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  • Warmer Nov to limit Asian spot LNG demand

    From argusmedia.com

    Northeast Asian countries are facing higher than usual LNG inventories ahead of winter, resulting in expectations of limited incremental spot LNG demand throughout their typically high-demand winter season. Higher than usual temperatures at the onset of winter have likely curbed LNG consumption for power generation to meet heating needs during the month, limiting regional inventory drawdowns. South Korean LNG inventories for November are estimated to be at an all-time high, much higher over the same period compared with the past three years, according to forecasts from Korea Electricity Statistical Information ... (full story)

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    Japan government sees the economy picking up moderately

    From @DailyFXTeam|Nov 24, 2022|2 comments

    tweet at 4:39am: -Japan government sees the economy picking up moderately -Japan’s government maintains economic assessment for November -Japan government cuts the view on public investment

    China's CNOOC steps up Western retreat with launch of US sale: Report

    From channelnewsasia.com|Nov 24, 2022

    Chinese oil and gas major CNOOC has sounded out potential buyers of its interests in US oilfields, two sources said, stepping up its retreat from Western nations amid sanctions ...

    China expands lockdowns as COVID-19 cases hit daily record

    From apnews.com|Nov 24, 2022|3 comments

    China is expanding lockdowns, including in a cental city where factory workers clashed this week with police, as its number of COVID-19 cases hit a daily record. People in eight ...

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    Beijing is going back into lockdown — CGTN

    From @PriapusIQ|Nov 24, 2022|9 comments

    tweet at 5:20am: Beijing is going back into lockdown — CGTN

    ECB Insider: ‘I’m Almost Sure’ That December Hike Will Be 50Bps

    From @LiveSquawk|Nov 24, 2022|2 comments

    tweet at 5:34am: ECB Insider: ‘I’m Almost Sure’ That December Hike Will Be 50Bps https://t.co/LstxnOfg1v

    WTI Crude Oil Finds Trendline Support at $77.50 After Pullback

    From fxdailyreport.com|Nov 24, 2022

    The WTI crude oil price on Thursday pulled back before finding strong trendline support at about $77.50. The light crude oil appears to be trading within a gently descending ...

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  • Posted: Nov 24, 2022 4:56am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 193
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