MNI BRIEF: Market Pricing Compatible With 2% Target -De Cos

MNI BRIEF: PBOC To Curb Any Overshooting Of The Yuan-MPC

MNI China Daily Summary: Wednesday, April 3

MNI: PBOC Drains Net CNY248 Bln Via OMO Weds; Rates Unchanged

MNI: PBOC Sets Yuan Parity Lower At 7.0949 Weds; -4.77% Y/Y

CHINA PBOC INJECTS CNY2 BILLION VIA 7-DAY REVERSE REPOS WEDS

US MAR FINAL SERVICES PMI 51.7 (FLASH 51.7); FEB 52.3

De Cos Signals Preference For June Rate Cut

US MBA: REFIS -2% SA; PURCH INDEX -0.1% SA THRU MARCH 29 WK

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

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CPC Repairs Could Delay Until Spring

OIL

CPC repairs may be take until next spring according to Kommersant

  • Loadings from two of three mooring points were halted after inspections showed damage at the attachment points of underwater sleeves to buoyancy tanks.
  • Necessary procedures for the selection of a contractor and the upcoming storm season may delay repair works at CPC terminal in Novorossiysk
  • In this case, supply of Kazakh oil to the world market through the CPC could fall by 15m tons according to Bloomberg
  • Kazakhstan oil and condensate production for August was expected at 7.1m tons compared to 7.62m tons in May before Kashagan and Tengiz field maintenance.
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