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Yanningxd

Yanningxd

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2022-05-24

$BIMI International Medical Inc(BIMI)$Incoming news? 🤪🎉

2022-03-01

$American Rebel Holdings, Inc.(AREB)$Hurry up

2022-02-15

Fun

@TigerEvents:Join Tiger Ski Championship, Win a Bonus of Up to USD 2022

2022-02-15

I'm struggling

2022-01-04

Yay happy new year

2021-09-22

$Marin(MRIN)$Hold

2021-06-16

Nice

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2021-06-16

Love it

ContextLogic Inks Partnership Deal with PrestaShop; Shares Pop 12.7%

Go to Tiger App to see more news

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ContextLogic is an American online e-commerce platform that facilitates transactions between sellers and buyers.</p>\n<p>Following the deal announcement, shares of the company rose 12.7% to close at $11.27 on June 14.</p>\n<p>The partnership will enable merchants and brands on the PrestaShop platform to sell their products on the Wish marketplace. Moreover, PrestaShop merchants will be offered marketing and sales support, including special incentives.</p>\n<p>Wish will now be granted the official “Trusted Partner” status on PrestaShop. The deal will provide its customers with even more quality merchants and brands, which is expected to further boost online sales.</p>\n<p>ContextLogic’s Senior Business Development Manager Alan Small said, “Wish serves millions of consumers around the world by providing high-quality products at affordable prices and a personalized, entertaining shopping experience. Partnering with PrestaShop will enable us to offer our consumers even more quality merchants and brands and to provide Prestashop merchants with a global platform to transact on.” (See&nbsp;ContextLogic stock analysis&nbsp;on TipRanks)</p>\n<p>On May 13, Credit Suisse analyst&nbsp;Stephen Ju&nbsp;reiterated a Buy rating on the stock but decreased the price target to $24 from $31. This implies 113% upside potential to current levels.</p>\n<p>The analyst said that the better-than-expected revenue and adjusted EBITDA in Q1 were driven by higher AOVs and stronger logistics.</p>\n<p>The rest of the Street is cautiously optimistic about the stock with a Moderate Buy consensus rating based on 4 Buys and 2 Holds. The&nbsp;WISH average analyst price target&nbsp;of $20.50 implies 81.9% upside potential from current levels. Shares have decreased 43.8% over the past six months.</p>\n<p><img src=\"https://static.tigerbbs.com/f6599a74f35e4651d39fd3a82e2fdbd2\" tg-width=\"1024\" tg-height=\"348\" referrerpolicy=\"no-referrer\"></p>\n<p><img src=\"https://static.tigerbbs.com/630a319313655e793da5a72016247792\" tg-width=\"663\" tg-height=\"440\" referrerpolicy=\"no-referrer\"></p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ContextLogic Inks Partnership Deal with PrestaShop; Shares Pop 12.7%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nContextLogic Inks Partnership Deal with PrestaShop; Shares Pop 12.7%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 19:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/contextlogic-inks-partnership-deal-prestashop-105803315.html><strong>SmarterAnalyst</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ContextLogic (WISH) has signed a two-year partnership deal with PrestaShop, a leading e-commerce platform. ContextLogic is an American online e-commerce platform that facilitates transactions between ...</p>\n\n<a href=\"https://finance.yahoo.com/news/contextlogic-inks-partnership-deal-prestashop-105803315.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/contextlogic-inks-partnership-deal-prestashop-105803315.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2143562407","content_text":"ContextLogic (WISH) has signed a two-year partnership deal with PrestaShop, a leading e-commerce platform. ContextLogic is an American online e-commerce platform that facilitates transactions between sellers and buyers.\nFollowing the deal announcement, shares of the company rose 12.7% to close at $11.27 on June 14.\nThe partnership will enable merchants and brands on the PrestaShop platform to sell their products on the Wish marketplace. Moreover, PrestaShop merchants will be offered marketing and sales support, including special incentives.\nWish will now be granted the official “Trusted Partner” status on PrestaShop. The deal will provide its customers with even more quality merchants and brands, which is expected to further boost online sales.\nContextLogic’s Senior Business Development Manager Alan Small said, “Wish serves millions of consumers around the world by providing high-quality products at affordable prices and a personalized, entertaining shopping experience. Partnering with PrestaShop will enable us to offer our consumers even more quality merchants and brands and to provide Prestashop merchants with a global platform to transact on.” (See ContextLogic stock analysis on TipRanks)\nOn May 13, Credit Suisse analyst Stephen Ju reiterated a Buy rating on the stock but decreased the price target to $24 from $31. This implies 113% upside potential to current levels.