Mar 04, 2026 3:55 p.m.
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economy

Oil hit four-month highs on surprise US stock draw and Iran tensions
29 Jan 2026 Crude oil futures advanced to their highest levels in four months on Wednesday, buoyed by heightening geopolitical friction in the Middle East, a surprise drawdown in US inventories, and a weakening dollar.
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29 Jan 2026

economy

EIA: US crude inventories retreat on lower imports while refinery utilisation slumps

US crude oil inventories declined last week, driven by a sharp drop in imports and robust exports, even as refinery processing rates fell significantly.
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29 Jan 2026

economy

Commodity Exchange: 29 January 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 29 January 2026 session with the following settlements.
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28 Jan 2026

economy

Oil surged 3% as US winter storms cripple output and Mideast risks mount

Crude futures rallied sharply on Tuesday, underpinned by severe winter storms in the US that knocked out significant production capacity and temporarily halted exports.
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28 Jan 2026

economy

India and EU strike historic trade deal after expediting talks, amid US trade tensions

India and the European Union (EU) finalised a long-awaited trade agreement on Tuesday, cutting tariffs on most goods to expand bilateral trade and reduce dependence on the United States amid rising global trade tensions.
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28 Jan 2026

economy

Freightos Baltic: Tariff rhetoric whipsawed markets as shippers reassess risk

Global ocean freight rates were largely flat in the week to 27 January 2026, as softer demand signals offset lingering operational risks, according to Freightos Baltic data.
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28 Jan 2026

economy

Commodity Exchange: 28 January 2026

Most actively traded petrochemical futures on the Dalian and Zhengzhou Commodity Exchanges wrapped up the 28 January 2026 session with the following settlements.
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27 Jan 2026

economy

Crude retreated as winter storm disruptions eased and OPEC+ caution offsets Middle East tension

Oil prices settled lower on Monday as the immediate supply impact from US winter storms began to subside, though losses were capped by expectations of steady OPEC+ production and intensifying Middle East tensions.
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