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economy

Oil jumped over 2.5% past $90 as Hormuz transit halts and US-Iran rhetoric escalates
18 Aug 2026 Global crude benchmarks surged more than 2.5% on Monday, with Brent breaching the $90-a-barrel threshold as a near-total halt in Strait of Hormuz vessel transits and hardening diplomatic rhetoric between Washington and Tehran intensified global supply deficit concerns.
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18 Aug 2026

economy

Lotte Chemical accelerates overseas retreat as downcycle squeezes margins

Lotte Chemical Corp is reviewing market conditions and actively searching for potential buyers to offload its overseas basic chemical operations, reviving divestment plans across Southeast Asia and the United States to contain balance-sheet leverage amid a protracted regional downcycle.
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18 Aug 2026

economy

Commodity Exchange: 18 August 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 18 August 2026 session with the following settlements.
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17 Aug 2026 Brent NYMEX

economy

Oil advanced over 1.5% on fresh Hormuz tanker attacks and stalled ceasefire talks

Global crude benchmarks advanced more than 1.5% on Friday, lifted by renewed maritime strikes in the Strait of Hormuz, Russian export disruptions, and escalating geopolitical friction between Washington and Tehran.
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17 Aug 2026

economy

India's emergency LPG targets expose downstream petrochemical feedstock risks

India’s newly mandated liquefied petroleum gas (LPG) contingency targets strengthen domestic energy security but introduce structural vulnerabilities for the downstream petrochemical sector, threatening feedstock availability for propylene and polypropylene (PP) producers during supply disruptions.
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17 Aug 2026

economy

Commodity Exchange: 17 August 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 17 August 2026 session with the following settlements.
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14 Aug 2026 Brent NYMEX

economy

Oil dropped 2% as massive US crude build and demand downgrades override Hormuz impasse

Global crude benchmarks fell more than 2% on Thursday, snapping a multi-session rally as a massive surge in US crude inventories and downgraded global demand forecasts overshadowed ongoing Middle Eastern supply disruptions.
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14 Aug 2026

economy

Commodity Exchange: 14 August 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 14 August 2026 session with the following settlements.
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