I. Key Focus Points
Crude Oil: [Chempricehub] October 22: International oil prices rose as market concerns persisted over the potential escalation of US-Iran tensions, compounded by Houthi attacks on Saudi Arabia that heightened supply risks. The NYMEX December crude oil futures contract settled at $99.47 per barrel, up $2.32 (a 2.39% increase). The ICE Brent December futures contract closed at $113.17 per barrel, gaining $4.35 (a 4.00% increase). China’s INE crude oil futures for the December 2026 contract advanced by 1.2 yuan to 702 yuan per barrel, while the night session saw a further rise of 11.2 yuan to 713.2 yuan per barrel.
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