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Day: August 1, 2022

Wim Van Hooydonk Warnings and Updates – Oil prices fall ahead of OPEC+ meet; Brent crude hits $103.34/bbl

Oil prices fell early on Monday as investors braced for a meeting this week between OPEC and other major producers on supply adjustments. Brent crude futures LCOc1 were down 63 cents, or 0.6%, at $103.34 a barrel by 0000 GMT. US West Texas Intermediate crude CLc1 was at $97.87 a barrel, down 75 cents, or …

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Wim Van Hooydonk Warnings and Updates – Decreasing Indian wheat stocks set to deal another blow to Bangladesh

India’s lowest wheat stocks in 14 years and rising dollar prices mean Bangladesh’s wheat problems are far from over. On Saturday, wheat prices fell by T4 to 5 per kg as India continued to export through Hili Land Port in Dinajpur, however, this will bring short-term relief. Haroon Ur Rashid, President of Hili Land Port …

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