Oil prices climbed as markets weighed shifting supply signals and geopolitics

10 Mar 2025 Oil prices edged higher on Friday as investors navigated shifting supply signals and renewed geopolitical tensions. Market sentiment remained fluid, shaped by OPEC+ output considerations and potential US measures targeting Russia and Iran.

10 Mar 2025

Media: South Korea’s Lotte Chemical to sell 25% stake in Indonesian subsidiary

Lotte Chemical Corporation (LCC) has announced plans to sell a 25% stake in its Indonesian subsidiary, Lotte Chemical Indonesia (LCI), through a Price Return Swap (PRS) agreement. The move aims to strengthen LCC’s financial position amid ongoing challenges in the petrochemical sector.

10 Mar 2025

Dalian Commodity Exchange: 10 March 2025

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 10 March 2025 settled as follows:

07 Mar 2025

Dalian Commodity Exchange: 07 March 2025

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 07 March 2025 settled as follows:

07 Mar 2025

Crude edged higher amid trade policy shifts and hints of stricter sanctions

Oil prices posted modest gains on Thursday, 6 March 2025, as markets reacted to erratic shifts in US trade policies and signals of intensified restrictions on global crude exports.

06 Mar 2025

Oil fell more than 2% on higher US stockpiles and concerns over US tariffs

Data from the US Energy Information Administration (EIA) showed crude stockpiles rising by 3.6 million barrels to 433.8 million barrels last week, far outpacing analysts’ expectations of a 341,000-barrel increase.

06 Mar 2025

EIA: US crude oil inventories rose unexpectedly amid ongoing refinery maintenance

According to data from the US Energy Information Administration (EIA), US commercial crude oil inventories rose by 3.6 million barrels to 433.8 million barrels for the week ending 28 February 2025.

05 Mar 2025

Oil extended losses amid deepening trade tensions and bearish demand expectations

The move triggered swift retaliation from China, which raised tariffs by 10–15% on select US agricultural and food products. This triggered fears over potentially slower global economic activity and curbed energy demand.

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