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Saudi Aramco lowered its official selling price for Arab Light crude oil sold to Asia in December to a discount of $7 per barrel to the benchmark price.

2026-11-06

Saudi Aramco lowered its official selling price for Arab Light crude oil sold to Asia in December to a discount of $7 per barrel to the benchmark price.

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2026-11-05

Maersk CEO: The shipping market is growing faster than we expected, so we have ordered new ships.

Maersk CEO: The shipping market is growing faster than we expected, so we have ordered new ships.
2026-11-05

At midday close China's main futures front-month contracts were mixed. Palladium rose over 8%, platinum over 7%, Shanghai silver nearly 6%, Shanghai nickel over 5%, Shanghai gold over 4%, red dates almost 4%, and coke and lithium carbonate rose more

At midday close China's main futures front-month contracts were mixed. Palladium rose over 8%, platinum over 7%, Shanghai silver nearly 6%, Shanghai nickel over 5%, Shanghai gold over 4%, red dates almost 4%, and coke and lithium carbonate rose more than 3%. On the downside, LPG, PET chip, propylene, benzene, polyethylene, polypropylene, mono‑ethylene glycol (MEG) and styrene hit the daily down limit; fuel oil and low‑sulfur fuel oil (LU) fell over 10%, asphalt nearly 9%, INE crude (SC) and methanol over 7%, and p‑xylene over 6%.
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