May 07, 2026 6:23 a.m.
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economy

Freightos Baltic: Ocean spot rates fall across major trades as tariffs and oversupply weigh
09 Oct 2025 Global container freight rates extended their decline last week, with the transpacific and Asia–Europe trades registering sharp corrections amid soft post–Golden Week demand and persistent capacity expansion.
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09 Oct 2025

economy

EIA: Crude stocks built as imports surged; product draws signalled seasonal slowdown

US commercial crude inventories rose in the week ending 3 October, marking the second consecutive build as higher imports outweighed steady exports and elevated refinery throughput
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09 Oct 2025

economy

Dalian Commodity Exchange: 09 October 2025

The 2601 for January 2026 delivery contract on Dalian Commodity Exchange on 30 September 2025 settled as follows:
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08 Oct 2025

economy

Oil stayed flat as OPEC+ hiked outputs smaller than expected

Oil prices were largely unchanged on Tuesday as traders weighed a modest production increase from the producer alliance against growing signs of oversupply heading into the year-end.
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08 Oct 2025

economy

INEOS to shut two German plants amid ‘industrial suicide’ fears for Europe

INEOS plans to shut two of its production units in Rheinberg, Germany, as soaring energy costs, rising carbon prices, and insufficient tariff protection continue to erode Europe’s chemical competitiveness.
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07 Oct 2025

economy

Oil gained as OPEC+ delivered smaller output hike than expected

Traders saw the move as a sign that several members are near production limits, reducing the group’s ability to lift supply further.
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07 Oct 2025

economy

Japan’s polyolefin leaders move to consolidate domestic operations

The move seeks to strengthen cost competitiveness, enhance technological collaboration, and reinforce Japan’s position in an increasingly constrained polyolefin market.
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07 Oct 2025

economy

ExxonMobil to cut 2,000 jobs globally, with Singapore operations among those affected

Market talks indicated that ExxonMobil is considering shutting one of its cracking units at the Singapore chemical complex in early 2026
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