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Argentina: Already Revised Up The Export Taxes To 33 Vs 31%… | Report

May 24, 2022 | Agricultural Markets News

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Russian/ukrainian war: Today is 90th day and Russian/Ukrainian tension/war is, unfortunately, still really so crucial/worrisome. Today and soon will be also so important to follow the developments ( hope and pray that this nuisance war will be over asap ) and reflections to our markets.

Petrol: by yday, petrol was once bounced with technical correction, easing chinese lockdowns, global tightness, geopolitical risks ( ru/ukr war foremost ) and especially full embargo plans of eu on russian albeit higher venezuelan output hopes and global growth/demand/inflation concerns. Today, some slight losses are likely as around 110 $/barrel for brent.

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