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

MNI: GERMAN NOV CPI +2.2 % Y/Y

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

MNI: NORWAY NOV CPI +0.3% M/M, +2.4% 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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Pakistan Discount Requests for Russian Oil Deemed too High

OIL

Pakistan has been in talks with Russia recently to buy its oil but requests of 30-40% discounts have been rejected by Moscow according to reports from The News International.

  • Pakistan's official delegation left for Moscow on November 29 on a three-day visit to talk with the Russian authorities to discuss the possibility of importing crude oil at a discounted price.
  • Russia said they were unable to offer anything because all volumes were committed at present.
  • Spiraling costs of energy have left Pakistan unable to compete on international markets – especially for LNG. They were hoping to begin purchasing discounted energy supplies from Russia to help combat higher energy prices.
Energy BulletsCommodities
Energy BulletsCommodities

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