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economy

Oil prices held steady amid dollar weakness and supply recovery in Western Europe
20 Nov 2024 However, upward momentum in oil prices was limited by the partial resumption of production at a major oil facility in Western Europe. Furthermore, a Reuters survey of analysts projects a smaller-than-anticipated inventory build
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20 Nov 2024

economy

Dalian Commodity Exchange: 20 November 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 20 November 2024 settled as follows:
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19 Nov 2024

economy

Oil prices surged over 3% amid production disruptions and weakening US Dollar

Global crude oil benchmarks saw a significant rise on Monday, November 18, driven by production disruptions at two key oil facilities. At the same time, a weakening US dollar also contributed to higher commodity prices
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19 Nov 2024

economy

Dalian Commodity Exchange: 19 November 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 19 November 2024 settled as follows:
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18 Nov 2024

economy

Oil slid more than 2% amid Chinese demand concerns, stronger US dollar

On the supply side, the International Energy Agency (IEA) has projected a significant global oil surplus of over 1 million barrels per day in 2024, primarily due to weaker Chinese demand.
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18 Nov 2024

economy

Dalian Commodity Exchange: 18 November 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 18 November 2024 settled as follows:
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15 Nov 2024

economy

Oil inched higher on larger-than-expected draw in US fuel stocks

The US Energy Information Administration reported a sharp drop in gasoline inventories, down 4.4 million barrels last week—significantly lower than a forecast in a Reuters poll,
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15 Nov 2024

economy

EIA: US crude stockpiles swell amid rising imports, gasoline stocks hit a two-year low

Crude imports averaged 6.5 million barrels per day (bpd) during the reporting week, marking an increase of 269,000 bpd from the previous week. This is in addition to domestic oil production levels of 13.4 million bpd.
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