Friday

25-04-2025 Vol 19

Month: April 2025

CHINA DATA: Anticipated Decline in Crude Throughput Due to Maintenance in March-April

Crude throughput at China’s refineries is projected to decrease in both March and April, coinciding with a peak maintenance season…

The Commodities Update: Oil Prices Surge Amid Secondary Tariff Threats

Oil prices experienced a notable increase yesterday, driven by escalating concerns regarding potential threats to global oil supplies. ICE Brent…

Commodity Traders Gunvor and Vitol Look to Acquire Russian Aluminium from LME Storage, Sources Report

Commodity traders Gunvor and Vitol are reportedly poised to withdraw substantial amounts of Russian aluminium from London Metal Exchange (LME)-approved…

Russian Pipeline Gas Exports to Europe Decline by 19% in March Compared to Previous Month, Data Reveals

In March 2023, Russian gas exports to Europe via the TurkStream pipeline decreased significantly, dropping by 19.4% compared to the…

Could Trump Lower the Dollar to Address the Record Trade Deficit?

US President Donald Trump has expressed a belief that the strong dollar is hampering American industry and hindering efforts to…

FX Daily: Dollar Gaining Momentum Ahead of Upcoming Tariff Event

The currency market started the week by reflecting the ongoing tariff threats, resulting in a stronger dollar across various currency…

UBS CIO: Trump’s Threat to Russian Oil Should Not Be Taken Lightly

UBS Chief Investment Officer Mark Hafaele has highlighted the seriousness of U.S. President Donald Trump’s recent threats regarding Russian oil.…

OPEC+ Navigates Challenges as Softer Demand Outlook Pressures Oil Market

Oil prices are projected to face downward pressure in 2025 due to a combination of factors, including U.S. tariffs and…

Chicago Soy, Corn, and Wheat Prices Drop Amid Anticipation of US Tariffs on Agriculture

Chicago soybean and corn futures experienced declines on Tuesday as traders prepared for the impending broad tariffs announced by U.S.…

China’s Smelter Group Decides Against Providing Q2 Copper TC/RC Guidance, Sources Report

China’s leading copper smelters have decided against providing guidance for the second quarter regarding copper concentrate processing treatment and refining…