MNI BRIEF: China Visitor Mobile Payments Surge in H1

MNI China Daily Summary: Friday, July 26

MNI BRIEF: Foreign Firms Content In China

MNI BRIEF: Turkish Inflation Expectations Steady- TEBA

MNI China Press Digest July 26: Deposit Rates, Fiscal, PBOC

MNI: PBOC Net Injects CNY299.05 Bln via OMO Fri

Q1 Sectoral Accounts Suggest Solid Real Income Gains

Services Behind Slight Fall In July ISTAT Business Confidence

Unemployment Falls To 11.3% In Q2, Driven By Services

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

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

Goldman and RBC Notes Oil Market Threats from Russian Uprising

OIL

The global oil market faces fresh risks from the uprising in Russia by mercenary group Wagner but said the near-term impact is likely muted, according to Goldman Sachs.

  • “The higher risk of lower supply at some point may put some upward pressure on prices,” it added.
  • Goldman noted potential for longer term Black Sea supply issues with the possibility for disruption or blockades. It also noted Wagner’s presence in Libya and the potential to block in 1.1mn bpd.
  • “The immediate challenge to the Putin regime appears to have receded,” according to RBC in a client note, adding, “However, the risk of further civil unrest in Russia now must be factored into our oil analysis for the back half of the year.”
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.