MNI: POWELL SAYS PCE INFLATION CAME IN LINE WITH EXPECTATIONS

MNI China Daily Summary: Friday, March 29

MNI: PBOC Injects Net CNY148 Bln Via OMO Fri; Rates Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.0950 Fri; -4.70% Y/Y

CHINA PBOC INJECTS CNY150 BILLION VIA 7-DAY REVERSE REPOS FRI

CHINA SETS YUAN CENTRAL PARITY AT 7.0950 FRI VS 7.0948

MNI: US FEB PERSONAL INCOME +0.3%; NOM PCE +0.8%

HICP Tracking at 2.4%Y/Y - One tenth below consensus

HICP 2 tenths softer than expected, but partly on clothing prices

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

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Nigerian Crude Exports Boosted by Forcados Terminal

OIL

Nigeria’s oil production increased by almost 15% during November following the restoration of operations at Shell Plc’s Forcados terminal according to Nigerian Upstream Petroleum Regulatory Commission.

  • Nigeria produced a daily average of 1.41 million barrels of combined crude and condensate last month, up from 1.23 million barrels in October.
  • Crude output of 1.19 million bpd was still almost a third under its OPEC+ quota.
  • Production of grades exported from Shell’s Forcados facility nearly tripled last month to about 230,000 barrels per day, according to NUPRC’s data.
Energy BulletsCommodities
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