October 2023 – Page 68 – UAG Trade Asia

Russias Gasoline, Diesel Prices Continue to Slide on Export Ban

October 2, 2023
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MOSCOW, Oct 2 Reuters Russian wholesale gasoline Ai92 grade prices declined 1.94 on Monday on the commodity exchange to 56,945 roubles 576.45 per tonne, according to exchange data, amid government efforts to stabilise the domestic fuel market and fuel export ban. Diesel prices were down 4.97 on the day at 59,130 roubles per ton according to […]

October 2, 2023
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TOKYO, Oct 2 Reuters Japan39;s factory activity fell at the fastest pace in seven months in September, a survey showed on Monday, as worsening global economic conditions continued to weaken demand. The final au Jibun Bank Japan manufacturing purchasing managers39; index PMI fell to 48.5 in September from 49.6 in August and roughly in line […]

October 2, 2023
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WASHINGTON, Oct 2 Reuters U.S. manufacturing took a step further towards recovery in September as production picked up and employment rebounded, according to a survey on Monday that also showed prices paid for inputs by factories falling considerably. The Institute for Supply Management ISM said on Monday that its manufacturing PMI increased to 49.0 last […]

October 2, 2023
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BERLIN, Oct 2 Reuters Germany39;s manufacturing sector, which accounts for about a fifth of its economy, remained mired in a downturn in September on weak demand and rapidly falling output, a survey showed on Monday. The HCOB final Purchasing Managers39; Index PMI for manufacturing rose to 39.6 in September from 39.1 in August, below the […]

October 2, 2023
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LONDON, Oct 2 Reuters British manufacturing activity slowed sharply in September, though less steeply than the month before when it shrank at the fastest rate in more than three years, a survey showed on Monday. The SP GlobalCIPS manufacturing Purchasing Managers39; Index PMI remained well below the 50 level dividing growth from contraction, edging up […]

October 2, 2023
Oil
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TOKYO, Oct 2 Reuters Oil prices edged up on Monday, recouping some of the losses suffered at the end of last week, as investors focused on a tight global supply outlook while a lastminute deal that avoided a U.S. government shutdown restored risk appetite. Brent December crude futures rose 49 cents, or 0.5, to 92.69 […]

October 2, 2023
Oil
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ABU DHABI, Oct 2 Reuters OPEC is optimistic on demand and sees underinvestment as a risk to energy security, Secretary General Haitham Al Ghais said on Monday at an energy industry event in Abu Dhabi. He stressed the importance of continued investment in the oil and gas industry and said he sees calls to stop […]

October 2, 2023
Finance
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The expansion of the BRICS group, combined with the inclusion of major oil-exporting nations, carries profound implications for the global oil market.

October 2, 2023
Business
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Sept 29 Reuters Fisker Inc has raised 150 million from an existing institutional investor through the issue of convertible bonds with an additional 550 million in funding available, the electricvehicle startup said on Friday. The EV company expects to use the proceeds to ramp up deliveries. Fisker earlier this month reiterated its plan to increase deliveries […]

October 2, 2023
Business
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JAKARTA, Oct 2 Reuters Indonesian President Joko Widodo on Monday inaugurated a 7.3 billion highspeed railway connecting the country39;s capital with the city of Bandung, a Chinabacked project that has been marred with problems. The 142kilometre 88.23mile railway, one of the president39;s flagship infrastructure projects and part of China39;s Belt and Road Initiative, has faced […]

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Russias Gasoline, Diesel Prices Continue to Slide on Export Ban

Japans Factory Activity Extends Declines in September

US Manufacturing Sector Eyes Recovery in Sept, Production Picks Up ISM

German Manufacturing Stays Mired in Downturn in Sept PMI

UK Factory Activity Slows Sharply in September PMI

Oil Climbs as Risk Appetite Grows, Focus Returns to Supply Outlook

OPEC Optimistic on Demand, Secretary General Says

Larger BRICS to dominate oil pricing?

EV Startup Fisker Raises 150 mln from Existing Investor

Indonesia Launches ChinaBacked Whoosh HighSpeed Railway

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