"China heading towards a 4.5 day work week" (2.5 day weekend) is doing the rounds again.This idea has been floated multiple times over past years. Its getting a redo in the headlines again today.
Oil: private survey of inventory shows a headline crude oil draw smaller than expected.more to come --- Expectations I had seen centred on: Headline crude -2 mn barrels Distillates +0.8 mn bbls Gasoline +0.9 mn This data point is from a privately-conducted survey by the American Petroleum Institute (API). It's a survey of oil storage facilities and companies The official report is due Wednesday morning US time.
Natural Gas Price Forecast: Tests Key Support Near $3.50.Despite a bearish session, natural gas could stabilize around key support near $3.50, backed by converging moving averages and volume-weighted indicators.
Reports that the US and Mexico are closing in on a deal re 50% tariffs on steel imports.US, Mexico are closing in on a deal that would remove President Donald Trump's 50% tariffs on steel imports up to a certain volume – Bloomberg News with the info