The world’s largest oil importer, China, purchased 43.14 million tons of crude in October, equating to 10.2 million barrels per day, according to data released by the country’s customs service on Monday. October oil imports were 4% greater than in September and the highest since May.
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This year’s production is expected to be higher than earlier estimates, market researcher IKAR has said Russian farmers are projected to reap up to 137 million tons of grain, including 88 million tons of wheat this year, according to the Institute for Agricultural Market Studies (IKAR).
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The US and Israeli leaders have reportedly discussed halts to the attacks against Hamas to ease aid shipments and hostage releases US President Joe Biden and Israeli Prime Minister Benjamin Netanyahu have reportedly talked about using tactical pauses in West Jerusalem’s military offensive in Gaza to enable more aid shipments to get into the Palestinian…
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