Jun 05, 2026 4:26 a.m.
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Commodity Exchange: 08 May 2026
08 May 2026 Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 08 May 2026 session with the following settlements.
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07 May 2026

economy

EIA: US crude inventories post smaller-than-expected draw as Iran war continues to roil global oil trade dynamics

Despite the headline build in expectations gap, market reaction remains relatively contained, with the draw largely viewed as export-driven rather than a reflection of stronger domestic demand, according to analysts.
Title

07 May 2026

economy

Crude oil prices tumble as US-Iran peace prospects ease supply fears

The sharp decline followed reports that the United States and Iran were nearing an initial peace agreement that could eventually pave the way for the gradual reopening of the Strait of Hormuz
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07 May 2026

economy

Commodity Exchange: 07 May 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 07 May 2026 session with the following settlements.
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06 May 2026

economy

Freightos Baltic: Renewed Gulf escalation stokes freight risk, but trade flows remain largely intact

A US naval intervention in the Strait of Hormuz has shattered regional ceasefire stability, though global container rates remain heavily constrained by weak seasonal demand.
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06 May 2026 Brent NYMEX

economy

Diplomatic ceasefire affirmation drove 4% crude selloff amid heavily militarised Hormuz transit resumptions

Crude futures fell 4% as the US affirmed its diplomatic ceasefire posture and successfully escorted two merchant vessels through the Strait of Hormuz, temporarily unwinding geopolitical risk premiums.
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06 May 2026

economy

Commodity Exchange: 06 May 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 06 May 2026 session with the following settlements.
Title

05 May 2026 Brent NYMEX

economy

Global crude benchmarks violently repriced as sovereign strikes on UAE infrastructure expand maritime containment zones

Crude futures spiked 6% as a severe kinetic escalation involving sovereign strikes on a UAE oil port and active US-Iran naval combat shattered the existing maritime containment zone.
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