Industry News

Crude oil price to rebound due to Dubai’s Jebel Ali port fire accident

Views : 271
Update time : 2021-07-08 18:04:06
On July 7th happened in Jebel Ali Port from the market, there’s a fire accident , which is the main commercial hub in Dubai, the United Arab Emirates.

The fire accident happened on a container ship’s explosion, which also caused huge tremors across the whole neighborhoods within around 25 kilometers.

The accident did influence the crude oil price, which caused the crude oil price on the West Texas Intermediate to rebound by over 0.5% intraday.
Related News
Read More >>
CHALCO invests CNY 906.45 million to boost Yunnan Aluminum Foil CHALCO invests CNY 906.45 million to boost Yunnan Aluminum Foil
Dec .19.2025
CHALCO invests CNY 906.45 million to boost Yunnan Aluminum Foil
AM Green & Mitsui partner for world’s first integrated green aluminum platform AM Green & Mitsui partner for world’s first integrated green aluminum platform
Dec .19.2025
AM Green & Mitsui partner for world’s first integrated green aluminum platform
Indonesia seeks India's partnership to reduce stainless steel reliance on China Indonesia seeks India's partnership to reduce stainless steel reliance on China
Dec .19.2025
Indonesia seeks India's partnership to reduce stainless steel reliance on China
Global primary aluminum market has supply shortage of 108,700 tons in Oct Global primary aluminum market has supply shortage of 108,700 tons in Oct
Dec .19.2025
Global primary aluminum market has supply shortage of 108,700 tons in Oct