18 Jun 2026 Brent NYMEX
Oil prices edged up 1% as executive doubts over the finality of the US-Iran accord and a historic 1985 low in US inventories triggered a technical bounce, while IEA warnings of a massive 2027 supply glut capped broader gains.
18 Jun 2026
Total crude inventories, plunged by 17.2 million barrels last week, their lowest level since March 1985 and a drop that has now reached 96.25 million barrels since the start of the Iran war
Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 18 June 2026 session with the following settlements.
17 Jun 2026
Global crude benchmarks plunged by more than 5% on Tuesday, 16 June, extending losses to their lowest levels in three months as details emerged of an interim agreement between the US and Iran
Global ocean freight rates continued to edge higher in the week to 17 June, although the pace of increase has moderated markedly as geopolitical tensions in the Middle East show signs of easing.
Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 17 June 2026 session with the following settlements.
16 Jun 2026 Brent NYMEX
Crude benchmarks crashed nearly 5% to three-month lows as the signing of a US-Iran peace memorandum and a 30-day timeline to reopen the Strait of Hormuz dismantled entrenched conflict premiums.
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