MNI China Daily Summary: Tuesday, December 10

MNI BRIEF: China Nov Exports Slows, Imports Slide

MNI BRIEF: China Crude Oil Imports Accelerate In November

CHINA NOV EXPORTS +6.7% Y/Y VS MEDIAN +8.9% Y/Y: CUSTOMS

MNI: CHINA YTD EXPORTS +6.7% Y/Y IN YUAN TERM: CUSTOMS

MNI: PBOC Net Injects CNY90.3 Bln via OMO Tuesday

US NFIB NOV SMALL BUSINESS INDEX 101.7

MNI: GERMAN NOV CPI +2.2 % Y/Y

MNI: NORWAY NOV CORE CPI +0.1% M/M, +3% Y/Y

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

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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GOI Energy To Buy Italy’s ISAB Refinery, Trafigura Signs Offtake Agreement

OIL

Trafigura entered into a tolling agreement for the Lukoil-owned ISAB oil refinery in Italy as part of a deal by GOI Energy to acquire the plant, according to Trafigura.

  • Trafigura will supply the ISAB Lukoil on island of Sicily with crude oil and take its fuel, the company said in a statement.
  • The transaction is planned to be completed by the end of March upon fulfilment of certain conditions precedent including receipt of necessary approvals of the authorities, particularly the Italian government, Lukoil said.
  • Trafigura has secured uninterrupted feedstock supplies to the refinery and provides for production offtake as well as necessary working capital level, according to Reuters.
Energy BulletsCommodities
Energy BulletsCommodities

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