Chinese #refiners are likely to export 3.19 million mt of #CleanOil products in July, down from an estimated 3.72 million mt in June, though the decline is unlikely to boost the #Asian middle distillates complex as volatile arbitrage economics offset the recent uptick in refinery margins. Read S&P Global Commodity Insights article: https://okt.to/zNZ21L
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Amidst a backdrop of fluctuating commodity prices and geopolitical tensions, our latest market analysis by Chief Economist David Fyfe offers key insights. With copper poised to surpass $10,000 per ton and nickel at a seven-month high, the materials market is heating up. On the geopolitical front, easing tensions between Israel and Iran are impacting crude oil dynamics, leading to a drop in prices. In the global economic arena, the International Monetary Fund's updated forecast predicts a 3.2% growth, bolstered by the U.S. economy's unexpected strength. However, the varied economic performance, particularly in China, reminds us of the persistent global economic complexities. 𝗙𝗼𝗿 𝗲𝘅𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗳𝗿𝗲𝗲 𝗰𝗼𝗺𝗺𝗼𝗱𝗶𝘁𝘆 𝗻𝗲𝘄𝘀, 𝘀𝘂𝗯𝘀𝗰𝗿𝗶𝗯𝗲 𝘁𝗼 𝗔𝗿𝗴𝘂𝘀 𝗡𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿𝘀: https://okt.to/bmjfA4 #oilgas #metals #trade #markets #economics #US #China
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Amidst a backdrop of fluctuating commodity prices and geopolitical tensions, our latest market analysis by Chief Economist David Fyfe offers key insights. With copper poised to surpass $10,000 per ton and nickel at a seven-month high, the materials market is heating up. On the geopolitical front, easing tensions between Israel and Iran are impacting crude oil dynamics, leading to a drop in prices. In the global economic arena, the International Monetary Fund's updated forecast predicts a 3.2% growth, bolstered by the U.S. economy's unexpected strength. However, the varied economic performance, particularly in China, reminds us of the persistent global economic complexities. 𝗙𝗼𝗿 𝗲𝘅𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗳𝗿𝗲𝗲 𝗰𝗼𝗺𝗺𝗼𝗱𝗶𝘁𝘆 𝗻𝗲𝘄𝘀, 𝘀𝘂𝗯𝘀𝗰𝗿𝗶𝗯𝗲 𝘁𝗼 𝗔𝗿𝗴𝘂𝘀 𝗡𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿𝘀: https://okt.to/XdWTmQ #oilgas #metals #trade #markets #economics #US #China
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David Fyfe, Chief Economist at Argus Media highlights dynamic shifts in the commodity markets and broader economic landscape. Copper and nickel prices are surging, reflecting strong industrial demand and market speculations. Oil markets are reacting to geopolitical developments, influencing prices and investment policies, notably the recent U.S. policy shift regarding Venezuela. Globally, the economic outlook appears promising with the International Monetary Fund upgrading its growth projections, yet challenges persist, particularly in China where despite a GDP growth beat, underlying weaknesses remain. 𝗙𝗼𝗿 𝗲𝘅𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗰𝗼𝗺𝗺𝗼𝗱𝗶𝘁𝘆 𝗻𝗲𝘄𝘀, 𝘀𝘂𝗯𝘀𝗰𝗿𝗶𝗯𝗲 𝘁𝗼 𝗔𝗿𝗴𝘂𝘀 𝗡𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿𝘀. https://okt.to/zSxHTb #oilandgas #metals #trade #markets #economics #US #China
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Amidst a backdrop of fluctuating commodity prices and geopolitical tensions, our latest market analysis by Chief Economist David Fyfe offers key insights. With copper poised to surpass $10,000 per ton and nickel at a seven-month high, the materials market is heating up. On the geopolitical front, easing tensions between Israel and Iran are impacting crude oil dynamics, leading to a drop in prices. In the global economic arena, the International Monetary Fund's updated forecast predicts a 3.2% growth, bolstered by the U.S. economy's unexpected strength. However, the varied economic performance, particularly in China, reminds us of the persistent global economic complexities. 𝗙𝗼𝗿 𝗲𝘅𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗳𝗿𝗲𝗲 𝗰𝗼𝗺𝗺𝗼𝗱𝗶𝘁𝘆 𝗻𝗲𝘄𝘀, 𝘀𝘂𝗯𝘀𝗰𝗿𝗶𝗯𝗲 𝘁𝗼 𝗔𝗿𝗴𝘂𝘀 𝗡𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿𝘀: https://okt.to/AEi7mr #oilgas #metals #trade #markets #economics #US #China
