29 Apr 2026
A moderate easing in bunker costs and weak seasonal demand are capping global container rates, preventing carriers from fully enforcing war-related surcharges.
Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 29 April 2026 session with the following settlements.
Brent surged back above the $100/barrel threshold on Tuesday, 28 April 2026, as escalating disruptions in the Strait of Hormuz eclipsed the market impact of the United Arab Emirates’s decision to exit OPEC
28 Apr 2026 Brent NYMEX
Crude futures breached $108 as stalled peace negotiations and a strict US naval blockade stranded up to 13 million barrels per day, driving global consumers to aggressively pull from US refining hubs.
28 Apr 2026
Indonesia is set to temporarily eliminate import tariffs on LPG and key polymer feedstocks to ease downstream inflationary pressures.
Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 28 April 2026 session with the following settlements.
27 Apr 2026
The successive targeting underscores a growing structural exposure within China’s independent refining complex, particularly its elevated exposure to sanctioned crude flows.
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