\nThe analyst said that the better-than-expected revenue and adjusted EBITDA in Q1 were driven by higher AOVs and stronger logistics.\nThe rest of the Street is cautiously optimistic about the stock with a Moderate Buy consensus rating based on 4 Buys and 2 Holds. The WISH average analyst price target of $20.50 implies 81.9% upside potential from current levels. Shares have decreased 43.8% over the past six months.","news_type":1},"isVote":1,"tweetType":1,"viewCount":464,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9033036509,"gmtCreate":1646147248357,"gmtModify":1676534096017,"author":{"id":"3570399770188340","authorId":"3570399770188340","name":"Yanningxd","avatar":"https://static.tigerbbs.com/3d1e08c07648f65e49e6bea656edae7f","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570399770188340","authorIdStr":"3570399770188340"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AREB\">$American Rebel Holdings, Inc.(AREB)$</a>Hurry up","listText":"<a href=\"https://ttm.financial/S/AREB\">$American Rebel Holdings, Inc.(AREB)$</a>Hurry up","text":"$American Rebel Holdings, Inc.(AREB)$Hurry up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9033036509","isVote":1,"tweetType":1,"viewCount":461,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869479140,"gmtCreate":1632319409580,"gmtModify":1676530751484,"author":{"id":"3570399770188340","authorId":"3570399770188340","name":"Yanningxd","avatar":"https://static.tigerbbs.com/3d1e08c07648f65e49e6bea656edae7f","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570399770188340","authorIdStr":"3570399770188340"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/MRIN\">$Marin(MRIN)$</a>Hold","listText":"<a href=\"https://laohu8.com/S/MRIN\">$Marin(MRIN)$</a>Hold","text":"$Marin(MRIN)$Hold","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/869479140","isVote":1,"tweetType":1,"viewCount":294,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160346288,"gmtCreate":1623773486044,"gmtModify":1703819094935,"author":{"id":"3570399770188340","authorId":"3570399770188340","name":"Yanningxd","avatar":"https://static.tigerbbs.com/3d1e08c07648f65e49e6bea656edae7f","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570399770188340","authorIdStr":"3570399770188340"},"themes":[],"htmlText":"Love it","listText":"Love it","text":"Love it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/160346288","repostId":"2143562407","repostType":4,"isVote":1,"tweetType":1,"viewCount":464,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9026258284,"gmtCreate":1653391585948,"gmtModify":1676535272920,"author":{"id":"3570399770188340","authorId":"3570399770188340","name":"Yanningxd","avatar":"https://static.tigerbbs.com/3d1e08c07648f65e49e6bea656edae7f","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570399770188340","authorIdStr":"3570399770188340"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BIMI\">$BIMI International Medical Inc(BIMI)$</a>Incoming news? 🤪🎉","listText":"<a href=\"https://ttm.financial/S/BIMI\">$BIMI International Medical Inc(BIMI)$</a>Incoming news? 🤪🎉","text":"$BIMI International Medical Inc(BIMI)$Incoming news? 🤪🎉","images":[{"img":"https://community-static.tradeup.com/news/db49b29453a23e32c16a86de1ad5cb01","width":"1284","height":"2778"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9026258284","isVote":1,"tweetType":1,"viewCount":643,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":169616335,"gmtCreate":1623832455527,"gmtModify":1703820805638,"author":{"id":"3570399770188340","authorId":"3570399770188340","name":"Yanningxd","avatar":"https://static.tigerbbs.com/3d1e08c07648f65e49e6bea656edae7f","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570399770188340","authorIdStr":"3570399770188340"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/169616335","repostId":"2143605967","repostType":4,"repost":{"id":"2143605967","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623831108,"share":"https://ttm.financial/m/news/2143605967?lang=&edition=fundamental","pubTime":"2021-06-16 16:11","market":"fut","language":"en","title":"Crude prices in Asia jump on robust demand, tight supply","url":"https://stock-news.laohu8.com/highlight/detail?id=2143605967","media":"Reuters","summary":"* China ramps up crude processing as margins improve\n* Asian refiners back from maintenance\n* Strong","content":"<p>* China ramps up crude processing as margins improve</p>\n<p>* Asian refiners back from maintenance</p>\n<p>* Strong demand push Oman, Russian ESPO, Sokol to 11-mth high</p>\n<p>* Supply tight as Europe, Africa, U.S. crude to Asia uneconomical</p>\n<p>SINGAPORE, June 16 (Reuters) - Asian refiners are paying the highest premiums for Middle East and Russian crude oil in about a year, due to firm demand and more costly imports from the West, industry sources said.