26 Jan 2026
Oil prices surged nearly 3% on Friday, 23 January 2026, as escalating Middle East tensions and a sharply weaker dollar reignited risk premiums across energy markets.
Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 26 January 2026 session with the following settlements.
23 Jan 2026
Oil prices retreated to one-week lows on Thursday, shedding around 2% as geopolitical risk premiums ebbed and bearish US inventory data weighed on sentiment.
US commercial crude oil inventories (excluding the Strategic Petroleum Reserve) increased by 3.6 million barrels to 426.0 million barrels in the week ending 16 January 2026.
Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 23 January 2026 session with the following settlements.
22 Jan 2026
Crude extended its gains on Wednesday, underpinned by fresh supply concerns following temporary shutdowns at key Kazakh fields and persistently weak Venezuelan export flows
Ocean freight on major east–west trade lanes softened in the previous week, flashing a possibility that the pre-Lunar New Year shipping demand has already peaked.
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