China's Shanghai Futures Exchange to adjust price limits, margin requirements for fuel oil and other futures contracts from the 5th of February closing settlements
Newsquawk Staff ·
China's Shanghai Futures Exchange to adjust price limits, margin requirements for fuel oil and other futures contracts from the 5th of February closing settlements.
What it means
The Shanghai Futures Exchange's adjustment of price limits and margin requirements for fuel oil and other futures contracts is significant as it may influence trading volumes and volatility in the energy markets. Such changes could reflect a response to market conditions or volatility and could potentially have ripple effects on WTI and other related commodities. Traders should monitor how this affects liquidity and pricing dynamics in both the domestic and international markets.
- The Yemeni Armed Forces reportedly attack vital facilities in the southern region of Saudi Arabia, reports Sabereen News
- CRUDE WRAP: WTI (Z6) SETTLES USD 0.37 LOWER AT 96.09/BBL
- Eight tankers carrying 300,800 tonnes of Russian diesel are being monitored on potential voyages to the US, with seven declaring the US as their destination and arrivals expected from November 7th, according to Ukrainian sources cited by an RFE journalist
- Venezuela's October oil exports 1.08mln bpd, almost unchanged, according to shipping data
- [MARKET UPDATE] Crude benchmarks sink on reports that the US and Tehran have made concessions related to the Iranian nuclear program and frozen funds; Brent Jan'27 has slipped beneath USD 102/bbl
Related headlines
- ECB’s Sleijpen says the Iran shock is more persistent than earlier thought but we don’t really see second-round effects yet4 days ago
- Israel has shared intelligence with the US asserting that Iran is considering the use of chemical weapons against its adversaries, information met with alarm by some American officials and deep skepticism by others, NYT reports citing sources5 days ago
- "Washington has approved the draft memorandum of understanding that the Qatari delegation presented to Iran yesterday", Al-Araby Al-Jadeed reports citing sources close to the mediation team5 days ago
- US President Trump says they have total control of the Middle East. Israel has been a helper.5 days ago
- Qatari mediators expect feedback from the US and Iran within 36 hours on a new proposal to advance talks, according to an official briefed on the talks cited by Reuters5 days ago
- US Midterms Cheat Sheet for Traders4 days ago
- Newsquawk US Market Wrap - Stocks mixed on AI rebound ahead of US midterms4 days ago
- US FX WRAP: Dollar sees two-way trade on geopols as US midterms await 4 days ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 11+ TICKS LOWER AT 106-164 days ago
- Sources close to the White House report a divisiveness in the Trump administration's approach to Iran, reports ILNA5 days ago
- US military threats against Iran are hindering progress in the conflict resolution process, according to an Iranian political source cited by RIA Novosti5 days ago
- Iranian Foreign Ministry Spokesperson says "Past experiences preclude any optimism regarding Washington's seriousness in diplomacy"5 days ago
- Israeli PM Netanyahu was reportedly the one who proposed to US President Trump the ending of financial aid to Israel, N13 reports citing sources5 days ago
- Spokesperson for the Iranian negotiating delegation says that "we continue to exchange messages through intermediaries", Al Hadath reports5 days ago
- US EQUITY OPEN: Tech pares back some recent losses as US/Iran negotiations and US midterms are in focus5 days ago