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Daily Global Commodity Market Highlights (June 5)

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2025-06-05 08:09:14
< br > < b > ENERGY: < br > < span class = "section-news" > 1. Hungary says it exports Russian natural gas to Ukraine. < br > < span class = "section-news" > 2. Saudi Arabia slashed the official price of Arab light crude oil sold to Asia in July by 20 cents a barrel to a near four-year low. < br > < span class = "section-news" > 3. Saudi Arabia plans to push OPEC + to continue to increase oil production by at least 411,000 barrels a day in August and September to consolidate its share. < br > < span class = "section-news" > 4. Iraqi Ministry of Petroleum: The decrease in oil exports is due to the failure to receive and export oil from the Kurdish region, while being forced to cut production to comply with OPEC quotas. < br > < b > Other: < br > < span class = "section-news" > 1. According to Vietnamese media, Vietnam is expected to export 1.10 million tons of rice in May. < br > < class span = "section-news" > 2. Peruvian Minister: The government has resumed formal mining operations in areas affected by violence in northern Peru. < br > < span class = "section-news" > 3. Ukrainian Minister of Economy: The first meeting of the Ukrainian Mineral Fund is expected to take place in July. < br > < span class = "section-news" > 4. Ministry of Commerce: The Chinese side will approve applications for rare earth export licenses that meet the regulations.
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