Transpacific container rates touched fresh annual highs in the week to 30 September 2026, lifted by a bilateral US–China trade truce and severe origin berth delays, whilst Europe-bound lanes extended their steep correction on expanding Red Sea transits.
US commercial crude inventories rose 922,000 barrels to 427.3 million barrels in the week ended September 25, the EIA said, roughly triple the 264,000 barrel draw analysts had expected in a Reuters poll, the second straight week the data has wrong-footed consensus in the same direction.
Global crude oil futures dropped roughly 2.5% on Tuesday as recovering Middle Eastern export flows and the resumption of tanker loadings at Saudi Arabia’s Yanbu port eased supply concerns, though lingering geopolitical risks kept benchmarks on track for monthly gains.
Global crude futures settled slightly higher on Monday, paring an early four-dollar surge as expectations of Qatari-mediated negotiations tempered supply concerns following US President Donald Trump’s rejection of an Iranian proposal to reopen the Strait of Hormuz.
Thailand's PP market is caught between a surge of foreign supply and a regional feedstock squeeze, and Bangkok has chosen this moment to raise a protective wall. The Committee on Safeguard Measures, chaired by the Ministry of Commerce, has approved a three-year safeguard duty on imported PP products,