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
Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 14 July 2026 session with the following settlements.
13 Jul 2026
Global crude benchmarks contracted on Friday as diplomatic interventions eased fears of a prolonged maritime blockade, though underlying geopolitical vulnerabilities secured substantial net gains for the week.
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