Chinese buyers have been adapting to the latest Washington sanctions measures rolled out against Russian and Iranian oil cargoes in recent months, which is helping flows to recover Vortexa data shows.
WTI crude has edged lower from a low of $74.11/bbl yesterday as Washington’s next steps in its maximum pressure campaign on Iran are weighed with other supply uncertainties. OPEC+ is yet to decide on ...
Swiss hydropower reserves last week – calendar week 8 – declined by 3.8 percentage points to 20.3% of capacity, falling below ...
IPCA-15 inflation data for the first half of February will be released at 1200GMT(0700ET), with analysts expecting the headline rate to rise back above 5% y/y to a near two-year high, following the ...
Beijing will fancy its chances of drawing the European Union away from its China derisking strategy as the chances of an EU-U ...
European Council President António Costa has confirmed a videoconference of member state leaders on the morning of 26 Feb to hear a debrief from French President Emmanuel Macron following his meetings ...
Global electricity demand is expected to increase by 7000TWh in the next ten years, six times higher than the growth in energy demand, IEA director Fatih Birol said.The increase is primarily due to ...
Iranian oil sellers risk facing significant hurdles moving their cargoes out of the country as competition for unsanctioned tankers from Russia and Venezuela intensifies, Bloomberg reports, citing ...
USD/ILS has added 134 pips to last trade at 3.5865 and bulls look for continued gains past the 50-DMA at 3.6058. Bears keep an eye on 3.5300, the low print of Jan 22.The Bank of Israel yesterday left ...
The possible two-year delay of CBAM could lead to the EU’s innovation fund being lowered to €9bn from €18bn, with the ...
Asia's 380-cst HSFO cracks flipped back into discounts to crude on Tuesday. They have more unusually spent periods at a positive through February.Singapore March 380-cst HSFO/Brent crack closed at a ...
The trend condition in the Eurostoxx 50 futures contract remains up and last week’s climb to a new alltime high on the continuation contract, reinforces a bull theme. Note too that moving average ...
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