16 Jul 2026
US commercial crude inventories fell by 1.7 million barrels in the week ending July 10, lowering total stocks to 409.7 million barrels as refiners accelerated operations and imports held steady.
Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 16 July 2026 session with the following settlements.
15 Jul 2026
The rally has been driven mainly by an unusually early peak season rather than fuel costs. Frontloading ahead of transpacific tariff changes, combined with Hormuz-linked cost pressures prompting early east-west bookings
Global crude benchmarks extended gains on Tuesday to settle at one-month highs, as the enforcement of a US naval blockade and retaliatory attacks on shipping infrastructure intensified global supply anxieties.
Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 15 July 2026 session with the following settlements.
14 Jul 2026
China's manufacturing PMI returned to expansionary territory in June, reading 50.3, up 0.3 percentage points from May and back above the 50 threshold.
Global crude benchmarks surged on Monday as the United States' announcement of a total naval blockade along the Iranian coastline triggered immediate market panic
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