17 Jul 2023
The 2309 for September 2023 delivery contract on Dalian Commodity Exchange on 17 July 2023 settled as follows:
14 Jul 2023
With US inflation increasing at the slowest pace in more than two years, fewer rate hikes are needed this year. As a result, the US dollar depreciated to 15-month lows, further supporting crude oil prices.
The 2309 for September 2023 delivery contract on Dalian Commodity Exchange on 14 July 2023 settled as follows:
13 Jul 2023
International benchmarks for crude oil rose slightly on Wednesday, 12 July 2023, as US inflation data raised optimism that fewer interest lifts may be in line for the remainder of the year.
Net crude oil imports (Imports subtract Exports) rose nearly 600,000 barrels per day during the week, stemming from the substantially reduced export activities.
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