Crude oil added more than 1%, feasting on a weaker US dollar

13 Jan 2023 International benchmarks for crude oil continued to climb higher on Thursday, 12 January 2023 on the merging effects of the weakening US dollar

12 Jan 2023

Oil market jumped more than 3% despite sharp increases in US crude stocks

The crude oil market rose to the highest levels in a week on Wednesday, 11 January 2023, shrugging off the latest EIA report on the 19 million barrels built-up in the US commercial crude inventories last week.

12 Jan 2023

EIA: US commercial crude and gasoline stocks rose more than expected

The large accumulation raised some concerns about the demand conditions, but the data suggested that the latest gasoline stockpiles were about 7% below the five-year average.

12 Jan 2023

Dalian Commodity Exchange: 12 January 2023 (Night trading)

The 2301 for May 2023 delivery contract on Dalian Commodity Exchange on 12 January 2023 settled as follows:

12 Jan 2023

Dalian Commodity Exchange: 12 January 2023

The 2301 for May 2023 delivery contract on Dalian Commodity Exchange on 12 January 2023 settled as follows:

11 Jan 2023

Oil extended gains on weaker dollar, stronger consumption forecast

International benchmarks for crude oil continued to settle higher on Tuesday, 10 January 2023 as the US dollar reached the lowest level in seven months.