Jul 29, 2026 12:09 a.m.
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economy

Optimism on Hormuz flow recovery and impending OPEC+ supply hikes drag crude to four-month lows
02 Jul 2026 Brent crude dropped 1.89% to a four-month low as advancing US-Iran ceasefire negotiations in Doha advances towards a full recovery of Hormuz flows and a projected OPEC+ production hike aggressively dismantled remaining Q2 geopolitical risk premiums.
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02 Jul 2026

economy

Commodity Exchange: 02 July 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 92 July 2026 session with the following settlements.
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01 Jul 2026

economy

India’s petrochemical import relief receives extension as gradual normalisation targeted

The conflict left domestic petrochemical supply tighter than usual, and the duty waiver was designed to plug the gap by keeping import costs down for downstream users.
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01 Jul 2026

economy

Freightos Baltic: Transpacific rates jump 8% as peak season demand outpaces oil market risk

Carriers are preparing further increases for early July, and how well those hikes stick will offer the clearest signal yet of where this year's peak season stands.
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01 Jul 2026

economy

Commodity Exchange: 01 July 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 30 June 2026 session with the following settlements.
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01 Jul 2026 Brent NYMEX

economy

Brent anchored near $73 to close worst quarter since pandemic as Doha diplomacy stalls

Brent stabilized near $73 to cap its worst quarterly decline since 2020 as a temporary wave of cleared Gulf supply and record US production overrode a diplomatic downgrading of US-Iran peace talks in Doha, dragging prices near pre-war baselines.
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30 Jun 2026

economy

Commodity Exchange: 30 June 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 30 June 2026 session with the following settlements.
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30 Jun 2026 Brent NYMEX

economy

Brent rebounded to $73.15 as US-Iran strikes expose ceasefire fragility; 75% Hormuz recovery caps gains

Brent crude rebounded as renewed US-Iran military strikes injected fresh risk premium into the market, though price gains were heavily capped by Saudi export resumptions and a partial 75% recovery in Gulf transit volumes despite lingering maritime threats.
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