Bilateral strike suspension and nominal OPEC+ target hikes limit oil benchmark advances after early 5% surge

09 Jun 2026 Oil finished higher as a tentative halt to direct Israel-Iran strikes neutralized an early 5% surge, while expanding Red Sea shipping threats and a nominal OPEC+ output hike left physical balances structurally constrained.

08 Jun 2026

SCG Chemicals divests IDR 14.1 trillion in Chandra Asri shares, cuts stake to 15.71%

Thailand's SCG Chemicals has sold nearly half its stake in PT Chandra Asri Pacific Tbk over four trading days, raising the Indonesian petrochemical major's public free float to 25.7% and signalling a strategic reallocation of capital by its Thai parent.

08 Jun 2026 Brent NYMEX

Resilient export logistics and de-escalation sentiment depressed oil benchmarks despite positive weekly print

Oil prices fell over 2% on Friday as mounting de-escalation confidence and resilient Omani export flows overshadowed a weekly benchmark advance and Hezbollah's rejection of the Levant truce.

08 Jun 2026

Commodity Exchange: 08 June 2026

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

05 Jun 2026 Brent NYMEX

Sovereign supply cuts and discounting regimes squeeze oil benchmarks as Levant truce revives diplomatic channels

Oil prices fell 3% as a landmark Israel-Lebanon ceasefire revived hopes for a diplomatic opening of the Strait of Hormuz, eclipsing a massive draw in U.S. inventories and falling Russian output.

05 Jun 2026

Commodity Exchange: 05 June 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 05 June 2026 session with the following settlements.

04 Jun 2026 Brent NYMEX

Renewed regional missile strikes and severe inventory drawdowns propel oil benchmarks upward

Oil futures surged 2% as Iranian ballistic missile strikes and a massive 8 million-barrel draw in U.S. stockpiles compounded IEA warnings of critical global supply shortages.

04 Jun 2026 PPRC Inj PPH Raf

Indonesia's KADI recommends anti-dumping duties on homo-PP imports from eight countries

KADI confirmed that duties apply strictly by producer of origin, meaning trading houses and distributors carry the tariff rate of the manufacturer that produced the cargo.

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