GCash’s Post

📹 𝗩𝗶𝗱𝗲𝗼 | 𝗖𝗿𝘂𝗱𝗲 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀 | 𝗣𝗶𝘃𝗼𝘁𝗶𝗻𝗴 𝗼𝗻 𝗽𝗿𝗶𝗰𝗲 TOM REED, VP Crude and Products, China, discusses how east-versus-west pricing dynamics direct Brazilian crude flows in this episode. Brazil is one of the fastest-growing sources of non-Opec crude supply, and is expanding its market share in Europe. At the same time, favourable sweet over sour crude economics are creating greater competition for Brazilian crude from China. Watch the full video now: https://okt.to/hajcmO #ArgusMedia #oilindustry #oilprices #crude

📹 𝗩𝗶𝗱𝗲𝗼 | 𝗖𝗿𝘂𝗱𝗲 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀 | 𝗣𝗶𝘃𝗼𝘁𝗶𝗻𝗴 𝗼𝗻 𝗽𝗿𝗶𝗰𝗲 TOM REED, VP Crude and Products, China, discusses how east-versus-west pricing dynamics direct Brazilian crude flows in this episode. Brazil is one of the fastest-growing sources of non-Opec crude supply, and is expanding its market share in Europe. At the same time, favourable sweet over sour crude economics are creating greater competition for Brazilian crude from China. Watch the full video now: https://okt.to/Tfn9Ru #ArgusMedia #oilindustry #oilprices #crude

📹 𝗩𝗶𝗱𝗲𝗼 | 𝗖𝗿𝘂𝗱𝗲 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀 | 𝗣𝗶𝘃𝗼𝘁𝗶𝗻𝗴 𝗼𝗻 𝗽𝗿𝗶𝗰𝗲 TOM REED, VP Crude and Products, China, discusses how east-versus-west pricing dynamics direct Brazilian crude flows in this episode. Brazil is one of the fastest-growing sources of non-Opec crude supply, and is expanding its market share in Europe. At the same time, favourable sweet over sour crude economics are creating greater competition for Brazilian crude from China. Watch the full video now: https://okt.to/FSixwQ #ArgusMedia #oilindustry #oilprices #crude

Argus Crude Insights 2024 Eps2: Argus crude expert discusses how east-versus-west pricing dynamics direct Brazilian crude flows in this episode. Brazil is one of the fastest-growing sources of non-Opec crude supply, and is expanding its market share in Europe. At the same time, favourable sweet over sour crude economics are creating greater competition for Brazilian crude from China. #Crudeinsights2024 #Argus #buzios #tupi

📹 𝗩𝗶𝗱𝗲𝗼 | 𝗖𝗿𝘂𝗱𝗲 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀 | 𝗣𝗶𝘃𝗼𝘁𝗶𝗻𝗴 𝗼𝗻 𝗽𝗿𝗶𝗰𝗲 TOM REED, VP Crude and Products, China, discusses how east-versus-west pricing dynamics direct Brazilian crude flows in this episode. Brazil is one of the fastest-growing sources of non-Opec crude supply, and is expanding its market share in Europe. At the same time, favourable sweet over sour crude economics are creating greater competition for Brazilian crude from China. Watch the full video now: https://okt.to/Ow3QhF #ArgusMedia #oilindustry #oilprices #crude

𝐂𝐨𝐦𝐞 𝐭𝐨𝐠𝐞𝐭𝐡𝐞𝐫: 𝐒𝐮𝐫𝐠𝐢𝐧𝐠 𝐄/𝐖 𝐬𝐩𝐫𝐞𝐚𝐝 𝐜𝐨𝐮𝐧𝐭𝐞𝐫𝐞𝐝 𝐛𝐲 𝐰𝐞𝐚𝐤𝐞𝐫 𝐀𝐬𝐢𝐚𝐧 𝐧𝐚𝐩𝐡𝐭𝐡𝐚 𝐜𝐚𝐬𝐡 𝐝𝐢𝐟𝐟𝐬, 𝐠𝐥𝐨𝐛𝐚𝐥 𝐜𝐫𝐚𝐜𝐤𝐬 𝐚𝐧𝐝 𝐭𝐢𝐦𝐞 𝐬𝐩𝐫𝐞𝐚𝐝𝐬 𝐟𝐢𝐧𝐝 𝐜𝐞𝐢𝐥𝐢𝐧𝐠 In our latest naphtha market commentary, by Samantha Santa Maria-Hartke: > Global physical and paper naphtha markets are diverging, with the East/West spread at year-to-date highs, though a reconciliation between paper and physical is anticipated soon > Asian cash differentials are declining, while global cracks and time spreads are hitting a ceiling > Despite a drop in buy-side activity due to China’s Golden Week, there were several LR fixtures from the Arab Gulf and India to Japan, where naphtha inventories are significantly below historical averages > A decline in TC2 freight rates is attempting to revitalise the Rotterdam-New York Harbor route, but profitability depends on whether Rotterdam FOBs can adjust to forecasted freight increases, amid a less favourable outlook for European gasoline demand Read the full commentary by accessing your 21-day free trial for Sparta Market Outlook: https://signup.sparta.app/ #oott #oilandgas #commoditytrading #fintech #trading #naphtha #insight #data

My analysis about the blood bath in #StockMarket and #PoliticalInstability in #Pakistan. link is given in the comments ⬇️ #KSE100 #KamalTalks #PSX

WEEKLY OUTLOOK April 29-May 3. #GOLD #EURO #GBP #JPY https://lnkd.in/dG3aX2Jm I discussed last week the potential for a reduction in the tension between Iran and Israel, which has been the main driver of volatility for the past three weeks and has kept traders alert. The calm situation in the Middle East did not disturb the financial markets, and the pressure has subsided. As a result, news about the economy that was influencing the market was the focus. Because the G7 economies are due to released plenty of important economic data, this week will be very eventful. Still, the US economy will be the main focus, and data releases will be closely watched. The worrying problem that hasn't been tackled is inflation. The Federal Reserve would also like US labour market to slow down. There is still a chance of a rate reduction, but not anytime soon. The jobless data on Friday and the monetary policy statement on Wednesday—which is probably going to result in the Fed's benchmark rate remaining unchanged—are two of the many important economic events. Since hitting the 2% inflation objective in the foreseeable future appears unlikely, the market will try to interpret FED's language and hunt for cues. Meanwhile, in the absence of BOJ support, Japanese Yen is trading at a 33-year low. The carry trade interest rate gap has driven Yen to its extreme limit. JPY remains unattractive due to its historically low inflation over the past 20 years. Another factor is that Japan is the largest investor and holder of US Treasury securities, holding $ 1.1 trillion of these securities. Without the FED's blessing, it is unlikely to sell its holdings and use the proceeds to purchase YEN. The Yen was trading at 152 per USD when BOJ last intervened in October 2022. Although I anticipate far more bumpy trading, but the USD will still be in demand this week. #GOLD @ $ 2338- Is heading for a turbulent week. Initially gold could bounce back after dipping down, but needs to clear $ 2363-68 for $ 2386. However, I not ruling out another fall on break of $ 2302 for test of $ 2275-78 zones. #EURO @ 1.0692- Is likely to struggle to clear 1.0765-75 l. A break of 1.0660-70 will pave way for test of 1.0615-25 levels. #GBP @ 1.2493- Tough under pressure after dovish BOE views. But 1.2390-00 support should hold. Resistance is around 1.2550-60. Else 1.2350. #JPY @ 158.30- Japan is closed on Monday and Friday. This could see some volatility. I am expecting Yen to trade in 155.50- 160.10 band.