Budget woes push French borrowing costs above crisis-scarred Greece
French borrowing costs rose above those of Greece on Monday for the first time, as Michel Barnier’s government teetered on…
US manufacturing continues to struggle with tariff uncertainty
Manufacturing contracts at a slightly slower rate The US manufacturing ISM index rose to 48.4 in November from October’s 46.5…
German inflation is good news for ECB hawks
The just-released flash estimate of German inflation in November wraps up a good day for the ECB hawks. With headline…
Pakistan’s 2025 crude oil imports expected to grow; product inflows steady
Pakistan refineries are expected to import 5% more crude oil in the financial year ending June 30, 2025, with the…
China’s scrap copper imports set to slump over US trade worries, analysts say
China’s imports of scrap copper are set to slump as some traders have suspended buying from the United States, the…
U.S. oil imports, exports down last week
Both U.S. crude oil imports and exports decreased during the week ending Nov. 22, the U.S. Energy Information Administration (EIA)…
India’s GAIL issues swap tender for 2 LNG cargoes, sources say
GAIL (India) Ltd. has issued a swap tender offering two liquefied natural gas (LNG) cargoes for loading in the United…
Asia likely to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs
Oil producers in Canada and Mexico will likely be forced to reduce prices and divert supply to Asia if U.S.…
Russia cuts wheat exports among measures to curb inflation
Russia, the world’s largest wheat exporter, cut its 2025 export quota by two-thirds, hiked wheat-export duties and abandoned import quotas…
Japan buys LPG ahead of winter; South Korea, China resell cargoes
Japanese buyers have been purchasing LPG for December delivery at prices ranging from discounts of about $5/mt to premiums of…