</p>\n<p>High prices could prompt refiners to draw down inventories, tightening supply buffers even as the Organization of the Petroleum Exporting Countries (OPEC) and their allies including Russia gradually ease supply cuts.</p>\n<p>Several popular grades in Asia, such as Oman, Russian ESPO and Sokol crude, are trading at the highest premiums in 11 months against Dubai quotes, according to trade sources and Refinitiv data.</p>\n<p>The spread between first and third month cash Dubai prices is at its widest backwardation since pre-COVID levels in January 2020, Reuters data showed, indicating strong demand for prompt supplies.</p>\n<p>Spot crude prices in Asia are a leading indicator for global markets as several of the world's top importers are located in the region. Asian refiners also typically buy oil two months in advance, earlier than other regions.</p>\n<p>\"Demand is rising and supply is falling short of expectations, leading to a strong market that is being reflected in physical markets now,\" Energy Aspects analyst Virendra Chauhan said.</p>\n<p>Major refineries in top importer China are processing more crude as domestic margins have improved after a government crackdown on some fuel imports, refining and trade sources said. Some independent refiners have also resumed crude purchases for July and August arrivals, anticipating a second batch of import quotas soon, they added.</p>\n<p>Refineries in other parts of Asia are also cranking up after maintenance to meet demand during the peak summer season in the northern hemisphere, including during the Tokyo Olympics which start in July, they said.</p>\n<p>However, importing crude oil from Europe, West Africa and the United States is currently uneconomical as Brent's premium to Dubai has widened while spot premiums for grades such as Angola's Cabinda and Kazakhstan's CPC Blend have climbed, the sources said.</p>\n<p>\"Arbitrage from West Africa and Europe to Asia could decline and increase demand for regional barrels,\" a North Asian refining source said, referring to oil from Asia Pacific, Russia, and Middle East.</p>\n<p>While Asian refiners will buy crude to meet baseload demand, or the minimum amount of crude required for a refinery, they are likely to draw down inventories for incremental supplies, the industry sources said.</p>\n<p>\"If everybody only buys baseload crude, (prices in) the market may be toppish soon,\" a second North Asian refining source said.</p>\n<p>Energy Aspects expects a global crude stocks draw of 2.7 million barrels per day (bpd) in the third quarter, compared with 1.4 million bpd in the second quarter.</p>\n<p>\"OECD inventories are back at the 2015-2019 average so OPEC+ have achieved their aim,\" Chauhan said.</p>\n<p>\"The only way to stop prices from rising is a rise in OPEC+ supply, but they are waiting for clarity on Iran before taking any action.\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crude prices in Asia jump on robust demand, tight supply</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrude prices in Asia jump on robust demand, tight supply\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-16 16:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* China ramps up crude processing as margins improve</p>\n<p>* Asian refiners back from maintenance</p>\n<p>* Strong demand push Oman, Russian ESPO, Sokol to 11-mth high</p>\n<p>* Supply tight as Europe, Africa, U.S. crude to Asia uneconomical</p>\n<p>SINGAPORE, June 16 (Reuters) - Asian refiners are paying the highest premiums for Middle East and Russian crude oil in about a year, due to firm demand and more costly imports from the West, industry sources said.</p>\n<p>High prices could prompt refiners to draw down inventories, tightening supply buffers even as the Organization of the Petroleum Exporting Countries (OPEC) and their allies including Russia gradually ease supply cuts.</p>\n<p>Several popular grades in Asia, such as Oman, Russian ESPO and Sokol crude, are trading at the highest premiums in 11 months against Dubai quotes, according to trade sources and Refinitiv data.</p>\n<p>The spread between first and third month cash Dubai prices is at its widest backwardation since pre-COVID levels in January 2020, Reuters data showed, indicating strong demand for prompt supplies.</p>\n<p>Spot crude prices in Asia are a leading indicator for global markets as several of the world's top importers are located in the region. Asian refiners also typically buy oil two months in advance, earlier than other regions.