China trade war has darkened the global economic outlook and dampened projections for oil demand growth
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