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economy

Crude oil posted first weekly gains since mid-April on renewed trade optimism
12 May 2025 International crude oil benchmarks closed higher on Friday, 9 May 2025, with gains approaching 2%, marking their first weekly advance since mid-April. The upturn was driven by renewed investor optimism
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09 May 2025

economy

Oil prices surged on renewed trade optimism

Market participants interpreted the deal as a positive signal for broader trade negotiations, particularly ahead of high-stakes discussions between US and Chinese officials scheduled to begin this weekend.
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09 May 2025

economy

Dalian Commodity Exchange: 09 May 2025

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 09 May 2025 settled as follows:
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08 May 2025

economy

Oil resumed decline amid mounting doubts over US-China trade talks

Crude oil prices resumed their downward trajectory on Wednesday, 7 May 2025, as growing scepticism over the outcome of upcoming US-China trade talks weighed on market sentiment.
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08 May 2025

economy

Freightos Baltic: Effective capacity management capped freight rate declines

With new trade negotiations between Washington and Beijing on the horizon, some major US retailers have already begun placing orders again
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08 May 2025

economy

EIA: US commercial crude stocks fall on higher refinery utilisation

US commercial crude oil inventories fell by 2 million barrels in the week ending 2 May 2025, a sharper drawdown than analysts had anticipated,
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08 May 2025

economy

Dalian Commodity Exchange: 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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