China’s commericial crude oil stocks fell 3.4 percent month on month in August – report

China’s commercial crude oil stocks fell 3.42 percent in August from a month earlier, while stocks of refined oil products dropped 0.97 percent, according to data compiled by the official Xinhua News Agency. The fall was a result of decreasing output and imports, and rising processing volume, according to Xinhua. Gasoline stocks went down during […]

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Here is what others are talking about this morning: Oil edges up as Saudi discusses oil supply cut extension Gold retreats from 1-year high as dollar gains ground Asia stocks rise, dollar rebounds as Irma weakens China invests $9.1 billion in Rosneft as Glencore, Qatar cut stakes ONGC’s gas production plan from KG basin may […]

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Daily Masala

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Daily Masala

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Daily Masala

Here is what others are talking about this morning: U.S. gasoline prices slip as oil industry bounces back from Harvey Global stocks tentative after selloff on North Korea fears Gold eases from near 1-year high as dollar steadies Bullishness on China sends copper soaring India to bid for Israel oil-and-gas exploration blocks: Dharmendra Pradhan Soya: […]

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Daily Masala

Here is what others are talking about this morning: Yen, bonds and gold gain after North Korea tests ‘hydrogen bomb’ Gold hits 10-month high in wake of N.Korea nuclear test Oil markets volatile in wake of Hurricane Harvey Metals prices are saying a global recovery is afoot Hindalco earmarks $3 billion for overseas acquisitions New […]

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Daily Masala

Here is a list of what others are talking about this morning: Storm Harvey paralyses a fifth of U.S. fuel output Dollar rebounds as North Korea missile test fears recede, Asia stocks flat Gold inches lower on dollar rebound as N. Korea concerns ease The battle for India’s $45 billion gold industry has begun Harvey […]

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Daily Masala

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Here is what others are talking about this morning: U.S. gasoline futures surge after Harvey, euro holds gains on Draghi comments Harvey throws a wrench into U.S. energy engine Gold rises to 1-week high after Yellen’s speech China building state companies ‘bigger’ as party tightens grip  India’s soybean output may fall 17% To prevent influx […]

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