05 Jul 2023
Saudi Arabia announced on Monday of extending its supply cut by 1 million barrels per day (bpd) while Russia and Algeria are looking to reduce output and export levels by 500,000 and 20,000 bpd respectively.
The 2309 for September 2023 delivery contract on Dalian Commodity Exchange on 05 July 2023 settled as follows:
04 Jul 2023
However, prices were largely affected after surveys suggested slumped global factory activity in June stemming from weak demand in China and Europe.
The 2309 for September 2023 delivery contract on Dalian Commodity Exchange on 04 July 2023 settled as follows:
03 Jul 2023
International benchmarks for crude oil inched up on Friday, 30 June 2023 but experienced a fourth consecutive quarterly loss causing concern among investors that lethargic global economic activity could cripple fuel demand.
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