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Post by rocky on Sat 27 May 2017, 2:08 am

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Xinhua: Chinese diesel stocks fall for the second consecutive month ,
data showed from the New China News Agency official Xinhua on Friday that the country 's stocks of diesel fell 14 percent in April compared with the previous month , fell for a second consecutive month due to the growth of industrial activities and the activities of mining .
According to the service run by Xinhua that commercial crude oil inventories rose to China at the end of April , compared with 1.64 percent the previous month , recovering it from the lowest level in nearly four years.
7.9 percent of refined fuel fell during the same month , but Xinhua did not mention the total inventory sizes.

Juncker: Trump was not sharp against the German trade
denied European Commission President Jean - Claude Juncker said on Friday that US President Donald Trump has strongly condemned Germany trade policies during a meeting in Brussels on Thursday.
The German media reports said that the Trump denounced Berlin 's policies, describing it as "very bad" and hinted at his desire to restrict German car sales in the United States.
Juncker said in Sicily before the start of the Group of Seven , which includes the leaders of the United States, Germany, France, Britain, Italy, Japan and Canada "summit did not say that the Germans behave badly."
Juncker described the press reports as exaggerated , saying "not true" that Trump was sharp against Germany in his speech.

Gold rises with the decline in Asian stocks and the dollar after oil falling
record gold highest level in more than a week on Friday as the dollar fell and Asian stocks as investors played for assets that involve higher risks after falling Alinvt.uartft crude prices prices , but markets continued to fall after declining rate of five percent in the previous session after extended OPEC and other producers of crude production cuts as disappointed investors were hoping for bigger cuts.
Gold rose in online transactions 0.6 percent to $ 1262.89 an ounce ( an ounce) by 0832 GMT , after hitting a high level of $ 1264.13 an ounce earlier in the session. The yellow metal has increased 0.6 percent since the beginning of the week.
The metal rose in US futures contracts 0.5 percent to $ 1262.9 the Ooukah.hobt dollar index , which tracks the performance of the greenback against a basket of six currencies , competition 0.2 percent and reached the latest reading 97.090.
Among other precious metals silver rose 0.6 percent in spot transactions to $ 17.23 an ounce , while platinum rose 0.5 percent to $ 951.50 an ounce and palladium rose by a similar amount to $ 775.10 an ounce.

    Current date/time is Wed 23 May 2018, 7:42 am