OPEC and Russia to slash oil production in bid to boost prices

Name: OPEC and Russia to slash oil production in bid to boost prices
Uploaded: 2024-05-24T20:24:05+08:00
Description: OPEC and Russia to slash oil production in bid to boost prices

Category：hotcomm

2024-05-24

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Lu Zhe S0120521070001 Chief Macroeconomist. [Debon Macro Lu Zhe] Inflation Chapter of Economic Research Methodology Series. [Debon Macro Lu Zhe] Tariffs on China: China and the United States have different stories, and the impact of cancellation is limited. - DayDayNews
Red Star Capital Bureau noticed that this number not only increased significantly by 74.45% year-on-year in the first half of last year, but even increased by 23.98% compared with the second half of last year when sea freight rates were at a high. - DayDayNews
Dry bulk freight rates: BDI reported at 2013 points on July 12, -3.3% month-on-month and -39.0% year-on-year. According to CCTV News, on the 13th local time, the Hungarian government declared an energy emergency. The main measures include banning energy exports, canceling the ene - DayDayNews
The container shipping market is not prosperous in the peak season, and China has not seen a retaliatory shipment wave as expected after the lifting of the lockdown. The Shanghai export container freight index has fallen for four consecutive weeks and the decline has expanded, wi - DayDayNews
SCFI: The latest issue of Shanghai Export Container Freight Index was released. The SCFI index fell 59.4 points to 4143.87 points, down 1.4% from the previous issue and falling for four consecutive weeks. - DayDayNews
Dry bulk freight rates: BDI reported at 2013 points on July 12, -3.3% month-on-month and -39.0% year-on-year. Container freight rate: SCFI container freight index for the week of July 9th was 4143.8, -1.4% month-on-month, +5.4% year-on-year, of which the Shanghai-US West containe - DayDayNews
Dry bulk freight rates: The BDI index closed at 2067 points on July 8, -0.3% month-on-month and -36.2% year-on-year. Container freight rate: SCFI container freight index for the week of July 9th was 4143.8, -1.4% month-on-month, +5.4% year-on-year, of which the Shanghai-US West c - DayDayNews
Dry bulk freight rates: On July 11, the coal freight rate in Samarin, Indonesia reached US$11.87/ton in Guangzhou, China, which was -0.4% compared to last Friday and -14.2% year-on-year; - DayDayNews
Caitong Securities Co., Ltd. Li Yuebo, Liu Yang, and Yu Jian recently conducted research on Anker Innovation and released a research report "Demand is expected to remain resilient, and cost improvement has begun." This report gives an overweight rating to Anker Innovation. The cu - DayDayNews
Drewry pointed out that weak demand caused by a series of macroeconomic and geopolitical headwinds is affecting the global container shipping market. Drewry's Composite World Container Index on June 30 showed a 3% decline for the week to $7,066.03 per 40-foot container. It is wor - DayDayNews

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