[Daily Global Commodity Market News Express (May 24) ] 1. Dubai sets the August 2024 crude oil price spread at the same level as Oman crude oil. </span...
2024-05-24 15:21:41
< b > [Daily Global Commodity Market Highlights Express (May 24th) ] < br > < span class = "section-news" > 1. Dubai sets crude oil price spread to be equal to Oman crude in August 2024. < br > < span class = "section-news" > 2. Market news: UK energy price cap to fall 7% ahead of July election. < br > < span class = "section-news" > 3. Oil company BW Offshore: Rising energy demand, underinvestment in capacity and geopolitical conflicts continue to support high oil and gas prices. < br > < span class = "section-news" > 4. Peruvian Central Bank Governor Velarde: Peru's mining exports could reach $47 billion in 2024 if prices remain high. < br > < span class = "section-news" > 5. According to Interfax: Russian Deputy Prime Minister Novak plans to build a platinum plant in Bahrain. < br > < class span = "section-news" > 6. According to Interfax: Moscow Exchange plans to launch soybean futures in 2024.
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Shanghai Futures Exchange: Copper inventories rose by 9,944 tons this week, aluminum inventories fell by 688 tons, zinc inventories fell by 1,483 tons, lead inventories fell by 17,658 tons, nickel inventories rose by 1,209 tons, tin inventories rose by 445 tons, and natural rubber inventories rose by 710 tons.