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Tag: Asia

Asian Oil Imports Dipped in 2024

Asian Oil Imports Dipped in 2024

General
Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info By Irina Slav - Jan 06, 2025, 2:30 AM CST Crude oil imports into Asia dipped by a modest 1.4% last year, driven by China, in the region’s first annual decline in imports since the pandemic lockdowns.The daily average for 2024 stood at 26.51 million barrels daily, Reuters’ Clyde Russell reported earlier today, citing data from LSEG Oil Research. That compared to 26.88 million barrels daily in 2023. Based on estimated oil flows to China, LSEG Oil Resear...
United States Dollar flat after Richmond Fed verifies Manufacturing to stay in contraction for December

United States Dollar flat after Richmond Fed verifies Manufacturing to stay in contraction for December

Business
The United States Dollar trades sideways and stays unphased by headings out of China about increase bond sales next year. Chinese policymakers prepare to offer a record 3 trillion yuan of unique treasury bonds in 2025, the greatest on record. The United States Dollar Index (DXY) lives above 108.00, extremely near eke out a fresh two-year high. The United States Dollar (USD) trades with little gains on Tuesday, seeing the DXY Index trade a little above 108.00, as markets are beginning to loosen up towards the Christmas vacation. The Greenback stopped working to considerably move regardless of news that China's policymakers are drifting the concept of offering almost 3 trillion Yuan (CNH) in unique treasury bonds in 2025, Reuters reported on Tuesday. The extra capital needs to increase...
‘Satoshi’ Fraudster Faces Prison Sentence in Contempt Case

‘Satoshi’ Fraudster Faces Prison Sentence in Contempt Case

Business
By Mark Hunter8 hours agoThu Dec 19 2024 08:51:54 Checking out Time: 2 minutes Satoshi scammer Craig Wright might be sentenced to jail today over contempt of court charges Wright stopped working to appear to safeguard himself in court, declaring he could not pay for to The Australian might confront 2 years, although he will be founded guilty in absentia Craig Wright, the male who tried to deceive the British courts into blessing him Satoshi Nakamoto, deals with a jail sentence today after stopping working to show up for a contempt of court hearing. Wright, who lost his case versus the Cryptocurr...