Jun 24, 2026 9:42 a.m.
Sign In | Register

News Economy & Industry

economy

Oil slid lower on cautious Hormuz restart as maritime bottlenecks and depleted reserves establish price floor
24 Jun 2026 Crude benchmarks extended their systemic sell-off on Tuesday, with both contracts touching near four-month intraday lows before settling roughly 1% lower.
Title
Title

23 Jun 2026

economy

Indonesia ratifies zero-tariff petrochemical incentives; market awaits official decree and enactment date

The Indonesian government has ratified the elimination of import duties on LPG and key plastic raw materials, though the petrochemical sector remains in a holding pattern pending the official legal decree and a definitive implementation date.
Title

23 Jun 2026 Brent NYMEX

economy

Diplomatic progress and Strait reopening collapsed Brent 3.31% following intraday war premium spike

Brent erased an early geopolitical spike to settle lower as verified Strait of Hormuz transit, US-authorised Iranian petrochemical sales, and a 60-day ceasefire extension aggressively deleveraged spot supply risks.
Title

23 Jun 2026

economy

Commodity Exchange: 23 June 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 23 June 2026 session with the following settlements.
Title

22 Jun 2026 Brent NYMEX

economy

Iranian transit mandates support Friday Brent uptick amidst 8% weekly ceasefire collapse

Brent secured marginal Friday gains as Iranian maritime transit mandates injected localized risk premium, though the benchmark cemented an 8% weekly collapse following an Israel-Hezbollah ceasefire that threatens to unleash 85 million stranded barrels into an oversupplied 2027 market.
Title

22 Jun 2026 PET Bottle PET Chip

economy

India extends anti-dumping duty on Chinese PET resin for another five years

India has extended its anti-dumping duty on bottle-grade PET resin from China for a further five years, reinforcing a trade barrier first put in place in 2021 and signalling continued concern over the pricing behaviour of Chinese exporters in one of Asia's fastest-growing packaging markets.
Title

22 Jun 2026

economy

Commodity Exchange: 22 June 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 22 June 2026 session with the following settlements.
Title

19 Jun 2026 Brent NYMEX

economy

Diplomatic friction and institutional supply modeling stabilized Brent near $80

Brent crude rebounded near $80 as US warnings to Israel exposed the fragility of the US-Iran ceasefire, while institutional restart models clashed with a forecasted 4.9% collapse in Chinese demand.
1 2 3 4 5 … Next »
Daily Polyolefins Market
Weekly Overview
Opinion