30 Jun 2023
International benchmarks for crude oil ended the volatile trading session on Thursday, 29 June 2023 with additional gains as report on the 9.6 million barrels dropped in US commercial crude inventories
The housing market in China has been faltering for months and the latest data showed home sales tumbled in June, signalling the property market is far from stabilizing.
The 2309 for September 2023 delivery contract on Dalian Commodity Exchange on 30 June 2023 settled as follows:
29 Jun 2023
While the 9.6 million barrels drop in US crude inventories fueled bullish expectations among investors, many remain cautious over further interest rate hikes ahead.
Total gasoline inventories – an indicator of demand health, on the other hand, rose 0.6 million barrels while propane/propylene supply increased by 2.6 million barrels.
The 2309 for September 2023 delivery contract on Dalian Commodity Exchange on 29 June 2023 settled as follows:
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