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04:58
Fujairah, UAE's marine fuel sales reach historic low in May
The total sales volume of marine fuel oil excluding lubricating oil was 96,721 cubic meters in May. Sales of low-sulfur marine fuel oil fell by 27% month-on-month to 65,120 cubic meters. Sales of high-sulfur marine fuel oil decreased by 15% month-on-month, reaching 31,601 cubic meters. Sales of low-sulfur marine gas oil saw a slight decrease of 2% to 7,157 cubic meters, while the total sales of other categories of marine gas oil amounted to 381 cubic meters. In May, the market share of low-sulfur marine fuel dropped from 71% in April to 67%, while the share of high-sulfur marine fuel rose from 29% to 33%.
04:52
In May, South Korea's automobile exports fell by 5.9%, while new energy vehicles achieved counter-trend growth.
(1) In May, South Korea's automobile export value was $5.83 billion, a year-on-year decrease of 5.9%; export volume was 230,072 units, a year-on-year decrease of 6.6%. Domestic sales (127,315 units) and production (329,559 units) decreased by 10.3% and 8.2% year-on-year, respectively. (2) The growth momentum of new energy vehicles production and sales remains strong, with export value in May reaching $2.4 billion, up 9.9% year-on-year, accounting for over 40% of total automobile exports; export volume was 83,145 units, up 11.2% year-on-year. (3) New energy vehicle domestic sales were 77,179 units, an increase of 5.5% year-on-year, forming a sharp contrast with the declining trend of traditional automobiles.
04:43
Uniswap surges 22% while Bitcoin holds at $66,000 ahead of Federal Reserve meeting
Standard Chartered has set a long-term price target of $100 for UNI, driving a surge in UNI, with HYPE and Solana leading gains among memecoins. Bitcoin remains around $66,000, oil prices have fallen to a three-month low, and Federal Reserve Chairman Kevin Walsh presided over the Federal Reserve meeting.
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