Thailand expects 33mln bbls of crude for April-May delivery
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UAE pushes for international force to reopen Hormuz, according to FT
UN Security Council has scheduled a closed consultation on Iran for Friday morning at the request of Russia, according to Times of Israel
Thailand expects 33mln bbls of crude for April-May delivery
Israeli Home Front reports rockets fired from Lebanon and alarms sounding in Kiryat Shmona and Margaliot
CITIC (267 HK) FY (CNY) net 58.7bln (exp. 58.9bln), NII 146.9bln, rev. 769.2bln (exp. 772.8bln)
On the Newsquawk feed at , 20 minutes before this page.
Context
Thailand's expectation of 33 million barrels of crude oil for delivery in April-May signals a significant supply addition to the market. This could influence global oil prices, particularly if demand forecasts remain stable or increase, potentially exerting downward pressure on WTI and Brent prices in the near term. Traders should monitor how this supply projection aligns with broader OPEC+ strategies and global demand trends.
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