Grayson Lim News Today

/PRNewswire/ -- C2A Security, the only DevSecOps Platform for car makers and mobility companies, announced it has been selected by Evvo Labs, a leading IT...

Jul 13 2021, 4:09 PM July 13 2021, 2:30 AM July 13 2021, 4:09 PM (Bloomberg) -- The fast-spreading delta virus variant is on the march through a largely unvaccinated Southeast Asia, forcing restrictions on work and mobility that are taking the shine off the wider region’s recovery in energy demand. (Bloomberg) -- The fast-spreading delta virus variant is on the march through a largely unvaccinated Southeast Asia, forcing restrictions on work and mobility that are taking the shine off the w...

Indonesia, Southeast Asia’s biggest economy, is being wracked by a particularly brutal wave of Covid-19, with movement curbed in the industrial heartland of Java and the tourist enclave of Bali. Malaysia is still in the midst of a nationwide lockdown, while Thailand has just stepped up restrictions. The mobility curbs and a lack of success in reining in delta are prompting downward revisions in forecasts for consumption of fuels, particularly gasoline. Indonesian motor fuel demand will drop...

(Bloomberg) -- Asian refineries are grappling with what’s expected to be a brief period of weak profits as a demand-sapping Covid-19 comeback across the region coincides with a likely surge in oil-product exports from Iran.

Read more about Asia refiners face double blow to profits from Iran and Covid resurgence on Business Standard. The virus resurgence in India and other nations apart from China is reducing consumption of products such as gasoline.

That has led to complex refining margins in Singapore falling from US$1.65 a barrel at the end of April to as low as 3 cents in mid-May.. Read more at straitstimes.com.

Covid cases are rising in more than half of U.S. states, despite ramp up in vaccinations (SPY 0.1%). March 2021 CPI: Year-over-Year Inflation Rate Rises To 2.6%. Here is the current market situation from CNN Money North and South American markets finished mixed as of the most recent closing prices. The Bovespa gained 1.21%, while the IPC led the S&P 500 lower. They fell 1.14% and 0.06% respectively. What Is Moving the Markets Here are the headlines moving the markets. Chinas Oil Imports Surge A...