24 Apr 2025
Freight rates from Asia to the US began to decline this week, as the fallout from escalating US–China trade tensions materialised. The key factor was a marked drop
US commercial crude inventories rose by 0.2 million barrels for the week ending 18 April 2025, diverging from analysts’ expectations of a 770,000-barrel draw.
The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 24 April 2025 settled as follows:
Oil prices dipped by around 2% on Wednesday as investors reacted to reports that OPEC+ may pursue an aggressive production hike in June.
23 Apr 2025
Oil prices firmed on Tuesday as markets digested fresh US sanctions targeting Iranian energy networks, temporarily diverting attention from diplomatic progress
The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 23 April 2025 settled as follows:
22 Apr 2025
The shift in sentiment followed reports that Washington and Tehran had agreed to begin drafting a framework for a possible nuclear agreement—raising the possibility of softer US restrictions on Iranian energy flows.
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