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economy

Saudi Aramco increased domestic ethane and diesel prices, raising costs for the petrochemical sector
16 Jan 2025 The hikes are expected to exert additional financial pressure on Saudi Arabia’s petrochemical sector, which is already grappling with weakened global demand and intensified competition from China and the United States.
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16 Jan 2025

economy

Oil surged over 2% on large US stockpile draw and potential supply disruptions

Oil prices climbed more than 2% on Wednesday, driven by a significant decline in US crude inventories and heightened concerns over potential supply disruptions following new US sanctions on Russian oil.
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16 Jan 2025

economy

EIA: US crude oil inventories declined for the eighth consecutive week

Meanwhile, refinery utilization rates decreased to 91.7%, down from 93.3% the previous week. Despite this decline, total gasoline inventories continued to build, rising by 5.9 million barrels to reach 243.6 million barrels.
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16 Jan 2025

economy

Dalian Commodity Exchange: 16 January 2025

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 16 January 2025 settled as follows:
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15 Jan 2025

economy

European Union imposes definitive anti-dumping duties on PVC imports from Egypt and the USA

The European Commission has imposed definitive anti-dumping duties (ADD) on imports of suspension PVC (s-PVC) originating from Egypt and the United States, effective January 9, 2025.
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15 Jan 2025

economy

Dalian Commodity Exchange: 15 January 2025

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 15 January 2025 settled as follows:
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14 Jan 2025

economy

Oil prices surged 2% amid expanded US sanctions on Russian exports

The United States implemented its most stringent and comprehensive sanctions on Russia’s oil sector last week, targeting major exporters, insurance providers, and over 150 tankers.
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14 Jan 2025

economy

Dalian Commodity Exchange: 14 January 2025

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 14 January 2025 settled as follows:
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