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economy

Oil prices edged higher amid volatile trading on Middle East tensions
14 Nov 2024 Global crude oil benchmarks closed higher on Wednesday, November 13, 2024, in a volatile trading session as market participants assessed conflicting reports on potential supply risks stemming from Middle East tensions.
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14 Nov 2024

economy

Dalian Commodity Exchange: 14 November 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 14 November 2024 settled as follows:
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13 Nov 2024

economy

Oil prices held near a two-week low as market awaited key data

International crude oil benchmarks ended Tuesday, November 12, 2024, near two-week lows as traders largely exited the market to digest OPEC's latest downward revision of demand growth projections and await further data.
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13 Nov 2024

economy

Freightos: Weekly Ocean Freight Index Update

The US National Retail Federation (NRF) has raised its forecast for ocean import volumes through the end of the year, signalling a significant uptick in activity at US ports. According to the updated outlook, the NRF now anticipates a 13% year-over-year increase
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13 Nov 2024

economy

Dalian Commodity Exchange: 13 November 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 13 November 2024 settled as follows:
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12 Nov 2024

economy

Oil fell nearly 3% on disappointing China stimulus, strong dollar

This decline was driven by China’s recent economic stimulus measures, which failed to boost confidence in the demand outlook, alongside the US dollar reaching a one-year high.
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12 Nov 2024

economy

Iran plans scheduled power cuts to tackle pollution; potential impact on petrochemical sector under review

The implications of Iran's planned power cuts may resonate beyond its borders, especially in the global petrochemical market. As a major supplier of PE to China, Iran plays a pivotal role in China's polymer industry.
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12 Nov 2024

economy

Dalian Commodity Exchange: 12 November 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 12 November 2024 settled as follows:
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