MNI: GERMANY OCT EXPORTS -2.8% M/M (VS FCST -2.6%)

MNI BRIEF: BOJ Tankan: Business Inflation Expectations Solid

MNI BRIEF: RBA Details Hypothetical Monetary Policy Paths

MNI: PBOC Net Injects CNY14.2 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1876 Fri; -1.22% Y/Y

MNI BOJ DEC TANKAN LARGE MFG INDEX +14; SEPT 13; MEDIAN +12

MNI: FRANCE NOV HICP -0.1% M/M, +1.7% Y/Y

MNI: SWEDEN NOV UNEMPLOYMENT 7.4%

MNI: UK OCT TRADE BALANCE GBP -3.72BN

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Crude Futures Gain, On Track For Weekly Loss

OIL

Oil has eked out a small gain, but is off best levels seen shortly after the Asia-Pac open. WTI last up $0.35 from settlement levels at $61.79/bbl, Brent is up $0.27 at $65.67. Despite the small bounce today and yesterday crude is still on track for a weekly decline. A resurgence in virus cases and mixed signals over demand. Yesterday there were reports that Libya's Sirte Oil could have to cut up to 100k bpd of output this week due to its financial situation. Elsewhere there were Reuters reports that OPEC Secretary-General Barkindo told members of the cooperative they could be fined and have assets seized if the US. adopts legislation that authorizes antitrust enforcement against countries in the bloc.

Energy BulletsCommodities
Energy BulletsCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.