Jul 29, 2026 12:10 a.m.
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economy

Saudi export resumptions and persistent Hormuz flows drove 10.8% weekly Brent collapse
29 Jun 2026 Crude plunged on Friday, cementing a near 11% weekly collapse as Saudi Aramco restarted Gulf terminal loadings and persistent Strait of Hormuz transit overwhelmed lagging Chinese demand and lingering Iranian maritime threats.
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29 Jun 2026

economy

Commodity Exchange: 29 June 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 29 June 2026 session with the following settlements.
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26 Jun 2026 Brent NYMEX

economy

Iranian vessel attack and UN transit freeze trigger 2% Brent rebound from oversold lows

Brent rebounded 2.1% as an Iranian attack on a cargo ship froze UN transit efforts in the Strait of Hormuz, sparking technical short-covering and raising fears of imminent upstream production cuts.
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26 Jun 2026

economy

Commodity Exchange: 26 June 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 26 June 2026 session with the following settlements.
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25 Jun 2026

economy

EIA: US crude stocks sink to lowest since 1984 on SPR draws, refinery pull

US commercial crude inventories fell to their lowest level since 1984 last week, dropping 6.1 million barrels to 412.1 million barrels.
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25 Jun 2026

economy

Commodity Exchange: 25 June 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 25 June 2026 session with the following settlements.
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25 Jun 2026 Brent NYMEX

economy

Brent plunged 4.3% to pre-war lows as Hormuz supply flood flips market into contango

Brent crude plunged 4.3% to pre-war lows as the rapid release of 20 million barrels through the Strait of Hormuz flooded the physical market, shifting pricing into contango and overwhelming the bullish impact of historically low US inventories.
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24 Jun 2026 Brent NYMEX

economy

Oil slid lower on cautious Hormuz restart as maritime bottlenecks and depleted reserves establish price floor

Crude benchmarks extended their systemic sell-off on Tuesday, with both contracts touching near four-month intraday lows before settling roughly 1% lower.
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