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OMFIF survey shows 93% of central banks view the renminbi as supporting asset diversification, but market structure remains a constraining factor.

2026-06-30

OMFIF survey shows 93% of central banks view the renminbi as supporting asset diversification, but market structure remains a constraining factor.

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2026-06-30

Covestro announced a strategic MDI investment to strengthen global market position and long-term supply. The plan includes a new 660,000 tons/year MDI unit at its Shanghai integrated site, targeted to start up around 2030, and a feasibility study for

Covestro announced a strategic MDI investment to strengthen global market position and long-term supply. The plan includes a new 660,000 tons/year MDI unit at its Shanghai integrated site, targeted to start up around 2030, and a feasibility study for a same-scale unit in the United Arab Emirates. MDI (methylene diphenyl diisocyanate) is the primary feedstock for polyurethane rigid foam; demand is being driven by building insulation, appliances/food cold-chain and is notably strong in Asian and Middle Eastern markets.
2026-06-30

Documents show that the Iraqi National Oil Marketing Organization (SOMO) offered significant discounts to long-term contract buyers of Basra crude oil for July shipment from the Gulf region.

Documents show that the Iraqi National Oil Marketing Organization (SOMO) offered significant discounts to long-term contract buyers of Basra crude oil for July shipment from the Gulf region.
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