[MARKET UPDATE] : Upside in crude as Tasnim reports of an attack on Abha International Airport in Saudi Arabia
Newsquawk Staff ·
: Upside in crude as Tasnim reports of an attack on Abha International Airport in Saudi Arabia.
- [MARKET UPDATE] Spot gold slips below USD 4k/oz, but remains just above the USD 3986/oz low. Further, modest, pressure seen in equity futures.
- US DoE has authorised an emergency of exchange of up to 400k barrels of crude oil from the SPR, to address crude oil supply disruption that is affecting Phillips 66 Lake Charles refinery (264k BPD) within Louisiana
- UAE Environment Ministry says a tanker oil spill is impacting beaches in Umm al-Quwain
- Japan government considers cutting gasoline subsidies from December, according to officials
- [MARKET UPDATE] WTI tops USD 100/bbl as punchy comments from Iran overnight gets wider airing
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