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At the close on the 15th, NYMEX November light crude futures rose $2.88 to $97.97/bbl, up 3.03%. ICE Brent December futures fell $0.14 to $105.92/bbl, down 0.13%.

2026-10-16

At the close on the 15th, NYMEX November light crude futures rose $2.88 to $97.97/bbl, up 3.03%. ICE Brent December futures fell $0.14 to $105.92/bbl, down 0.13%.

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2026-10-16

China's main futures contracts opened mostly lower. Palm oil and benzene fell nearly 2%; fuel oil, Shanghai nickel, styrene (EB), methanol, LPG, apples, ethylene glycol (EG) and plastics dropped more than 1%. On the upside, synthetic rubber rose near

China's main futures contracts opened mostly lower. Palm oil and benzene fell nearly 2%; fuel oil, Shanghai nickel, styrene (EB), methanol, LPG, apples, ethylene glycol (EG) and plastics dropped more than 1%. On the upside, synthetic rubber rose nearly 3%, while Shanghai silver, Shanghai tin and No.20 rubber gained over 1%.
2026-10-16

Citigroup: Given that nickel and lead prices are near their 2026 lows and fund positions are biased towards shorting, we believe there is upside potential for both metals.

Citigroup: Given that nickel and lead prices are near their 2026 lows and fund positions are biased towards shorting, we believe there is upside potential for both metals.
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