LME zinc cancelled warrants continue to surge – ING
LME zinc cancelled warrants increased by another 49kt yesterday to surge to around 107kt, their highest level since October 2017, ING’s commodity analysts Ewa Manthey and Warren Patterson note.
Lower inventory draw pushes natural gas lower – ING
Weekly data from the Energy Information Administration (EIA) shows that crude oil inventory in the US dropped by 1.8m barrels last week, a larger draw than market expectations of around 0.5m barrels ...