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economy

Oil prices surge amid FED rate cut speculation and geopolitical tensions
18 Sep 2024 The price surge comes after over 12% of crude production in the U.S. Gulf of Mexico was shut down due to damage caused by Hurricane Francine last week. The disruptions have bolstered oil prices in four of the last five trading sessions.
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18 Sep 2024

economy

Freightos: Weekly Ocean Freight Index Update

Industry experts report that East Coast ports have already begun scaling down operations. Even a limited strike would trigger a mandatory lockout across all USMX ports under their bylaws, exacerbating disruptions.
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18 Sep 2024

economy

Dalian Commodity Exchange: 18 September 2024 (Night trading)

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 18 September 2024 settled as follows:
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18 Sep 2024

economy

Dalian Commodity Exchange: 18 September 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 18 September 2024 settled as follows:
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17 Sep 2024

economy

Oil edged higher as supply disruptions overshadow Chinese demand concerns

Over 12% of crude oil production and 16% of natural gas output in the Gulf of Mexico remained offline due to the impact of Hurricane Francine, according to the US Bureau of Safety and Environmental Enforcement.
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17 Sep 2024

economy

Brazil’s Petrobras to invest $3.6 billion to expand refinery and petrochemical complex

Petrobras is the second-largest shareholder in Braskem, Brazil’s only petrochemical producer. The company will allocate 13 billion reais to the construction of a new plant in Itaboraí, focused on producing petrochemical derivatives, with another 7 billion reais dedicated to expanding a nearby refinery.
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13 Sep 2024

economy

Oil surged over 2% amid Gulf of Mexico production shutdowns

Oil prices rose sharply on Thursday, climbing more than 2% as the market evaluated the damage to US Gulf of Mexico oil output following the passage of Hurricane Francine.
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13 Sep 2024

economy

Dalian Commodity Exchange: 13 September 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 13 September 2024 settled as follows:
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