May 21, 2026 6:52 a.m.
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economy

Record US strategic reserve drain and massive Asian run cuts cap paper selloff amid transient diplomatic progress
20 May 2026 Crude futures edged lower on transient diplomatic optimism, but paper losses were severely capped by a record 9.9-million-barrel drain on the US Strategic Petroleum Reserve and a massive contraction in Chinese refinery runs.
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20 May 2026

economy

Commodity Exchange: 20 May 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 20 May 2026 session with the following settlements.
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19 May 2026 Brent NYMEX

economy

Crude breached $112 as 2.5-million-bpd reserve drain and impending macroeconomic contagion overshadow transient waivers

Crude futures spiked to two-week highs as a rapid 2.5-million-bpd drain on strategic reserves and crashing Chinese refinery runs exposed the severe macroeconomic contagion of the prolonged Middle Eastern blockade.
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19 May 2026

economy

Commodity Exchange: 19 May 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 19 May 2026 session with the following settlements.
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18 May 2026 Brent NYMEX

economy

Historic reserve depletion and hardened diplomatic deadlock propel global crude benchmarks to massive weekly gains

Crude futures secured massive double-digit weekly gains as a hardened US-Iran diplomatic deadlock compounded the historic exhaustion of global strategic reserves.
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18 May 2026

economy

Commodity Exchange: 18 May 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 18 May 2026 session with the following settlements.
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15 May 2026 Brent NYMEX

economy

Selective transit agreements and persistent maritime seizures leave global crude benchmarks flat

Crude futures settled flat as the politically negotiated transit of 30 vessels through the Strait of Hormuz was aggressively offset by ongoing kinetic vessel hijackings and a severe IMF global growth downgrade.
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15 May 2026

economy

Commodity Exchange: 15 May 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 15 May 2026 session with the following settlements.
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