PBOC throws cash into market

Source: Dukascopy Bank SA
On Monday, the People's Bank of China (PBOC) dumped $7.27B into the market via acquisition of securities from banks at 2.55% with a promise to sell them again in future.
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Mon, 22 Jul 2019 14:50:30 GMT

Russia's Novatek completes stake sale in Arctic LNG-2

Novatek, Russia's natural gas producer, announced on Monday it had finalised the stakes sale it owned in the Arctic LNG-2 project to Japan Arctic LNG's consortium, CNOOC and the Chinese National Petroleum Corporation.

Mon, 22 Jul 2019 17:46:03 GMT

Weekly crude prices down almost 7%

Last week, crude oil prices fell 6.37%, reaching $55.63 a barrel, amid deterioration of the situation between Iran and its western opponents in the Strait of Hormuz.

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