Did the U.K. budget spark a pre-Christmas spending rebound?
U.K. consumer spending rose 2.2% year-over-year in the four weeks ending November 28, according to Barclays UK Spend Trends data,…
China’s deflationary strains persist even as consumer inflation hits 21-month high
China’s annual consumer inflation accelerated to a 21-month peak in November, mainly driven by food prices, while factory-gate deflation deepened,…
US home price rises to stay modest as mortgage rates stick
U.S. home prices will rise just 1.4% in 2026 after a similar performance this year, a Reuters poll of property…
Global trade to hit record $35 trillion despite slowing momentum
UN Trade and Development’s (UNCTAD) year-end Global Trade Update shows East Asia, Africa and South–South trade powering gains, even as…
Kazakhstan to supply some Kashagan oil to China directly due to CPC damage, sources say
Kazakhstan plans to supply 50,000 metric tons of crude to China directly from the vast Kashagan field in December for…
Russia could boost LPG exports to China by 40% in 2026, consultancy says
Russia may increase liquefied petroleum gas supplies to China by 40% to 1.125 million metric tons next year, Petromarket consultancy…
China Steel Exports Surge But Aluminium Shipments Slide
China’s exports of steel products have surged this year as domestic demand – particularly from property development – slumps, while…
EU countries’ ambassadors approve phase out of Russian gas imports
European Union countries’ ambassadors on Wednesday greenlit the bloc’s plan to phase out Russian gas imports by late 2027, a…
Major Asian refiners sell 2026 diesel cargoes at higher premiums
Major Asian refiners have locked in term deals for diesel exports in 2026 at higher premiums to benchmark Singapore prices…
Australia’s APLNG offers cargo for February loading, say sources
Australia Pacific LNG (APLNG) has offered a liquefied natural gas (LNG) cargo for loading in February, two industry sources said…