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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Libyan Crude Imports Help Italy Move Away from Russian Volumes

OIL

Italy increased crude imports in December by 12.2% compared to November to 5.5 million tonnes, according to the country's Ministry of Ecological Transition.

  • The main suppliers were Azerbaijan at 854,000 tonnes, Libya, which increased volumes 50% to 836,500 tonnes, and Kazakhstan with 773,900 tonnes.
  • Russia is no longer a supplier to Italy after sanctions.
  • In total, Italy imported 62.5 million tonnes of oil last year, of which Russia accounted for 12.1 million tonnes, or 18.5%.
Energy BulletsCommodities
Energy BulletsCommodities

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