MNI China Daily Summary: Wednesday, December 11

MNI BRIEF: Chinese Rail Passenger Numbers Break Record

MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1843 Weds; -1.22% Y/Y

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

EZ/UK Bond Supply Calendar: 4.25% Jul-34 Gilt Due Wednesday

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

MNI: JAPAN NOV CORP GOODS PRICE INDEX +3.7% Y/Y; OCT REV +3.6%

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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Judge Invites Hedge Fund to Join Citgo Sale Process

OIL

Hedge Fund Atlana Wealth can join companies seeking compensation from the sale of refiner Citgo’s parent company Petroleos de Venezuela Holding (PDVH) to settle claims against the Venezuelan government and the state oil company, a US Circuit Judge Leonard Stark said on Wednesday.

  • Motion for writ of attachment and extension granted, Stark said.
  • The decision does not invite other creditors to emerge and join the process, the judge added.
  • Citgo operates a 807kbpd oil refining network, owns interests in pipelines and terminals, and supplies fuel to 4,200 independent gasoline outlets in the U.S.
  • Citgo has not paid any dividends to Venezuela since 2019, when Citgo severed ties with PDVSA following US sanctions.
Energy BulletsCommodities
Energy BulletsCommodities

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