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BREAKING주요 뉴스
British Pound trades lower against Japanese Yen as BoJ hawkishness lifts the Yen
GBP/JPY trades on the back foot on Wednesday as the Japanese Yen (JPY) outperforms its major peers f...
United States New Home Sales (MoM) came in at 0.58M below forecasts (0.64M) in May
United States New Home Sales (MoM) came in at 0.58M below forecasts (0.64M) in May...
Japan Commits $19.4 Billion to Fighting Its Energy Crisis
Japan will spend an additional $19.4 billion to cushion the inflation blow to Japanese households resulting from the oil and gas export flow disruption in the Middle East. The package, approved by Pri ...
Australian LNG Strike Begins to Disrupt Cargo Loadings at Ichthys
Industrial action at the Ichthys LNG project offshore Australia has started to affect loadings, with Reuters reporting that one tanker has been delayed as a result of the limited strike. The strike, l ...
Goldman Sachs CEO Warns Oil Shock Could Alter Consumer Behavior
Tightening crude oil supply will lead to consumer behavior changes in the second half of the year as the imbalance with demand pushes inflation higher, the chief executive of Goldman Sachs has warned. ...
Oil Prices Climb as U.S. Strikes Tanker and Downs Iranian Drones
Oil prices rose in early Asian trade on Wednesday after yet another escalation in the Middle East, with Iran firing missiles at Kuwait and Bahrain, and the U.S. firing on and disabling an oil tanker h ...
How Long Can Demand Destruction Keep a Lid on Oil Prices?
In a somewhat puzzling market development, oil prices haven't spiked yet to record highs amid the worst supply disruption in history. That's because the market still hopes for a quick resolution to th ...
India’s Oman Bet Looks Timely As Hormuz Crisis Deepens
Late last year, when India and Oman officially signed the Comprehensive Economic Partnership Agreement (CEPA), there was no war with Iran cutting off the Strait of Hormuz, and the advanced timing of t ...
China Draws Down Billion-Barrel Stockpile as Iran War Cuts Imports in Half
The Iran War and the oil and gas market disruption it has caused have prompted a massive drop in Chinese crude oil imports. These were estimated at a little over 6 million barrels daily last month, do ...
Russia’s China Energy Lifeline Is Becoming a Noose
The recent summit meeting between Chinese President Xi Jinping and his Russian counterpart Vladimir Putin ending on 20 May raised more questions than answers for many observers, probably including Put ...
US Crude Oil Inventories Continue Downward Plunge But Gasoline Surprises
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 6.75 million barrels in the week ending May 29. In the week prior, US crude oil inventories fel ...
Why India’s LNG Buying Surges Despite Costly Gas
India’s LNG imports are rising amid one of the most expensive Asian gas markets in years, defying the regional pattern of demand destruction that has pushed other buyers toward coal, nuclear and energ ...
What Hormuz Is Teaching Traders About Utilities
Oil traders have spent months obsessing over tanker movements, shipping insurance costs and the fate of crude cargoes attempting to navigate the Strait of Hormuz. But now, some of that attention will ...
New Shareholder Elliott Pushes for Sale of Australia’s Top Gold Miner
Hedge fund Elliott Investment Management, which has built up a stake in Australia’s biggest gold miner, Northern Star Resources Ltd, is calling for a strategic review of the future value creation, inc ...