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Gold
4789.30
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86.681
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159.151
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Real-time News
Citigroup gave Dell (DELL.N) a 30-day upside outlook ahead of its earnings release.According to the Financial Times, British fintech company Revolut plans to achieve a valuation of $200 billion when it goes public in the future.April 21 – According to five sources and Reuters calculations, Russia was forced to cut oil production in April due to Ukrainian drone attacks on ports and refineries, as well as disruptions to crude oil supplies through Russias only oil pipeline to Europe. Sources indicated that Russian oil production in April likely fell by approximately 300,000 to 400,000 barrels per day compared to the average level at the beginning of the year, potentially the most severe monthly decline in Russian production since the pandemic began. Oil, primarily sourced from fields in the West Siberian Basin, is the lifeblood of Russias $3 trillion economy; therefore, the decline in oil production will reduce the fiscal revenue of the worlds second-largest oil exporter. However, the potential losses may be somewhat mitigated by the conflict with Iran. Russian Finance Minister Anton Siluanov stated last Thursday that high oil prices will help reduce the budget deficit.According to Hong Kong Stock Exchange filings, JPMorgan Chase increased its short position in Meitu (01357.HK) from 1.85% to 2.83% on April 15.According to five sources and related calculations, Russias oil production in April fell by about 300,000 to 400,000 barrels per day compared to the average level in the first few months of this year.
