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economy

EIA: US crude inventories built up for the second straight week
07 Oct 2021 The Energy Information Agency released the latest data on US crude inventories for the week ending 1 October 2021, which showed 2.3 million barrels increased from the previous week to 420.9 million barrels.
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06 Oct 2021

economy

Crude oil hit multi-year high as supply tightens

International benchmarks for crude oil surged to multi-year high levels on Tuesday, 5 October 2021 on signs of tightening global supply for crude oil, gas and coal.
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04 Oct 2021

economy

UPDATE: Sabic to start marketing Saudi Aramco’s outputs from Petro Rabigh plant

In April 2021, Sabic also announced the takeover of the sales and marketing functions of Saudi Aramco’s shares in Malaysia’s PrefChem and South Korea’s S-Oil Corporation.
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04 Oct 2021

economy

Oil settled higher ahead of OPEC+ meeting

International benchmarks for crude oil rose to nearly three-year highs on Friday, 1 October 2021 as traders await the OPEC+ meeting outcome.
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04 Oct 2021

economy

Oil rose sharply as OPEC+ conform to current output policy

International benchmarks for crude oil spike on Monday, 4 October 2021 after OPEC and its allies announced that the group of producers would stick to its current output policy.
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01 Oct 2021

economy

Oil settled mixed as the market expects stronger demand from China

International benchmarks for crude oil settled with little changes on Thursday, 30 September 2021 following reports that China is ready to buy more oil and other energy product.
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30 Sep 2021

economy

Oil slipped following reports on US crude inventories

International benchmarks for crude oil fell for the second session in a row after a report from the EIA showing 4.6 million barrels build-up in US crude inventories.
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30 Sep 2021

economy

Official data: China manufacturing activities fell in September on power crunch

On the bright side, non-manufacturing activities rebounded to 53.2 points in September from 47.5 in August as the government eased COVID-19 related restrictions.
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