News

Indian Oil executive: The company's crude oil inventory exceeds one month.

Indian Oil executive: Indian Oil refineries are operating at full capacity.

Indian Oil executive: Has diversified LNG imports to cover Nigeria, Oman and Indonesia.

Office of the United States Trade Representative: To celebrate the 250th anniversary of the founding of the United States, Trump will host a summit at the Trump National Doral Golf Resort in Miami, Florida, on December 14-15.

Office of the U.S. Trade Representative: U.S. Trade Representative Greer will host the G20 Trade Ministers’ Meeting in Milwaukee, Wisconsin, from September 30 (Wednesday) to October 1 (Thursday), local time.

Data shows that from May 1 to 15, Russia’s seaborne petroleum product exports increased by 10% month-on-month.

Indian Oil Corporation executive: Diversified LPG and crude oil procurement has been achieved.

Kenya’s Energy Minister: The diesel price cut by 10 shillings per unit last night alone reduced revenue by about 2.7 billion shillings.

U.S. stock index futures fell further, with Nasdaq futures falling more than 0.8%, S&P 500 futures falling more than 0.5%, and Dow futures falling 0.3%.

Russian Deputy Foreign Minister Ryabkov: The risk of direct conflict between Russia and NATO is increasing.

Russian Defense Ministry: Russian troops have taken control of Volokivka in eastern Ukraine.

Qatar Foreign Ministry: The Qatari Foreign Minister had a phone call with the Saudi Foreign Minister. The two sides reviewed the cooperative relations between the two countries and the ways to support and strengthen them, and discussed the development of the regional situation, especially related to the ceasefire between the United States and Iran. It is necessary for all parties to respond to the current mediation efforts in order to resolve the root causes of the crisis through peaceful means and dialogue and reach a sustainable agreement to prevent the escalation of the situation.

Nasdaq Technology ETF Invesco: Trading will be suspended from the opening of the market on May 20, 2026, and trading will resume from 10:30 on May 20, 2026. During the suspension period, the redemption business of the fund will be handled as usual.

Statoil: Statoil signed a five-year supply agreement with Germany.

The Eurozone's seasonally adjusted trade account recorded 3.5 billion euros in March, the smallest surplus since June 2025.

The euro zone’s seasonally adjusted trade balance in March was 3.5 billion euros, compared with the previous value of 7 billion euros.

The Eurozone's unseasonally adjusted trade balance in March was 7.8 billion euros, with the previous value revised from 11.5 billion euros to 11.1 billion euros.

Ukrainian Prime Minister: Ukraine’s long-range sanctions are causing serious damage to the Russian economy. Export data for April showed that Russia's exports of petroleum products were down 21% year-on-year and down 12% compared with March.

Indian industry official: Indian soybean meal exporters have not received new orders this month after soybean meal prices rose.

Indian industry officials: India’s soybean meal exports in 2025/26 are expected to be about 900,000 tons, compared with 2.02 million tons in the same period last year.