Daily Global Commodity Market Highlights (October 28)
2024-10-28 14:23:10
< br > < span class = "section-news" > 1. Oil prices tumbled 5% at the start of trading after Israel launched a limited strike on Iran that evaded energy and nuclear facilities. < br > < span class = "section-news" > 2. Citi cut its Q4 Brent crude oil price forecast to $70 a barrel from $74. ' < br > < span class = "section-news" > 3. South Korea's presidential office: South Korea may consider further fuel tax cuts if global oil markets experience severe volatility. < br > < span class = "section-news" > 4. US Commodity Futures Trading Commission: Net speculative long positions in WTI crude oil futures decreased by 16,086 lots to 65,464 lots in the week ending October 22. < br > < span class = "section-news" > 5. US Commodity Futures Trading Commission: Net speculative long positions in COMEX gold futures increased by 6,806 lots to 242,089 lots in the week ending October 22. < br > < span class = "section-news" > 6. According to Interfax: Russian President Vladimir Putin said that Russia is ready to continue to send natural gas through Ukraine. < br > < span class = "section-news" > 7. Baker Hughes Oil Service: US oil and gas rigs reduced by 2 units in October. < br > < span class = "section-news" > 8. Sources said that the export volume of CPC blended oil in the Black Sea will rise from 1.07 million barrels per day in October to 1.42 million barrels per day in November. Maintenance work on the Inkashagan field is over. < br > < span class = "section-news" > 9. Thai Ministry of Commerce: Thailand's rice exports rose by 8.8% year-on-year in September.