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CommodityOilPrice.com

Energy Aspects Slashes Forecast of China’s November Diesel Exports

Reduced domestic inventories will likely result in significantly lower Chinese exports of diesel in November amid the global diesel crisis, analysts at Energy Aspects say as they slashed their estimates of Chinese shipments this month. Energy Aspects now sees China’s diesel exports at about 580,000 tons in November, down by 400,000 tons from the previous assessment, according to a note carried by…

CommodityOilPrice.com

The Iran War Isn't Over, but Oil Traders Are Already Pricing In Peace

Oil prices plunged 15% this week as hopes of a U.S.-Iran peace deal fueled bearish sentiment, despite continued attacks in the Strait of Hormuz. Friday, November 06, 2026 Oil prices are set to record one of the steepest weekly losses in recent memory, with ICE Brent sliding a hefty 15% week-on-week to $99 per barrel on expectations of US-Iran diplomatic progress and a weakening window of…

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