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economy

Oil plummeted below $100 on ceasefire announcement despite persistent physical blockades
09 Apr 2026 A US-Iran ceasefire drove crude below $100, unwinding risk premiums despite persistent maritime blockades and kinetic strikes on Saudi infrastructure.
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09 Apr 2026

economy

Media: China pivoting to coal-based polymers as margins soar, threatening oil-dependent regional peers

Now, domestic coal adds an extra layer of insulation, providing a resilient, cost-advantaged base while regional peers face halted operations and price controls amid constrained naphtha and propane.
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09 Apr 2026

economy

EIA: US crude stockpiles remain near three year high amid global oil risks

The SPR releases could have been aimed to ease price pressure amid the US Israel war in Iran, which has elevated risk premiums.
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09 Apr 2026

economy

Commodity Exchange: 09 April 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 09 April 2026 session with the following settlements.
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08 Apr 2026

economy

Oil settled mixed as severe physical tightness propels WTI amid Kharg Island strikes

Crude benchmarks diverged as acute prompt-market physical shortages and reported kinetic strikes on Iran's Kharg Island export terminal propelled US WTI to maintain a rare premium over Brent.
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08 Apr 2026

economy

Freightos Baltic: Container rates flip positive year-on-year despite weak demand as fuel constraints bite

Surging fuel costs and Middle East bottlenecks have flipped global container rates positive year-on-year, defying weak seasonal demand.
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08 Apr 2026

economy

Commodity Exchange: 08 April 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 08 April 2026 session with the following settlements.
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07 Apr 2026 Brent NYMEX

economy

Oil edged higher as heated US-Iran rhetoric countered selective Hormuz transits

Crude benchmarks edged higher as escalating US-Iran diplomatic tensions and record Saudi premiums overshadowed the marginal relief of isolated vessel transits through the Strait of Hormuz.
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