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Bloomberg· 2025-08-04 01:48
Palm oil inventories in Malaysia climbed to the highest level since December 2023 as production in the world’s second-biggest grower rebounded, according to a Bloomberg survey https://t.co/bXJGQemxIb ...
US GDP Grows by 3% in Second Quarter
Bloomberg Television· 2025-07-30 13:10
With the data, with the headlines. It's Mike McKay. Good morning, Mike. Good morning, John.Well, we've got a stronger than expected GDP number, 3% for the second quarter. Initial read, that's up from a half percent in the first quarter. 2.6% was what was forecast.Now, the interesting thing is, of course, is we've got to break that down by by category because we had the trade distortions in the first quarter. So let's look now at the GDP. Personal consumption number comes in a little weaker than anticipated. ...
BofA’s Blanch Sees Oil Lower in 2H as Inventories Build
Bloomberg Television· 2025-07-25 18:41
I guess you could ask why are prices not lower, considering all of the supply that we see coming out of the Middle East and this push for drill, baby, drill in the United States. Thanks for having me. Listen once again.You know, it's it's funny, right. So we really a weaker dollar, we're getting slightly lower oil, potentially lower rates at some point, Right. That's so it's all going according to point.I do think one of the issues that has been supporting oil has been the seasonal strength of the summer mo ...