Japan Rules Out Tapping Strategic Oil Reserves, Sees Purchases on Track
Energy

Japan Rules Out Tapping Strategic Oil Reserves, Sees Purchases on Track

PM Sanai Takaichi says crude supplies are sufficient and Tokyo will not release stockpiles, calming markets as oil remai...

Aoife Keane 👁 38 💬 0
China’s Crude Oil Imports Plunge 41% in June, Deepening the Demand Shock
Energy

China’s Crude Oil Imports Plunge 41% in June, Deepening the Demand Shock

China’s monthly crude imports collapsed to a decade-low in June, marking a fourth straight monthly drop. The slump is sh...

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Strait of Hormuz Reopening Now Seen Pushed to 2027, Analysts Warn, Prolonging Oil Supply Disruption
Energy

Strait of Hormuz Reopening Now Seen Pushed to 2027, Analysts Warn, Prolonging Oil Supply Disruption

Kpler analyst Matt Smith says the Strait of Hormuz is unlikely to reopen before 2027, keeping 15 million b/d of crude of...

Aoife Keane 👁 48 💬 0
ICE Cotton Edges Higher for Fourth Day, but Weak Exports and Strong Dollar Cap Rally
Markets

ICE Cotton Edges Higher for Fourth Day, but Weak Exports and Strong Dollar Cap Rally

ICE cotton futures posted a fourth straight gain amid strong crude oil and grain markets, but a sharp drop in US export ...

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