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economy

Commodity Exchange: 26 June 2026
26 Jun 2026 Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 26 June 2026 session with the following settlements.
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25 Jun 2026

economy

EIA: US crude stocks sink to lowest since 1984 on SPR draws, refinery pull

US commercial crude inventories fell to their lowest level since 1984 last week, dropping 6.1 million barrels to 412.1 million barrels.
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25 Jun 2026

economy

Commodity Exchange: 25 June 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 25 June 2026 session with the following settlements.
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25 Jun 2026 Brent NYMEX

economy

Brent plunged 4.3% to pre-war lows as Hormuz supply flood flips market into contango

Brent crude plunged 4.3% to pre-war lows as the rapid release of 20 million barrels through the Strait of Hormuz flooded the physical market, shifting pricing into contango and overwhelming the bullish impact of historically low US inventories.
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24 Jun 2026 Brent NYMEX

economy

Oil slid lower on cautious Hormuz restart as maritime bottlenecks and depleted reserves establish price floor

Crude benchmarks extended their systemic sell-off on Tuesday, with both contracts touching near four-month intraday lows before settling roughly 1% lower.
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24 Jun 2026

economy

Freightos Baltic: Container freight markets tighten as Hormuz thaw offers selective relief

Container carriers are expected to resume feeder services into the Gulf before committing to long-haul port calls, and that caution is unlikely to lift quickly even as tanker traffic recovers.
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24 Jun 2026

economy

Commodity Exchange: 24 June 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 24 June 2026 session with the following settlements.
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23 Jun 2026

economy

Indonesia ratifies zero-tariff petrochemical incentives; market awaits official decree and enactment date

The Indonesian government has ratified the elimination of import duties on LPG and key plastic raw materials, though the petrochemical sector remains in a holding pattern pending the official legal decree and a definitive implementation date.
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