Kuwait lowers June crude prices for Asia, a pricing document shows
Kuwait's decision to lower crude prices for Asia signals a focus on maintaining competitiveness in a market experiencing fluctuating demand.
German VDA Auto Association expects larger job cuts than previously thought amid a location crisis, Die Zeit reported
BoJ says there was no meeting held between the US Treasury Secretary Bessent and BoJ Governor Ueda
Kuwait lowers June crude prices for Asia, a pricing document shows
European pre-market movers: ABN AMRO (ABN NA) +5.2%, Merck (MRK GY) +4.2%, Allianz (ALV GY) +1.1%, Deutsche Telekom (DTE GY) +1.1%, RWE (RWE GY) -0.8%, Siemens (SIE GY) -0.8%
Swedish Inflation Rate MoM Final (Apr) M/M -0.6% vs. Exp. -0.6% (Prev. -0.6%)
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This may prompt other producers to adjust their pricing strategies in response, impacting WTI and Brent crude benchmarks and potentially influencing broader inflation and FX dynamics related to oil-dependent economies.
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