Oil Prices
Global oil prices have taken a dramatic tumble as of December 16, 2025, driven by an overwhelming combination of a substantial supply glut and persistently weakening global demand. Both benchmark crude contracts, Brent and West Texas Intermediate (WTI), have plunged to levels not seen in years, signaling a challenging period
Crude Oil
JP Morgan has issued a stark long-term outlook for the global crude oil market, predicting that Brent crude prices could plummet to the $30s per barrel by the end of fiscal year 2027. This bearish forecast is primarily driven by an anticipated persistent global supply glut far exceeding demand growth.
Butane
The US Mont Belvieu butane market is currently grappling with a significant downturn, as prices have been in a state of sustained weakness throughout late 2025. This persistent slump is primarily attributable to a confluence of factors: an oversupply of butane stemming from robust domestic production and elevated inventories, coupled
iron ore
The global iron ore market is currently navigating a period of unprecedented turbulence, as a confluence of factors, primarily a looming supply glut and weakening demand, exerts significant downward pressure on prices. Singapore iron ore futures, a key benchmark, are currently trading at $103.75 per ton, reflecting the market&
Oil Futures
As of October 21, 2025, the global crude oil market is experiencing significant turbulence, with futures prices extending their losses and raising concerns across the financial landscape. Both Brent and West Texas Intermediate (WTI) crude benchmarks have plunged to their lowest levels in five to six months, with WTI hovering