China Boosts Buying of Cheaper Saudi Crude as Surplus Expands
China ramped up buying of Saudi Arabian oil after the kingdom cut prices to the lowest level in five years…
Tag: Surplus
China trade surplus tops $1tn for first time amid pivot to counter US lull | International Trade News
Chinese exports climb as exporters reroute shipments to other markets amid slump in shipments to the US. Published On 8…
China’s Steel Surplus Is Not Easy to Tackle, Says Association
China’s stubborn steel overcapacity won’t be easy to fix because the industry is so deeply intertwined with the country’s broader…
Macron Warns EU May Hit China With Tariffs Over Trade Surplus
French President Emmanuel Macron warned that the European Union may be forced to take “strong measures” against China, including potential…
Vietnam Trade Surplus Narrows as Officials Seek US Trade Deal
Vietnam’s trade surplus narrowed for a third straight month in November as the country works to conclude its tariff deal…
Oil’s Surplus Is Growing, But So Is Geopolitical Risk
Markets face a rocky road lower despite the huge oversupply. www.bloomberg.com #Oils #Surplus #Growing #Geopolitical #Risk
Vietnam Trade Surplus Shrinks as Imports, Exports Miss Estimates
Vietnam’s exports and imports both missed estimates in October, and the trade surplus narrowed for a second straight month in…
Oil Steady as Traders Focus on Surplus and US-China Trade Talks
Oil was steady as investors weighed signs of a swelling surplus ahead of trade talks between the US and China…
Oil’s Long-Awaited Surplus Arrives on Billion-Barrel Flotilla
The best place to observe the shift taking place in global oil markets is at sea. www.bloomberg.com #Oils #LongAwaited #Surplus…
Record Surplus in September Highlights U.S. Fiscal Momentum as BTC Struggles
Bitcoin’s BTC$105,247.40 short-term outlook may appear bleak with the price hovering around $105,000, but the U.S. fiscal picture looks considerably…