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

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

MNI: PBOC Sets Yuan Parity Lower At 7.1270 Fri; -0.95% Y/Y

CHINA PBOC CONDUCTS CNY358.05 BILLION VIA 7-DAY REVERSE REPOS FRI

CHINA SETS YUAN CENTRAL PARITY AT 7.1270 FRI VS 7.1321

MNI BRIEF: Treasury's Yellen: Inflation Moving To Fed's Target

Japan Tokyo Jul Core CPI +2.2% Y/Y

MNI BRIEF: Japan July Tokyo Core CPI Rises 2.2% Vs. June's 2.1%

MNI JAPAN JULY TOKYO CORE CPI +2.2% Y/Y; JUNE +2.1%

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

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

Slovnaft Refinery Set for Two Months of Outages

OIL

Slovakian refinery Slovnaft is set to undergo two-months of outages from Friday according to the company today as the plant undergoes planned maintenance.

  • The refinery has been benefitting from cheap Russian urals due to its reliance on the Druzhba pipeline. Slovakia has been offered exemptions from the EU oil ban until the end of 2024 allowing the refinery to benefit from cheap crude supply for an extended period as well as EU funding to upgrade the refinery away from Russian barrels. The ban is yet to be finalised.
  • Slovakia is working on a special tax on Russian crude profits made in the country and directed towards a fund to help tackle high inflationary pressures in the country.
  • The Slovakian government want the cost benefit of processing Russian barrels to passed on to cheaper fuel costs in the country, rather than generating higher profits for MOL.
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.