Yongchang Chin
Asia Oil Trading Reporter at Bloomberg News
Covering crude oil markets for Bloomberg @business news • Energy, commodities, and other bits too • Tweets and opinions are mine, not my employer's
Articles
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2 days ago |
bloomberg.com | Yongchang Chin |Alex Longley |Anthony Di Paola
Crude oil storage tanks at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Ras Tanura, Saudi Arabia. (Bloomberg) -- Saudi Aramco cut the price of its main oil grade to buyers in Asia after OPEC+ continued with its outsized output increases for a third month. The Saudis led the producer group over the weekend in agreeing to raise production by 411,000 barrels a day in July, a third straight month of outsized hikes.
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3 days ago |
bloomberglinea.com | Yongchang Chin |Daniel Acker
Bloomberg — Goldman Sachs Group Inc. dijo que espera que la OPEP+ repita los recientes aumentos de producción por cuarto mes para agosto, un cambio respecto a su previsión anterior de que el grupo haría una pausa tras la reunión del pasado fin de semana.
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4 days ago |
financialpost.com | Alex Longley |Yongchang Chin
Advertisement 1Wildfires in Canada are also threatening output in the world’s fourth-largest producerArticle contentOil surged after OPEC+ increased production less than some had feared and geopolitical concerns flared over Ukraine and Iran. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. We apologize, but this video has failed to load.
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4 days ago |
bloomberglinea.com | Yongchang Chin |Spencer Platt
Bloomberg — La OPEP+ va a seguir devolviendo la producción durante otros tres meses, lo que contribuirá a hacer bajar los precios del petróleo, según Morgan Stanley (MS). Los ocho miembros clave del cártel que habían recortado voluntariamente la producción en noviembre de 2023 anunciaron el sábado una cuarta recuperación consecutiva de esas reducciones.
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1 week ago |
financialpost.com | Sybilla Gross |Yongchang Chin
Article contentGoldman Sachs Group Inc. touted gold and oil as hedges against inflation in long-term portfolios, citing the appeal of bullion as a haven amid concerns over United States institutional credibility and crude’s ability to protect against supply shocks. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. We apologize, but this video has failed to load.
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Al least two independent Chinese refiners have made a rare foray into the broader international crude market, snapping up cargoes of Middle Eastern oil for delivery next month https://t.co/imnxzI7UxL
RT @journorakesh: Some Indian #refiners are planning to take more #Russian crude from the spot market this year, with at least one processo…
Some Chinese producers of a chemical used to improve the quality of gasoline have suspended operations as the trade war with Washington raises the cost of feedstock supplied from the US https://t.co/reeX5U2iM1 via @markets