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economy

Media: Heavy port congestion exacerbates container shortages, no short-term let-up
10 Jun 2024 Shipping lines are rushing to order more boxes to fill in the shortfall. Shipping container manufacturers in China are ramping up operating rates with ‘most of the factories are having full or significant orders'
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07 Jun 2024

economy

Oil climbed nearly 2% on ebbing over-supply fears, interest rate cuts optimism

International benchmarks for crude oil advanced for the second day in a row on Thursday, 6 June 2024 after Saudi said OPC+ could pause or reverse oil output boost
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07 Jun 2024

economy

Dalian Commodity Exchange: 07 June 2024

The 2409 for September 2024 delivery contract on Dalian Commodity Exchange on 07 June 2024 settled as follows:
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06 Jun 2024

economy

Oil rebounded from four-months lows on revived interest rate cuts hope

International benchmarks for crude oil rose about 1% on Wednesday, 05 June 2024, effectively halting the five-day losing streak that sent the market to the lowest levels in four months.
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06 Jun 2024

economy

EIA: US commercial crude inventories saw another gain; gasoline stocks jumped

The report showed that US refineries processed 17.1 million barrels of crude per day during the week – the highest since December 2019 with utilization rates rose by 1.1% to 95.4% of the total capacity.
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06 Jun 2024

economy

Dalian Commodity Exchange: 06 June 2024 (Night trading)

The 2409 for September 2024 delivery contract on Dalian Commodity Exchange on 06 June 2024 settled as follows:
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06 Jun 2024

economy

Dalian Commodity Exchange: 06 June 2024

The 2409 for September 2024 delivery contract on Dalian Commodity Exchange on 06 June 2024 settled as follows:
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05 Jun 2024

economy

Oil market extended losses in the aftermath of OPEC+’s output decision

International benchmarks for crude oil fell for the fifth consecutive session on Tuesday, 04 June 2024 as investors focused heavily on OPEC+’s decision to bring more barrels back to the market.
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