The oil price is creeping back toward $100 per barrel. Developments in the Middle East offer little hope of normalisation and Russia is seeing production of oil products decline due to Ukrainian drone attacks on refineries. According to Goldman Sachs, the oil price could rise to $120 if there are more attacks on ships in the Strait of Hormuz.
Analysis|Published: Sep 4, 2026
Global port congestion continues to worsen, with millions of containers currently waiting to berth and shipping delays mounting in both Asia and Europe. Despite the growing bottlenecks, container rates remained relatively stable this week.
Analysis|Published: Sep 1, 2026
The conflict between the US and Iran is flaring up again, putting upward pressure on fuel prices. The diesel market is also facing an extension of the Russian export ban. The gas price has reached its highest level since early 2023. Read more here about price developments.
Analysis|Published: Aug 28, 2026
Container freight rates moved little last week, but the calm in prices contrasts with developments on major shipping routes. Asian ports are struggling with congestion, low water levels are disrupting traffic on the Rhine and the Panama Canal is preparing to reduce transit capacity. Meanwhile, major carriers are gradually returning to the Suez Canal depite risks.
Analysis|Published: Aug 25, 2026
The oil and gas market remains in the grip of tensions between Iran and the US. In Europe, the gas price rose sharply to its highest level in 3.5 years. Today, prices did fall slightly again. The Brent oil price has been declining somewhat again since Friday. There is a glimmer of hope for new negotiations between the US and Iran. Furthermore, the US came with an economic D-Day for Iran.
News|Published: Aug 25, 2026
Once again, the simmering trade dispute between the US and Canada has flared up. Greater market access for US dairy products in Canada is a recurring element of the dispute. Canada believes it has already made substantial concessions to the US.
