surplus
China’s trade surplus soared to a record $1.2 trillion in 2025, despite Trump’s tariffs
[ad_1] China’s trade surplus surged to a record of almost $1.2 trillion in 2025, the government said Wednesday, as exports to other countries made up for slowing shipments to the...
Australia’s goods trade surplus shrinks to A$2.9 billion in November
[ad_1] [SYDNEY] Australia’s surplus on goods trade narrowed sharply in November as shipments of iron ore fell back, data showed on Thursday, while imports were a fraction firmer.The Australian Bureau...
Oil rises as Trump’s Venezuela blockade takes edge off global crude surplus concerns
[ad_1] [NEW YORK] Oil prices rallied by more than 1 per cent on Wednesday after US President Donald Trump ordered a blockade of all oil tankers under sanctions entering and leaving Venezuela, raising...
China’s trade surplus tops $1 trillion for the first time—even with Trump’s tariffs
[ad_1] China’s exports rebounded in November after an unexpected contraction the previous month, pushing its trade surplus past $1 trillion for the first time, according to data released Monday. Exports...
Oil steadies as traders weigh up surplus concerns and sanctions
[ad_1] OIL steadied as traders weighed concerns about a glut and fallout from US sanctions against Russia at the start of a data-heavy week.Global benchmark Brent traded above US$63 a...
Oil prices hit 5-month low on US-China trade tensions, looming supply surplus
[ad_1] [NEW YORK] Oil prices eased on Wednesday to a five-month low on escalating US-China trade tensions and the International Energy Agency’s prediction of a supply surplus in 2026.Brent crude futures...
Oil settles lower as Opec+ plan adds to expectations of supply surplus
[ad_1] [HOUSTON] Oil prices settled lower on Tuesday as investors braced for a supply surplus due to potential Opec+ plans for a larger output hike next month and the resumption of oil exports...
South-east Asia set to export surplus biofuels to Europe, Petronas executive says
[ad_1] [SINGAPORE] South-east Asia is positioned to export biofuels to other markets such as Europe as production capacity exceeds demand in the region, a senior executive with Malaysian state oil...
Opec+ casts shadow on Singapore’s glitzy oil bash as surplus looms
[ad_1] AN EXPECTED move by the world’s top oil-producing nations to once again increase output will set the tone for Asia’s biggest gathering of oil executives this week in Singapore,...
Opec’s new supply shock nails on oil market’s return to surplus
[ad_1] [NEW YORK] The latest oil supply shockwave unleashed by Organization of the Petroleum Exporting Countries and its partners (Opec+) is set to swell a surplus later this year, pressuring...
