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16:58
Report: Abu Dhabi National Oil Company informs joint venture partners that loading from inner Gulf ports is no longer required
For March cargoes only, stakeholders will be allowed to ship 80% of the remaining Murban crude oil from Fujairah. Previously, the oil company informed its onshore oil field project partners to collect their Murban crude oil at Jebel Dhanna port. This port is located inside the Persian Gulf, west of the Strait of Hormuz. (Bloomberg)
16:54
Italy and Greece 10-year government bond yields rise by more than 7 basis points
Two-year French bond yields rose by 4.6 basis points, and 30-year French bond yields rose by 4.8 basis points. Italian 10-year government bond yields increased by 7.5 basis points, reaching 3.744%. Spanish 10-year government bond yields rose by 4.8 basis points, reaching 3.457%. Greek 10-year government bond yields increased by 7.3 basis points, reaching 3.739%.
16:48
Huntington Ingalls Industries has officially approved a new labor agreement.
The agreement will bring significant salary increases to shipyard workers represented by unions at Ingalls Shipbuilding. According to the terms of the agreement, workers' base salaries will see an increase of at least 18%. This move aims to recognize and reward the professional skills and contributions of shipyard workers.
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