Brazilian authorities approved raising import taxes on 29 chemical products

23 Sep 2024 The request for the tariff hike was submitted by the Brazilian Chemical Industry Association (Abiquim), which represents local chemical producers in March, citing the need to counteract aggressive foreign competition.

20 Sep 2024

Oil rose over 1% on US rate cut and shrinking stockpiles

These price increases followed the US Federal Reserve's half-point rate cut, a move intended to stimulate economic growth and potentially increase energy consumption.

20 Sep 2024

Dalian Commodity Exchange: 20 September 2024 (Night trading)

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 20 September 2024 settled as follows:

20 Sep 2024

Dalian Commodity Exchange: 20 September 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 20 September 2024 settled as follows:

19 Sep 2024

Oil slipped due to concerns about the economy’s health

Oil prices slipped on Wednesday, September 18, as the Federal Reserve's larger-than-expected rate cut intensified concerns over the health of the US economy, overshadowing a sharper-than-forecast decline in crude inventories.

19 Sep 2024

EIA: US commercial crude stockpile hit the lowest level in one year

Net US crude imports plummeted by 1.8 million barrels per day, as port activity along the Gulf Coast slowed significantly due to disruptions caused by Hurricane Francine. Meanwhile, exports surged by 1.3 million barrels per day, reaching nearly 4.6 million barrels per day.