Japan Trade Minister says will work closely with IEA on oil response
The statement from Japan's Trade Minister highlights a potential collaborative effort with the International Energy Agency (IEA) to address oil-related issues.
UK Chancellor Reeves says she will take necessary decisions to help families with the cost of living; market movements are likely to put upward pressure on inflation; is ready to support coordinated release of IEA oil reserves
US reportedly believes a joint release of 300-400mln barrels of oil is appropriate, according to CNBC; G7 Energy Ministers to meet on Tuesday on oil reserves and will discuss possible release of oil reserves
Japan Trade Minister says will work closely with IEA on oil response
European Closes: Euro Stoxx 50 -0.54% at 5,689, Dax 40 -0.83% at 23,394, FTSE 100 -0.34% at 10,250, CAC 40 -0.98% at 7,915, FTSE MIB -0.29% at 44,025, IBEX 35 -0.86% at 16,928, PSI -0.78% at 8,876, SMI -1.08% at 12,955, AEX +0.27% at 983.
Mediterranean Shipping Company (MSC) to end voyage declarations for exports from Arabian and Persian Gulf.
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This indicates a proactive approach amidst current energy concerns, suggesting that further coordinated actions may follow, which could influence oil prices and regional stability. Watch for how this aligns with broader market sentiments and any resultant shifts in WTI and related commodities sectors.
Related headlines
- Russian Deputy PM Novak says Russia is experiencing some gasoline shortages2 hours ago
- Kazakhstan’s August oil and gas condensate production rose 11% M/M, sources say4 hours ago
- Kazakhstan's oil and gas condensate output rose 11% M/M in August vs the prior month4 hours ago
- Russia Deputy PM Novak says Russia is to slightly lower oil output in 2026, Tass reports6 hours ago
- Russian Deputy PM Novak says OPEC's role in the market remains important; will continue to exert significant influence on the oil market because of its high output7 hours ago
- CRUDE WRAP: WTI (V6) SETTLES USD 0.79 HIGHER AT 91.01/BBL17 hours ago
- US President Trump clarifies that Commerce Secretary Lutnick had Venezuela on his mind when he said nobody was killed, adds that 18 people were killed in Iran1 hour ago
- PRIMER - Today’s Fedspeak includes: Waller, Hammack, Goolsbee1 hour ago
- Ukrainian Navy says it struck a Russian support vessel in Sochi port1 hour ago
- US President Trump posts image of 20mln BPD through the Hormuz vs. 18mln BPD before1 hour ago
- Russian Deputy PM Novak says Russia's gas supplies to China will reach 50bln cubic metres this year, reports Tass1 hour ago
- Israeli Defence Minister Katz says the military will target all of Iran's infrastructure, including energy; an Iranian attack would free Israel from its existing limits2 hours ago
- [MARKET UPDATE] Gradual strength in the crude complex has put pressure on the fixed income space, with US equity futures also moving a touch lower; action which lacks a clear driver2 hours ago
- Russian President Putin says attacks on three oil refineries have been repelled; adds that Russia must respond in kind3 hours ago
- [MARKET ANALYSIS] European bourses tilt higher, Elliott reportedly pushes DTE GY to scrap TMUS merger; AVGO misses Q4 guidance estimates4 hours ago
- Iranian Chairman of the National Security and Foreign Policy Commission says the Strait of Hormuz cannot be opened without Iran’s will, IRIB reports4 hours ago
- US Daily Equity Opening News - MSFT to report quarterly Azure sales; AVGO slips on outlook; HPE falls amid supply constraints; VRNS in take-private talks; Elliott urges DTEGY to reconsider TMUS merger; DEC to acquire Birch Resources for USD 1.8bln4 hours ago
- [MARKET ANALYSIS] Crude takes a breather after a choppy mid-week; metals mixed4 hours ago
- [MARKET ANALYSIS] Yields slip off best levels as energy benchmarks edge lower; JGBs in focus following a GPIF meeting and BoJ sources4 hours ago
- Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement4 hours ago
The whole workspace, free to try.
Try it free