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EIA Short-Term Energy Outlook report: It is expected that as oil shipments through the Strait of Hormuz resume, the price spread between Brent and WTI crude oil will gradually narrow, and oil prices will fall.

2026-04-08

EIA Short-Term Energy Outlook report: It is expected that as oil shipments through the Strait of Hormuz resume, the price spread between Brent and WTI crude oil will gradually narrow, and oil prices will fall.

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2026-04-07

Analysts at TD Securities and Credit Agricole CIB expect the yuan to strengthen to 6.8 per dollar in the second quarter, defying its typical seasonal decline, supported by China’s economic recovery and resilience to the Iran war. The currency, usuall

Analysts at TD Securities and Credit Agricole CIB expect the yuan to strengthen to 6.8 per dollar in the second quarter, defying its typical seasonal decline, supported by China’s economic recovery and resilience to the Iran war. The currency, usually pressured by outbound tourism and dividend-related FX demand, has outperformed in 2026 after rising about 3% in Q1 against peers. Strategists including Eddie Cheung of Credit Agricole, Wee Khoon Chong of BNY and Alex Loo of TD Securities cited strong trade performance, a widening surplus, undervaluation and large oil and FX reserves as key supports, helping position the yuan as a regional haven despite external shocks.
2026-04-08

The US EIA's short-term outlook for April crude oil production forecasts 13.51 million barrels per day, compared to 13.61 million barrels per day previously.

The US EIA's short-term outlook for April crude oil production forecasts 13.51 million barrels per day, compared to 13.61 million barrels per day previously.
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