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Jun 8 • 3 tweets • 2 min read
UAE energy minister: Situation is not encouraging when it comes to quantities of crude OPEC+ can bring. We have seen the conformity of the OPEC+ group and the conformity is more than 200%. Risk for oil market is when china demand recovers.
#OOTT #OPEC
UAE energy minister: Talking with our friends in Germany and others if they are interested in our natural gas. #ONGT
UAE energy minister says crude prices 'nowhere' near peak yet. #OOTT

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More from @Sino_Market

CN Wire Profile picture
Jun 8
⚡#China's Premier Li Keqiang deploys measures to further stabilize foreign trade and foreign investment: CCTV
$ASHR $CNy $CNH
⚡#China's cabinet says downward pressure on the economy still prominent.
$ASHR $CNY $CNH
⚡#China's cabinet calls for ensuring reasonable economic growth in 2Q: CCTV
$ASHR $CNY $CNH
Read 6 tweets
CN Wire Profile picture
Jun 7
WORLD BANK CUTS 2022 GLOBAL GROWTH FORECAST TO 2.9% VS APRIL'S 3.2%, SAYS DANGER OF STAGFLATION IS CONSIDERABLE TODAY.
WORLD BANK: UKRAINE WAR WILL REDUCE PER CAPITA INCOME IN DEVELOPING ECONOMIES BY 5% FROM PRE-COVID TREND. RISK OF STAGFLATION, UKRAINE WAR AND CHINA LOCKDOWNS HAMMERING GROWTH, RECESSION WILL BE HARD TO AVOID FOR MANY COUNTRIES.
WORLD BANK: GROWTH IN ADVANCED ECONOMIES TO DECELERATE TO 2.6% IN 2022 VS JANUARY FORECAST OF 3.8%. GROWTH IN EMERGING MARKET, DEVELOPING ECONOMIES TO SLOW TO 3.4% IN 2022 FROM 6.6% IN 2021, WELL BELOW ANNUAL AVERAGE OF 4.8% FROM 2011-2019.
Read 5 tweets
CN Wire Profile picture
Jun 6
MUSK SAYS TWITTER REFUSAL IS BREACH OF MERGER AGREEMENT.
#Twitter $TWTR #ElonMuskBuyTwitter
MUSK BELIEVES TWITTER ACTIVELY RESISTING HIS INFORMATION RIGHTS.
#Twitter $TWTR #ElonMuskBuyTwitter
MUSK: TWITTER REFUSAL ON SPAM INFO IS BREACH OF MERGER PACT.
#Twitter $TWTR #ElonMuskBuyTwitter
Read 6 tweets
CN Wire Profile picture
May 18
Yellen: US committed to market-determined USD exchange rate. It's understandable that the dollar has risen. Strong dollar is a concern for other countries. USD-denominated debt payments harder for other nations.
#US $USD
Yellen: China lockdowns affecting production, supply chains. China tariffs under discussion in Biden administration.
#US #China
Yellen: On tariffs, some of the Trump tariffs seem to have imposed more harm on US consumers. I see a case that some relief could come from cutting some of the tariffs.
#US #China
Read 4 tweets
CN Wire Profile picture
May 18
⚡China's Premier Li Keqiang says to support platform economy and digital economy's domestic and overseas listing and financing.
#China $ASHR $KWEB $FXI
⚡China's Premier Li Keqiang repeats vows to support tech platforms, private sector.
#China $ASHR $KWEB $FXI
⚡China's Premier Li Keqiang vows effective measures to enhance confidence of private enterprises.
#China $ASHR $KWEB $FXI
Read 6 tweets
CN Wire Profile picture
May 18
European Commisison Unveils Plan to End Reliance on Russian Gas, Oil and Coal by 2027.
#OOTT #ONGT #EU #Russia
European Commission: EU Needs 210 Billion Euros in Extra Investments by 2027 to Exit Russian Gas, 300 Billion Euros by 2030. Ask Countries to Revise Plans to Spend More Covid-19 Recovery Funds on Quitting Russian Gas.
#OOTT #ONGT #EU #Russia
European Commission: Those Investments Include 113 Billion Euros for Renwables and Hydrogen Infrastructure, 29 Billion Euros for Power Grids, 56 Billion Euros for Energy Savings and Heat Pumps, 10 Billion Euros for Lng and Gas Investments, 1.5 to 2 Billion for Oil by 2030.
#ONGT
Read 5 tweets

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