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economy

Freightos: Weekly Ocean Freight Index Update
12 Dec 2024 The NRF also predicts that import volumes through April 2025 will be 7% higher than in the same period in 2024, signaling a continuation of proactive frontloading strategies aimed at hedging against potential tariff changes.
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12 Dec 2024

economy

EIA: US total motor gasoline inventories continued to rise, raising demand worries

US commercial crude oil inventories fell by 1.4 million barrels during the same period, totalling 422.0 million barrels. This figure is approximately 6% below the five-year average for this time of year, suggesting continued supply constraints relative to historical norms.
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12 Dec 2024

economy

Dalian Commodity Exchange: 12 December 2024

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

economy

Oil climbed higher on China's economic stimulus, Middle East tension

China’s top leadership, during a recent Politburo meeting, unveiled plans to adopt a "moderately loose policy" alongside additional fiscal measures designed to bolster consumption and rejuvenate economic growth.
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11 Dec 2024

economy

Dalian Commodity Exchange: 11 December 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 11 December 2024 settled as follows:
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10 Dec 2024

economy

Oil prices surged over 1% as China signaled more aggressive stimulus in 2025

The market's positive response followed China's signaling of a comprehensive stimulus and fiscal package designed to reignite domestic consumption and address the country's protracted economic slowdown.
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10 Dec 2024

economy

Dalian Commodity Exchange: 10 December 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 10 December 2024 settled as follows:
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09 Dec 2024

economy

Oil prices dipped to three-week lows amid projected supply surplus in 2025

OPEC+, which represents nearly half of global oil supply, announced plans to gradually increase production starting in April 2025. The 18-month phased approach will reverse previous output cuts at a slower pace than initially expected.
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