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Norway worker strike could take out 326K bpd of oil from the market

As per Reuters report, a potential strike on platforms operated by Eni, Shell, and Statoil could take out 326K barrels of oil supply per day. Norway’s average daily production in April was 2.111 million barrels of oil, condensate, and natural gas liquids.

USD/CNY fix projection: 6.7990 - Nomura

Analysts at Nomura offered their projection for today's USD/CNY fix. Key Quotes: "Our model1 projects the fix to be 132 pips higher than the previou
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PBOC sets the Yuan reference rate at 6.7930

The People's Bank of China (PBOC) set the Yuan reference rate at 6.7930 vs. Wednesday's fix of 6.7858. .
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