May 03, 2026 4:44 a.m.
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economy

Summer demand convergence propelled Brent to $120 as massive US inventory draws expose prolonged maritime blockade
30 Apr 2026 Crude breached $120 as the violent convergence of peak summer demand and a 6-million-barrel US inventory draw compounded the physical reality of a months-long maritime blockade.
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30 Apr 2026

economy

Official data: China factory expansion holds as Middle East-related disruptions fuel export surge despite domestic slowdown

China’s manufacturing sector extended its expansion for a second consecutive month in April, supported by firmer production and a short-lived boost in external demand as exporters rushed shipments amid rising Middle East tensions.
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30 Apr 2026 Brent NYMEX

economy

EIA: Atlantic Basin demand surge sends US crude into historic net exporter territory

With Middle East supply routes constrained, Europe and Asia have increasingly turned to Atlantic Basin barrels, intensifying pull on US crude and lifting outbound flows.
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30 Apr 2026

economy

Commodity Exchange: 30 April 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 30 April 2026 session with the following settlements.
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29 Apr 2026

economy

Thailand's chemical giants unite to forge a regional heavyweight

The proposed venture would pool PTTGC's olefins and polyolefins asset base with SCGC's business units across crackers, PE and PP production facilities, as well as SCGC's relevant joint venture companies.
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29 Apr 2026

economy

Freightos Baltic: Rates establish elevated floor as overcapacity and easing bunker costs blunt war surcharges

A moderate easing in bunker costs and weak seasonal demand are capping global container rates, preventing carriers from fully enforcing war-related surcharges.
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29 Apr 2026

economy

Commodity Exchange: 29 April 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 29 April 2026 session with the following settlements.
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29 Apr 2026

economy

Brent surged past $100 as Hormuz blockage dwarfs UAE OPEC exit

Brent surged back above the $100/barrel threshold on Tuesday, 28 April 2026, as escalating disruptions in the Strait of Hormuz eclipsed the market impact of the United Arab Emirates’s decision to exit OPEC
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