Finance
Underlying Job Market Dynamics Begin to Retighten. The Fed Is Already Backpedaling on the Pace and Depth of Rate Cuts
Job openings and voluntary quits jumped by the most in over a year, layoffs and discharges plunged.
Finance
Biofuel
Trading house STX Group buys Marine Olie for biofuels business growth
STX Group Dutch environmental commodity trader STX Group has acquired compatriot trader of waste-based advanced feedstocks Marine Olie for an undisclosed sum. The Amsterdam-based firm said the move would bolster its position in the biofuels […]
Finance
Beijing vows to protect itself from US economic ‘bullying’
Washington has restricted the export of a broad range of chipmaking tools and software to China China’s Ministry of Commerce has vowed to take “necessary measures” to safeguard its interests after the US imposed sweeping […]
Downstream
US Has Natty Gas for days!
Daily Standup Top Stories Traders Become More Bullish on European Diesel as Winter Arrives December 2, 2024 Mariel Alumit Hedge funds and portfolio managers are reducing their short positions on European diesel futures. Rising natural gas […]
Finance
Factory Construction Spending Soars to New Record, +16% YoY, +242% since 2019: Result of Corporate & Strategic Rethink
Trump’s tariffs — a tax on profit margins of US & foreign companies — will push in the same direction as Biden’s taxpayer-and-debt-funded incentives.
Finance
Trump’s Tariff Threats Trigger Surge in Chinese Exports
Importers are frontloading freight from China in anticipation of President-elect Trump’s proposed tariffs. Air cargo flights out of China have reached record levels as businesses rush to stockpile goods. Analysts predict a short-term export boom […]
Big Oil Companies
Oil Producers Block Binding UN Treaty to Curb Plastics
A small group of major oil-producing countries, including the leaders of the OPEC+ alliance – Saudi Arabia and Russia – have blocked a United Nations-backed summit from agreeing on a binding treaty to put limits […]
Downstream
Traders Become More Bullish on European Diesel as Winter Arrives
Hedge funds and portfolio managers are reducing their short positions on European diesel futures. Rising natural gas prices and colder weather are boosting demand for diesel and gasoil. Traders are becoming more bullish on diesel […]
BRICS
Trump threatens BRICS
Daily Standup Top Stories Trump threatens BRICS December 1, 2024 Clark Savage ENB Pub Note: If the Biden-Harris administration had not weaponized the US Dollar in such a criminal pattern, BRICS would not have gained the […]
BRICS
Trump threatens BRICS
ENB Pub Note: If the Biden-Harris administration had not weaponized the US Dollar in such a criminal pattern, BRICS would not have gained the traction that has been able to achieve. Anyone looking to replace […]