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WTI crude fell below $85/bbl for the first time since April 17, sliding 2.50% intraday after Iranian media published new details of an Iran-U.S. memorandum of understanding.

2026-06-12

WTI crude fell below $85/bbl for the first time since April 17, sliding 2.50% intraday after Iranian media published new details of an Iran-U.S. memorandum of understanding.

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2026-06-12

At the morning close, China’s main futures contracts were mixed. Polysilicon rose nearly 6%; palladium and coke gained more than 5%; Shanghai silver advanced over 4%; platinum and lithium carbonate were up about 4%; coking coal climbed over 3%; Shang

At the morning close, China’s main futures contracts were mixed. Polysilicon rose nearly 6%; palladium and coke gained more than 5%; Shanghai silver advanced over 4%; platinum and lithium carbonate were up about 4%; coking coal climbed over 3%; Shanghai tin rose nearly 3%. On the downside, SC crude fell nearly 5%; LPG and low‑sulfur fuel oil (LU) slipped about 4%; fuel oil dropped over 3%; propylene, Europe‑route container freight and polypropylene contracts (including the monthly‑average) fell more than 1%.
2026-06-12

Trump said a final agreement may be reached within the next few days.

Trump said a final agreement may be reached within the next few days.
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