Pemex reports control of the incident at the Salina Cruz refinery (330k BPD capacity)
Pemex's control of the incident at the Salina Cruz refinery is critical, particularly given its substantial capacity of 330k BPD.
German Inflation Rate MoM Final (Apr) M/M 0.6% vs. Exp. 0.6% (Prev. 1.1%, Low. 0.6%, High. 0.6%)
German Inflation Rate YoY Final (Apr) Y/Y 2.9% vs. Exp. 2.9% (Prev. 2.7%, Low. 2.9%, High. 2.9%)
Pemex reports control of the incident at the Salina Cruz refinery (330k BPD capacity)
[MARKET UPDATE] USD/JPY drops from 157.70 to 156.70. Thereafter, returns above the 157.00 handle.
Newsquawk Daily European Equity Opening News - 12th May 2026
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This may help alleviate supply concerns that typically influence crude prices, especially in the WTI and Brent markets. Traders should watch for related movements in gasoline and broader energy commodities as the situation stabilizes.
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