Morning Market Outlook for Ethylene Tar

1. Key Focus Points

Crude Oil: On October 15, international crude oil prices exhibited mixed movements as escalating tensions in the Middle East sustained supply risks, while market sentiment regarding the global demand outlook remained pessimistic. The NYMEX WTI November futures contract rose by $2.88/barrel to $97.97/barrel, a month-on-month increase of +3.03%. The ICE Brent December futures contract fell by $0.14/barrel to $105.92/barrel, a month-on-month decrease of -0.13%. In China, the INE crude oil futures contract for December 2026 declined by 21.3 yuan/barrel to 725.2 yuan/barrel during the day session, but rebounded by 0.8 yuan/barrel to 726 yuan/barrel in the night session.