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economy

Oil prices surged amid rising US demand and looming Middle East crisis
11 Oct 2024 Hurricane Milton, which battered Florida, has exacerbated the situation by severely disrupting fuel distribution. The storm forced the closure of key fuel terminals, delayed tanker deliveries, and halted pipeline operations, deepening supply chain stress in the US market.
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11 Oct 2024

economy

ExxonMobil launches new polymers brand for enhanced industry collaboration

ExxonMobil has introduced Signature Polymers, a new brand unifying its polyolefin products. This initiative is designed to simplify product selection and strengthen partnerships across the value chain.
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11 Oct 2024

economy

Dalian Commodity Exchange: 11 October 2024

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

economy

Oil slipped on rising US commercial stockpiles, but Middle East tensions temper losses

Oil prices fell on Wednesday after the U.S. Energy Information Administration (EIA) reported a significant increase in US commercial crude inventories. However, concerns over potential supply disruptions amid escalating tensions in the Middle East tempered the decline.
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10 Oct 2024

economy

EIA: US commercial crude oil inventories rose while refinery activity slowed

Refinery inputs averaged just 15.6 million barrels per day, down by 101,000 barrels from the prior week, as utilization rates slid to 86.7% of total capacity, compared to 87.1% previously.
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10 Oct 2024

economy

Dalian Commodity Exchange: 10 October 2024

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

economy

Freightos: Weekly Ocean Freight Index Update

Freight rates have eased significantly due to the end of peak shipping season and the conclusion of the International Longshoremen’s Association’s (ILA’s) three-day labour strike on the East and Gulf coasts of the US.
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09 Oct 2024

economy

Dalian Commodity Exchange: 09 October 2024

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