Jun 29, 2026 3:12 p.m.
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economy

Sovereign supply cuts and discounting regimes squeeze oil benchmarks as Levant truce revives diplomatic channels
05 Jun 2026 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.
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05 Jun 2026

economy

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.
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04 Jun 2026 Brent NYMEX

economy

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.
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04 Jun 2026 PPRC Inj PPH Raf

economy

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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04 Jun 2026 Brent NYMEX

economy

EIA: US crude inventories tighten further as exports remain healthy and refiners sustain near-95% utilisation

The decline came as buyers in Asia and Europe continued seeking alternatives to Middle Eastern crude and refined products disrupted by the ongoing Iran war, now entering its fourth month.
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04 Jun 2026

economy

Commodity Exchange: 04 June 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 04 June 2026 session with the following settlements.
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03 Jun 2026 Brent NYMEX

economy

Persistent maritime paralysis and expanded geopolitical deadlocks propel crude to one-week highs

Crude benchmarks rallied to a one-week high as a widening US-Iran diplomatic impasse over Lebanon left the critical Strait of Hormuz blocked, preserving a 50% structural conflict premium.
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03 Jun 2026

economy

Official data: China factory activity stalls in May as export orders and demand slip below expansion threshold

China's manufacturing sector stalled in May, with the official PMI settling precisely at 50.0, the threshold separating expansion from contraction.
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