TEMPE, Ariz. — November 1, 2024 — Economic activity in the manufacturing sector contracted in October for the seventh consecutive month and the...
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The benchmark West Texas Intermediate (WTI) trades around $68.60 in early Asian markets on Friday, hovering around 68.37 recorded on Thursday, the lowest since December 2023. Crude oil prices depreciate due to concerns over demand in both the United States and China. The US ISM Manufacturing PMI indicated that factory activity contracted for the fifth consecutive month, with the pace of decline slightly exceeding expectations. Additionally, the world’s biggest crude importer, China, showed that manufacturing activity fell to a six-month low in August, with factory gate prices dropping significantly. On Thursday, the US Energy Information Administration (EIA) reported a Crude
TEMPE, Ariz. — November 1, 2024 — Economic activity in the manufacturing sector contracted in October for the seventh consecutive month and the...
Oil prices held at more than one-month lows, after sliding in the previous two sessions, as markets weighed a potential ceasefire between Israel and...
US manufacturing activity shrank in October for a seventh month to the lowest reading since July 2023, dragged down by a drop in production and...
Oil prices rose on Thursday, extending the previous day's rally, driven by optimism over U.S. fuel demand following an unexpected drop in crude and...
Fresh data out Thursday showed the US economy remains on track to grow at a solid pace through the end of 2024. S&P Global’s flash US...
South Korean feed importer Nonghyup Feed Inc (NOFI) concluded its feed wheat tender on Thursday November 7, purchasing around 63,000 tonnes of the...
Soyoil futures in Chicago spiked on Thursday October 31 to trade near a three-month high, with underlying support from higher crude oil prices and as...
Soybean futures were up on the Chicago Mercantile Exchange on Monday November 4, supported by a weaker US Dollar Index, and an increase in crude oil...
Crude palm oil (CPO) futures surged to a fresh 28-month high on Friday November 1 as trading resumed after the public holiday break in Malaysia on...