Global crude oil futures rebounded on Wednesday as fresh Houthi strikes in Yemen, stalled Qatari peace mediation in Tehran, and an unexpected US crude inventory draw outweighed fresh Chinese fuel export quotas.
Global east–west container benchmarks climbed across all four primary corridors in the week to 28 October 2026, as Far East berth congestion and November rate pushes outweighed cooling post-peak demand.
Global crude oil futures dropped nearly $2 on Tuesday as diplomatic progress in Tehran and rebounding Russian refinery throughput spurred selling, though a ballistic missile attack on Saudi Arabia's Ras Tanura refinery checked the retreat.
India's Directorate General of Trade Remedies (DGTR), under the Ministry of Commerce and Industry, has recommended imposing countervailing duties (CVD) on imports of PVC Suspension Resin originating in or exported from China.