Kazakhstan raised crude and condensate output by 13% m/m in February to a record high of 2.12m b/d, Reuters reports. Excluding gas condensate, crude output jumped 15.5% m/m to 1.83m b/d, according to ...
The UK is set to import 77% of its natural gas supply by 2030 due to the long-term production decline, while gas imports for power generation are set to fall by 57% by 2030 due to the increased use of ...
The Central Bank of Brazil is likely to deliver a 100-basis-point rate hike this month in line with guidance, then switch to ...
President Petro asked the central bank to reduce interest rates to aid the economy and support the agricultural sector. His comments were directed towards the new members of the central bank’s board, ...
BESS in Scotland, with the project integrating power from three nearby offshore wind farms, installer Wartsila Energy said.Additionally, Zenobe estimates that the project will save consumers £170mn ...
Comparing the degree of openness of the Latin American economies, Natixis says that it is clear that Mexico is significantly more exposed to a trade war than the rest of the region. Together, imports ...
The German curve has bear steepened this morning, with 5s30s reaching a fresh multi-month high of 58.5bps (+3.6bps steeper today) on the prospect of increased German defence and infrastructure ...
The trend condition in the Eurostoxx 50 futures contract remains bullish and - for now - the latest shallow retracement appears corrective. The contract has pierced support at the 20-day EMA, at 5417.
S&P; Global’s Manufacturing PMI for Russia fell to 50.2 in February from 53.1 in January, marking the lowest reading since September. Nonetheless, the series remained above the expansionary ...
Turkey’s annual inflation rate slowed to 39.1% in February from 42.1% the prior month, according to TurkStat, below the analyst survey forecast of 39.9%. Monthly inflation stood at 2.27%, slowing from ...
The Nordic forward curve could be supported today amid price increases in TTF, supporting neighbouring EU markets. However, stronger hydro balances in Norway and Sweden as well as upward revisions of ...
The African National Congress (ANC) will propose a downsized 0.75pp VAT hike during today's Cabinet meeting and ask the Democratic Alliance (DA) to consider it, or else it would enter talks with the ...