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The main contract for low-sulfur fuel oil (LU) plunged 8.00% intraday, currently trading at 4733.00 yuan/ton.

2026-04-01

The main contract for low-sulfur fuel oil (LU) plunged 8.00% intraday, currently trading at 4733.00 yuan/ton.

Other News
2026-04-01

Masoud Pezeshkian said Iran seeks no war but is prepared to end the conflict if guarantees against further attacks are provided. He accused the U.S. and Israel of violating international law and urging Europe to shift toward engagement aligned with i

Masoud Pezeshkian said Iran seeks no war but is prepared to end the conflict if guarantees against further attacks are provided. He accused the U.S. and Israel of violating international law and urging Europe to shift toward engagement aligned with international law. Markets reacted positively: U.S. stocks rallied, Treasury yields declined, oil prices eased but remained above $100, and the dollar weakened.
2026-04-01

US President Donald Trump will deliver a speech at 9 p.m. Washington time on Wednesday to provide an update on the Iran war, according to White House Press Secretary Karoline Leavitt. The address follows Trump’s remarks that the US could end its mili

US President Donald Trump will deliver a speech at 9 p.m. Washington time on Wednesday to provide an update on the Iran war, according to White House Press Secretary Karoline Leavitt. The address follows Trump’s remarks that the US could end its military campaign within two to three weeks, saying key objectives have largely been achieved. He added that responsibility for reopening the Strait of Hormuz would fall to other nations.
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