Bonds pare most of NFP upside while stocks chop - Newsquawk US Market Wrap
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
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ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Saudi Arabia is expected to keep the price of its flagship crude oil to Asia unchanged in December due to lower refining margins.
Crude prices have continued to see support from ongoing tensions in the Middle East, and despite a reversal in crude prices, the overall supply picture remains tight
Crude barrels, mostly Arab Light, to be stored in Ulsan India prefers Russian crude but South Korea still key Saudi customer Aramco has been respecting Asia's term supply despite OPEC+ cuts State run
Saudi Arabia's crude oil exports in August hit their lowest level in 28 months as they fell for a fifth straight month, data from the Joint Organizations Data Initiative (JODI) showed on Monday. Crude exports from the world's largest oil exporter fell to 5.58 million barrels per day (bpd), down 7.1 percent from 6.01 million bpd in July and the lowest since April 2021. Saudi Arabia and Russia have agreed to combine voluntary oil supply cuts of 1.3 million bpd, or more than 1 percent of global demand, until the end of the year.