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David Fyfe, Chief Economist at Argus Media highlights dynamic shifts in the commodity markets and broader economic landscape. Copper and nickel prices are surging, reflecting strong industrial demand and market speculations. Oil markets are reacting to geopolitical developments, influencing prices and investment policies, notably the recent U.S. policy shift regarding Venezuela. Globally, the economic outlook appears promising with the International Monetary Fund upgrading its growth projections, yet challenges persist, particularly in China where despite a GDP growth beat, underlying weaknesses remain. 𝗙𝗼𝗿 𝗲𝘅𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗰𝗼𝗺𝗺𝗼𝗱𝗶𝘁𝘆 𝗻𝗲𝘄𝘀, 𝘀𝘂𝗯𝘀𝗰𝗿𝗶𝗯𝗲 𝘁𝗼 𝗔𝗿𝗴𝘂𝘀 𝗡𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿𝘀. https://okt.to/uIEJZW #oilandgas #metals #trade #markets #economics #US #China
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David Fyfe, Chief Economist at Argus Media highlights dynamic shifts in the commodity markets and broader economic landscape. Copper and nickel prices are surging, reflecting strong industrial demand and market speculations. Oil markets are reacting to geopolitical developments, influencing prices and investment policies, notably the recent U.S. policy shift regarding Venezuela. Globally, the economic outlook appears promising with the International Monetary Fund upgrading its growth projections, yet challenges persist, particularly in China where despite a GDP growth beat, underlying weaknesses remain. 𝗙𝗼𝗿 𝗲𝘅𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗰𝗼𝗺𝗺𝗼𝗱𝗶𝘁𝘆 𝗻𝗲𝘄𝘀, 𝘀𝘂𝗯𝘀𝗰𝗿𝗶𝗯𝗲 𝘁𝗼 𝗔𝗿𝗴𝘂𝘀 𝗡𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿𝘀. https://okt.to/5tdA2n #oilandgas #metals #trade #markets #economics #US #China
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David Fyfe, Chief Economist at Argus Media highlights dynamic shifts in the commodity markets and broader economic landscape. Copper and nickel prices are surging, reflecting strong industrial demand and market speculations. Oil markets are reacting to geopolitical developments, influencing prices and investment policies, notably the recent U.S. policy shift regarding Venezuela. Globally, the economic outlook appears promising with the International Monetary Fund upgrading its growth projections, yet challenges persist, particularly in China where despite a GDP growth beat, underlying weaknesses remain. 𝗙𝗼𝗿 𝗲𝘅𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗰𝗼𝗺𝗺𝗼𝗱𝗶𝘁𝘆 𝗻𝗲𝘄𝘀, 𝘀𝘂𝗯𝘀𝗰𝗿𝗶𝗯𝗲 𝘁𝗼 𝗔𝗿𝗴𝘂𝘀 𝗡𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿𝘀. https://okt.to/k8y7Cw #oilandgas #metals #trade #markets #economics #US #China
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David Fyfe, Chief Economist at Argus Media highlights dynamic shifts in the commodity markets and broader economic landscape. Copper and nickel prices are surging, reflecting strong industrial demand and market speculations. Oil markets are reacting to geopolitical developments, influencing prices and investment policies, notably the recent U.S. policy shift regarding Venezuela. Globally, the economic outlook appears promising with the International Monetary Fund upgrading its growth projections, yet challenges persist, particularly in China where despite a GDP growth beat, underlying weaknesses remain. 𝗙𝗼𝗿 𝗲𝘅𝗰𝗹𝘂𝘀𝗶𝘃𝗲 𝗰𝗼𝗺𝗺𝗼𝗱𝗶𝘁𝘆 𝗻𝗲𝘄𝘀, 𝘀𝘂𝗯𝘀𝗰𝗿𝗶𝗯𝗲 𝘁𝗼 𝗔𝗿𝗴𝘂𝘀 𝗡𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿𝘀. https://okt.to/ODQeNE #oilandgas #metals #trade #markets #economics #US #China
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