Iran Cuts Oil Exports From its Jask Terminal
Iran appears to have halted or heavily cut back crude oil exports from its Single Buoy Mooring (SBM) off the…
Baltic Dry Index climbs to 1809 up 19 points
Today, Friday, October 11 2024, the Baltic Dry Index climbed by 19 points, reaching 1809 points. Baltic Dry Index is…
We’ve downgraded the eurozone’s growth outlook again
A hesitant consumer It looks as if the eurozone is again headed for a winter slowdown. Both the PMI and…
US data contradictions make life tricky for the Fed
No regrets from the Fed In the wake of the strong September jobs report, we have been asked on a…
Luxury goods unlikely to be next target of China’s EU trade retaliation, analysts say
European luxury shares have slid on investor concerns that Hermes handbags and Dior slingbacks may be Beijing’s next targets for…
US credit spreads narrow to new lows as economy looks up
U.S. corporate credit spreads hit fresh multi-year lows in recent days in a sign of growing investor confidence, although some…
Big US banks say consumers are still strong, despite economy fears
U.S. consumers remain resilient with solid spending in the third quarter, two of the country’s biggest lenders said on Friday,…
Leaders of EU states in Mediterranean say ceasefire in Middle East is needed, now
Leaders of nine European Union member states in the Mediterranean called for an immediate ceasefire after a sharp escalation in…
USCBC Concerned Proposed US Export Control Rules Are Too Broad and Will Harm American Companies
The US-China Business Council (USCBC), a private, nonpartisan, nonprofit trade organization of more than 270 American companies that do business…
Sabah sells sixth crude oil cargo, secures RM100 million revenue
Sabah has sold its sixth crude oil cargo from Labuan Crude Oil Terminal (LCOT) with an estimated sales revenue of…