Sep 15, 2026 3:32 a.m.
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economy

EIA: US crude stocks post consecutive sharp draws as refinery runs near capacity
11 Jun 2026 Since the Iran war began on February 28, combined commercial and strategic crude stocks have fallen by 79 million barrels.
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11 Jun 2026

economy

Commodity Exchange: 11 June 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 11 June 2026 session with the following settlements.
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10 Jun 2026 Brent NYMEX

economy

Strike suspension and Asian demand destruction plunged oil benchmarks to seven-week lows

Crude benchmarks plunged 3% to seven-week lows as a bilateral Israel-Iran strike suspension and a massive 29% collapse in Chinese imports eclipsed a projected historic drain on global inventories.
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10 Jun 2026

economy

Petronas implemented 5% statutory SST on domestic polyolefins amid customs tightening; Secondary market shifts to imports

Malaysia’s polyolefin trade flows are undergoing a structural realignment following Petronas’ enforcement of a 5% Sales and Service Tax (SST)
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10 Jun 2026

economy

India weighs extension of petrochemical tariff waivers amid severe feedstock crunch and global LPG squeeze

India is actively evaluating a structural extension of its basic customs duty exemptions on 40 critical petrochemical intermediates beyond the scheduled 30 June expiration.
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10 Jun 2026

economy

Freightos Baltic: Frontloading surge drives transpacific rates to year highs as Hormuz tensions linger

The weekly gain ranks as the steepest since tariff-driven demand spiked last June, and further increases are flagged for next week.
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09 Jun 2026

economy

Commodity Exchange: 09 June 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 09 June 2026 session with the following settlements.
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09 Jun 2026 Brent NYMEX

economy

Bilateral strike suspension and nominal OPEC+ target hikes limit oil benchmark advances after early 5% surge

Oil finished higher as a tentative halt to direct Israel-Iran strikes neutralized an early 5% surge, while expanding Red Sea shipping threats and a nominal OPEC+ output hike left physical balances structurally constrained.
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