12 Jun 2025
The US Energy Information Administration (EIA) has reported a notable drop in commercial crude oil inventories last week, driven by stronger refinery activity as the sector enters the peak season.
The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 12 June 2025 settled as follows:
11 Jun 2025
Global ocean freight markets saw a sharp and widespread escalation in rates over the past week, driven by robust early peak season demand and frontloading activity ahead of looming tariff changes.
Several Indian importers have confirmed that containers carrying Taiwanese-origin PVC were onboard at the time of the incident.
The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 11 June 2025 settled as follows:
Oil prices retreated slightly on Tuesday but remained close to seven-week highs, as traders balanced cautious optimism over US–China trade talks with renewed concerns about global economic growth and tariff risks.
10 Jun 2025
International crude oil prices surged to multi-week highs on Monday, lifted by renewed optimism surrounding US-China trade negotiations and a weaker US dollar that helped bolster investor sentiment across energy markets.
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