I. Overnight Crude Oil Market Developments On July 28, the US and Iran are expected to start new negotiations, leading to a decrease in market concerns over supply risks, and international oil prices continue to decline. NYMEX crude oil futures for S

I. Crude Oil Market Dynamics On 7/23, the possibility of further escalation in the Iran-U.S. conflict, coupled with Houthi attacks on Saudi oil tankers, heightened supply risks and drove international oil prices sharply higher. The NYMEX crude oil Se

Singapore (ICIS) — The South Korean government has approved a major petrochemical restructuring project in the southern city of Yeosu, involving Yeochun NCC (YNCC), Lotte Chemical, Hanwha Solutions, and DL Chemical. The government has pledged support

Reliance Industries Ltd. reported that EBITDA for its oil-to-chemicals (O2C) business rose 17% year-on-year to 170.1 billion Indian rupees (about $1.7 billion) in the first fiscal quarter ended June 30. The company said the growth was mainly driven b

On July 12, international oil prices rose sharply in off-hours trading; as of 10:30 Beijing time, both WTI and Brent crude were up more than 3% in off-hours trading. According to CCTV News, Iran said on the 12th that it had launched a series of

I. Crude Oil Market Dynamics On 7/2, as the market awaited progress in the latest U.S.-Iran talks and sentiment remained cautious ahead of the U.S. Independence Day holiday, international crude oil prices edged higher. The NYMEX crude oil August 2024

I. Overnight Crude Oil Market Developments Iran warned vessels not to use unauthorized strait routes, and market concerns over heightened instability pushed international oil prices higher. NYMEXCrude oil futuresThe 08 contract for WTI crude oil rose

1. Overnight Crude Oil Market Developments 6/24: Passage through the Strait of Hormuz continued to improve, and oil-producing countries such as Iraq plan to accelerate production increases, causing international oil prices to fall. NYMEX crude oil fu

News Highlights: Raw Material News – 65 Million Yuan! Covestro Develops Bio-Based Aniline: Is the Global MDI Industry Chain Going “Fossil-Free”? Home News - Teijin Frontier expands thermal insulation fiber capacity, involving PTT an

专塑视界获悉，当地时间6月17日至18日，美伊双方先后官宣完成谅解备忘录的签署流程，标志着双方阶段性和解框架正式落地生效。据新华社报道，巴基斯坦总理夏巴兹18日确认，伊朗和美国远程签署的谅解备忘录立即生效。 本次签署采用了数字化远程签署与传统纸本签署相结合的方式。据美国有线电视新闻网报道，一名美国政府高级官员17日向媒体宣读了备忘录正式文本。美国方面，总统特朗普在法国巴黎出席G7峰会期间，于凡尔赛宫与法国总统马克龙共进晚宴时正式签署了文件。马克龙在社交媒体发布视频并配文称，这项谅解备忘录“为持

Lead: As the temporary peace agreement between the U.S. and Iran is about to be signed, the IEA forecasts that Middle Eastern crude oil production capacity will gradually recover and trigger a significant oversupply next year. Amid the ripple effect

I. Overnight Crude Oil Market Developments Reports indicate that the United States has begun lifting its maritime blockade on Iran and partially easing sanctions, further alleviating market concerns and weighing on international oil prices. The NYMEX

1. Crude Oil Market Dynamics 6/10: U.S.-Iran relations remain unstable, heightening concerns over supply risks, and international oil prices rose. NYMEX WTI crude futures for the July contract settled at USD 90.03/bbl, up USD 1.83/bbl, or +2.07% day-

I. Crude Oil Market Dynamics On June 4, the U.S. released positive signals regarding U.S.-Iran negotiations, easing geopolitical tensions and supply concerns, leading to a decline in international oil prices. NYMEX crude oil futures for July fell by

Last week, driven by optimistic expectations after positive signals from the U.S.-Iran negotiations, international oil prices experienced a “cliff-like” plunge — with Brent crude futures prices falling by more than...11%…setting the worst weekly perf

This week’s international crude oil market can truly be described as “thrilling.” The international crude oil market experienced its sharpest swing in sentiment so far this year — from a plunge at the start of the week driven by expectations of peace

1. Overnight Crude Oil Market Dynamics The market remains optimistic about the prospects for U.S.-Iran negotiations, but concerns have been raised by unresolved details between the two sides, leading to mixed movements in international oil prices. Th

International Headlines Overview: Raw Materials News: Iran Conflict Pushes Japan into “Naphtha Crisis” Medical News - Kenvue partners with Greyparrot to accelerate the transformation of AI technology in medical packaging circularity. Recycling News -

1. Overnight Crude Oil Market Dynamics On 5/20, reports said that the U.S.-Iran talks had made new progress, easing market concerns and pushing international oil prices lower. NYMEX crude oil futures, the rolled July contract, fell by USD 5.89/bbl to

I. Overnight Crude Oil Market Dynamics The U.S. has stated that it prioritizes resolving the Iran issue through diplomatic means but does not rule out the option of new military actions. International oil prices have slightly declined.Crude Oil Futur