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08:17
International Energy Agency: US crude oil flows into the Atlantic Basin, putting pressure on the price differentials of Mediterranean and Caspian crude oil.
⑴ The International Energy Agency stated in its monthly report that last month a large influx of U.S. crude oil poured into the Atlantic Basin, dragging down the price differentials of Mediterranean and Caspian crude; meanwhile, due to cooling demand, the premium on Angolan crude oil dropped sharply. ⑵ Despite improved refining margins, lower shipping costs, and refineries ramping up processing loads in advance of the peak summer travel season, prices of Mediterranean and Caspian crude varieties remain under pressure.
08:14
Data shows that Iranian oil tankers broke through the US blockade after an agreement was reached between Iran and the US.
Data shows that Iranian oil tankers broke through the US blockade after Iran and the US reached an agreement.
08:13
U.S. Stock Market Movement: Intel rises over 5% pre-market as the 18A-P process enters the risk production stage
Golden Ten Data June 17|Intel's US shares rose over 5% in pre-market trading, currently quoted at $123.21. In terms of news, Intel announced that the upgraded version of its 18A process node, "18A-P," has officially entered the risk production stage. The Intel 18A-P process is based on the 18A, which entered mass production in the fourth quarter of last year, and is optimized for the production of data center CPUs as well as semiconductors for artificial intelligence and high-performance computing (HPC). Compared to the 18A, the 18A-P delivers up to 9% better performance at the same power consumption, or up to 18% reduced power consumption at the same performance level. In addition, Intel plans to use 18A-P to produce "Diamond Rapids" CPU chips, which are expected to be released next year.
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