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Year: 2026

Commodity Market Collateral > Blog > 2026

Iraq Offers Huge Discounts for Crude Shipments via Hormuz.

  • May 5, 2026
  • Stella
  • Finance
OPEC’s second-largest producer, Iraq, is offering huge discounts of up to $33.40 per barrel off the official selling prices for its crude that has to move through the Strait...
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Saudi ADES expands Africa’s footprint with $92.7m Seplat offshore contract.

  • May 5, 2026
  • Stella
  • Finance
The agreement covers the operation of the Shelf Drilling Victory rig for an initial period of two years, with options for extension. The contract value, originally estimated at 347.6...
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OCBC to buy HSBC Indonesia’s wealth, premier banking business in first major deal under new CEO.

  • May 5, 2026
  • Stella
  • Finance
OCBC Bank has struck a deal to acquire parts of HSBC’s wealth and premier banking portfolio in Indonesia, adding over 300,000 customers to its Indonesian subsidiary and potentially opening doors...
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The great $110 trillion wealth transfer won’t happen any time soon.

  • May 5, 2026
  • Stella
  • Finance
Older Americans are sitting on $110 trillion of wealth. Their heirs might not get it anytime soon. Financial advisory firms like to talk about a looming event called “the...
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Indonesia, China launch cross-border QRIS payment to boost regional financial cooperation.

  • May 5, 2026
  • Stella
  • Finance
Indonesia and China have launched cross-border QR interoperability, marking a significant milestone in deepening financial cooperation and accelerating digital payment integration between the two countries. The initiative, introduced by...
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UAE Seeks US Currency Swap Access— But Trump Must Reject Proposal, Warn Economists.

  • May 5, 2026
  • Stella
  • Finance
The United Arab Emirates (UAE) has been in talks with the U.S. about the possibility of establishing a currency swap line, as revealed by the Middle East nation’s trade...
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UAE says OPEC exit unlocks faster growth, $55B oil push.

  • May 5, 2026
  • Stella
  • Finance
The United Arab Emirates said its decision to leave OPEC will give it more freedom to ramp up investment and expand its oil sector, as it accelerates a broader...
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EU and US trade chiefs to meet as tariff tensions escalate.

  • May 5, 2026
  • Stella
  • Finance
European Commissioner for Trade Maroš Šefčovič is scheduled to meet his US counterpart Jamieson Greer on Tuesday amid rising tensions between the bloc and the US following President Donald...
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‘Sell in May and go away?’ Not this time, as Kospi continues record-setting rally.

  • May 5, 2026
  • Stella
  • Finance
The “sell in May and go away” strategy does not appear to be working in Seoul this year, as the benchmark Kospi continues its record-setting rally, breaking above 6,900...
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UAE, Qatar seek new Gulf-Asia trade corridor in landmark agreement with South Korea.

  • May 5, 2026
  • Stella
  • Finance
The United Arab Emirates signed a new trade agreement with South Korea the day after it left OPEC, cutting tariffs on most traded goods, seeking an increase in trade...
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Recent Posts

  • Gold rises over 1% as US-Iran peace deal optimism eases rate hike bets
  • Ripple backs Africa’s most valuable startup in equity deal valuing it at $3.2 billion
  • US stock market jumps as US-Iran deal stirs hopes for end to energy turmoil
  • India’s ONGC Considers Resuming Venezuela Oil Operations
  • Banks Slash Oil Price Forecasts After U.S.-Iran Breakthrough.

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Gold rises over 1% as US-Iran peace deal optimism eases rate hike bets June 16, 2026
Ripple backs Africa’s most valuable startup in equity deal valuing it at $3.2 billion June 16, 2026
US stock market jumps as US-Iran deal stirs hopes for end to energy turmoil June 16, 2026
India’s ONGC Considers Resuming Venezuela Oil Operations June 16, 2026
Banks Slash Oil Price Forecasts After U.S.-Iran Breakthrough. June 16, 2026

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Gold rises over 1% as US-Iran peace deal optimism eases rate hike bets June 16, 2026
Ripple backs Africa’s most valuable startup in equity deal valuing it at $3.2 billion June 16, 2026
US stock market jumps as US-Iran deal stirs hopes for end to energy turmoil June 16, 2026

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