[CALENDAR ADDITION] OPEC MOMR to be released at 13:00BST/08:00EDT
The addition of the OPEC Monthly Oil Market Report (MOMR) to the calendar indicates forthcoming insights on oil supply, demand, and pricing dynamics.
Iranian Deputy Speaker of the Shura Council says the US’ goal in the Isfahan operation was to take the uranium, but they failed, Al Mayadeen reports
German Government spokesperson says the Hungary vote means Ukraine funds are expected to be released very quickly
[CALENDAR ADDITION] OPEC MOMR to be released at 13:00BST/08:00EDT
Citi says the global economy is better positioned to absorb an oil shock, with the recession threshold higher even if oil reaches USD 100/bbl.
Two Iranian-linked tankers have reportedly exited the Gulf via the Strait of Hormuz, ahead of the US-announced blockade; tankers sailing with oil, according to shipping data
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Traders should pay close attention, as this report often contains critical information that can influence oil prices and broader market sentiment, potentially swaying investor positioning in energy sectors and related commodities.
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