Morning Market Insight: Ethylene Tar

I. Key Points

Crude Oil: [Chempricehub] September 21: Reports suggesting that the United States and Iran may resume negotiations have eased market concerns, leading to a decline in international crude oil prices. The NYMEX October futures contract fell by USD 4.52/bbl to USD 95.78/bbl, a month-on-month decrease of 4.51%. The ICE Brent November futures contract dropped by USD 3.53/bbl to USD 100.34/bbl, a month-on-month decrease of 3.40%. The Shanghai INE November 2026 crude oil futures contract fell by CNY 23.6 to CNY 730.8/bbl, while the night session declined by CNY 16.5 to CNY 714.3/bbl.