Sentiment in the Asian middle distillate market could come under slight pressure June 20-24, as supply tightness in the gasoil complex eases as refineries in Asia step up production to capitalize on attractive
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Indonesia has abundant natural deposits of tin, copper, nickel, cobalt and bauxite, some of which are key materials for electric vehicle batteries.
Everyone appears to be "rivaling each other to get the headlines and say the most awful things about the world," says veteran strategist David Roche.
Marine fuel oil supply in Singapore is expected to remain tight June 20-24 amid a high gasoil crack spread, though the city-state is likely to receive a higher inflow of arbitrage cargoes in
European stocks are expected to open lower on Monday after a tumultuous trading week last week.
Oil prices are expected to remain under pressure in the week ended June 24 following heavy losses in the previous week ended June 17. Confidence in oil demand is holding up despite soaring
David Arakhamia, the majority leader of Ukraine's parliament, called on U.S. and NATO allies to quickly supply Kyiv with additional weapons.
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