16:07:35
German Economy Ministry: A longer-lasting economic downturn in the sense of a recession is currently not expected.
16:06:51
German Economy Ministry: Economic data point to a modest recovery this year.
16:02:36
IEA Monthly Report: Global oil supply fell by 660,000 barrels per day to 100.6 million barrels per day in May after some OPEC+ oil-producing countries additionally cut production.
16:02:27
IEA Monthly Report: It is expected that the oil used for transportation will decline after 2026, and the demand for petrochemical and jet fuel will remain strong.
16:02:03
IEA monthly report: annual oil demand growth is expected to drop from 2.4 million barrels per day this year to 400,000 barrels per day in 2028.
16:01:54
IEA monthly report: Global oil demand will grow by 6% to 105.7 million barrels per day between 2022 and 2028.
16:01:36
IEA Monthly Report: It is expected that the oil used for transportation will decline after 2026, and the demand for petrochemical and jet fuel will remain strong.
16:01:21
IEA Monthly Report: Upstream oil investment is sufficient to meet estimated demand to 2028.
16:01:05
IEA Monthly Report: It is expected that by 2023, upstream oil investment will reach the highest level since 2015.
16:01:00
IEA monthly report: OECD industrial crude oil inventories increased by 33.6 million barrels in April.
16:00:57
IEA Monthly Report: Upstream oil investment exceeds what is needed to achieve net-zero global emissions.
16:00:45
IEA monthly report: OPEC+ oil production will decrease by 470,000 barrels per day in 2023 and 200,000 barrels per day in 2024.
16:00:23
IEA monthly report: as the peak is approaching, oil demand growth will slow down sharply.
15:59:51
According to The Washington Post: U.S. senators block arms sale to Hungary over delay in NATO application.
15:57:56
ING: EUR/USD is expected to end the week closer to 1.0700 than 1.0800.
15:57:22
British Chancellor of the Exchequer Hunt on borrowing costs: We are in a completely different situation now than in the past.
15:56:05
Senior Ukrainian government official: IAEA chief Grossi waited for safer time before going to Zaporozhye NPP.
15:52:33
Shell (SHEL.N) plans to sell its stake in a Pakistani unit.
15:50:56
India Meteorological Department: After June 18, parts of eastern India will usher in the monsoon.
15:50:00
The IEA will release its monthly crude oil market report in ten minutes.