MNI BRIEF: Japan Nov Sentiment, Outlook Indexes Rise

MNI BRIEF: China Nov CPI Slows To 5-Month Low Of 0.2% Y/Y

MNI: PBOC Sets Yuan Parity Higher At 7.1870 Mon; -1.39% Y/Y

MNI: China CFETS Yuan Index Down 0.36% In Week of Dec 6

MNI: PBOC Net Injects CNY13.8 Bln via OMO Monday

MNI BRIEF: PBOC Increases Gold Reserves

MNI JAPAN Q3 GDP REV +0.3% Q/Q; PRELIM +0.2%; MEDIAN +0.2%

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

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 Regains Ground Ahead of Thursday’s Expiry

OIL

Crude front month is regaining ground today, rising to the highest level since 20 November, ahead of Thursday’s expiry, driven by OPEC+ supply risks and disruption to oil loadings in the Black Sea.

    • Brent JAN 24 up 1.2% at 82.62$/bbl
    • WTI JAN 24 up 1.2% at 77.3$/bbl
    • WTI-Brent down -0.22$/bbl at -5.33$/bbl
  • Latest reports from OPEC+ sources suggested the group is continuing to hold talks ahead of tomorrow’s meeting but no delay to the meeting is currently expected. Both Reuters and Bloomberg sources led stories on Tuesday suggesting the meet could face delays as the impasse on the quotas Nigeria and Angola remained in place.
  • Oil loadings at the CPC oil terminal remain halted amid an ongoing storm alert, which also led to a decline in the country’s oil production, the terminal operator said. Output at the country’s largest oil fields will be reduced until 3 December, the Energy Ministry said on Tuesday.
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.