20:49:43
NATO Secretary-General Stoltenberg: Various allies are discussing different types of security arrangements to develop a framework for Ukraine.
20:47:02
COMEX silver futures rose more than 1.00% in the day and is now at $24.07 per ounce.
20:46:55
The New Zealand dollar NZD/USD stood at 0.62, up 0.84% on the day, continuing to hit its highest level since May 24.
20:46:22
Spot gold hit $1,960 an ounce, up 0.84% on the day, and has risen nearly $15 an ounce since the release of the U.S. PPI data in May.
20:43:20
The Australian dollar broke above 0.68 AUD/USD, up 0.49% on the day.
20:32:30
Shell plans to increase LNG production capacity by 11 million tons per year by 2030.
20:31:40
After the release of the U.S. PPI data for May, the U.S. 10-year Treasury yield fell 4.90 basis points to 3.790%.
20:31:21
USD/JPY rebounded slightly after a short-term drop of nearly 30 points and is now at 139.77.
20:30:37
Spot gold rose by US$7 in the short term and is now at US$1951.6 per ounce.
20:30:30
The annual rate of PPI in the United States recorded 1.1% in May, the 11th consecutive decline, the lowest since December 2020.
20:30:08
The U.S. PPI annual rate in May was 1.1%, expected 1.50%, and the previous value was 2.30%.
20:30:07
The U.S. PPI monthly rate in May was -0.3%, expected -0.10%, and the previous value was 0.20%.
20:29:21
[IEA: Oil demand is expected to peak in 2030] The International Energy Agency (IEA) said that by 2028, oil demand will continue to grow, but at a much slower rate than this year, and as the pace of energy transition accelerates, oil demand is expected to Demand will peak in 2030. In its medium-term outlook report, the IEA said it expects global oil demand to rise from 99.8 million bpd in 2022 to 105 million bpd in 2028. In addition, the IEA predicts that by 2028, global oil supply capacity will increase by 5.9 million barrels per day to 111 million barrels per day, easily meeting demand growth. Supply growth will be largely led by U.S. shale and other producers in the Americas such as Brazil, Guyana and Argentina. It also forecasts that global upstream oil and gas investment will rise 11% this year to $528 billion, the highest level since 2015 and enough to cover projected demand growth in 2022-2028. Global oil spare capacity is expected to reach 3.8 million barrels per day by 2028, mainly concentrated in OPEC+ Middle Eastern members such as Saudi Arabia and the United Arab Emirates, which are undertaking large-scale capacity expansion projects.
20:28:07
Volkswagen plans to work out milestone plans with employee representatives by October.
20:17:26
Royal Dutch Shell will sell its entire 77% stake in its Pakistani subsidiary.
20:16:13
Qatar in talks with Egyptian wealth fund for hotel investment.
20:11:12
Brazilian oil company PetroReconcavo totaled 25,466 boe/d in May.
20:10:25
Shell CEO says long-term commitment to oil and gas.
20:10:15
Shell CEO: Capital expenditure (CAPEX) in upstream and gas remained unchanged at $13 billion.
20:08:31
Argentine Energy Minister Flavia Rojorn: Argentina will start filling new gas pipelines on June 20.