</p>\n<p>\"Demand is rising and supply is falling short of expectations, leading to a strong market that is being reflected in physical markets now,\" Energy Aspects analyst Virendra Chauhan said.</p>\n<p>Major refineries in top importer China are processing more crude as domestic margins have improved after a government crackdown on some fuel imports, refining and trade sources said. Some independent refiners have also resumed crude purchases for July and August arrivals, anticipating a second batch of import quotas soon, they added.</p>\n<p>Refineries in other parts of Asia are also cranking up after maintenance to meet demand during the peak summer season in the northern hemisphere, including during the Tokyo Olympics which start in July, they said.</p>\n<p>However, importing crude oil from Europe, West Africa and the United States is currently uneconomical as Brent's premium to Dubai has widened while spot premiums for grades such as Angola's Cabinda and Kazakhstan's CPC Blend have climbed, the sources said.</p>\n<p>\"Arbitrage from West Africa and Europe to Asia could decline and increase demand for regional barrels,\" a North Asian refining source said, referring to oil from Asia Pacific, Russia, and Middle East.</p>\n<p>While Asian refiners will buy crude to meet baseload demand, or the minimum amount of crude required for a refinery, they are likely to draw down inventories for incremental supplies, the industry sources said.</p>\n<p>\"If everybody only buys baseload crude, (prices in) the market may be toppish soon,\" a second North Asian refining source said.</p>\n<p>Energy Aspects expects a global crude stocks draw of 2.7 million barrels per day (bpd) in the third quarter, compared with 1.4 million bpd in the second quarter.</p>\n<p>\"OECD inventories are back at the 2015-2019 average so OPEC+ have achieved their aim,\" Chauhan said.</p>\n<p>\"The only way to stop prices from rising is a rise in OPEC+ supply, but they are waiting for clarity on Iran before taking any action.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00662":"亚洲金融"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143605967","content_text":"* China ramps up crude processing as margins improve\n* Asian refiners back from maintenance\n* Strong demand push Oman, Russian ESPO, Sokol to 11-mth high\n* Supply tight as Europe, Africa, U.S. crude to Asia uneconomical\nSINGAPORE, June 16 (Reuters) - Asian refiners are paying the highest premiums for Middle East and Russian crude oil in about a year, due to firm demand and more costly imports from the West, industry sources said.\nHigh prices could prompt refiners to draw down inventories, tightening supply buffers even as the Organization of the Petroleum Exporting Countries (OPEC) and their allies including Russia gradually ease supply cuts.\nSeveral popular grades in Asia, such as Oman, Russian ESPO and Sokol crude, are trading at the highest premiums in 11 months against Dubai quotes, according to trade sources and Refinitiv data.\nThe spread between first and third month cash Dubai prices is at its widest backwardation since pre-COVID levels in January 2020, Reuters data showed, indicating strong demand for prompt supplies.\nSpot crude prices in Asia are a leading indicator for global markets as several of the world's top importers are located in the region. Asian refiners also typically buy oil two months in advance, earlier than other regions.\n\"Demand is rising and supply is falling short of expectations, leading to a strong market that is being reflected in physical markets now,\" Energy Aspects analyst Virendra Chauhan said.\nMajor refineries in top importer China are processing more crude as domestic margins have improved after a government crackdown on some fuel imports, refining and trade sources said. Some independent refiners have also resumed crude purchases for July and August arrivals, anticipating a second batch of import quotas soon, they added.\nRefineries in other parts of Asia are also cranking up after maintenance to meet demand during the peak summer season in the northern hemisphere, including during the Tokyo Olympics which start in July, they said.\nHowever, importing crude oil from Europe, West Africa and the United States is currently uneconomical as Brent's premium to Dubai has widened while spot premiums for grades such as Angola's Cabinda and Kazakhstan's CPC Blend have climbed, the sources said.\n\"Arbitrage from West Africa and Europe to Asia could decline and increase demand for regional barrels,\" a North Asian refining source said, referring to oil from Asia Pacific, Russia, and Middle East.\nWhile Asian refiners will buy crude to meet baseload demand, or the minimum amount of crude required for a refinery, they are likely to draw down inventories for incremental supplies, the industry sources said.\n\"If everybody only buys baseload crude, (prices in) the market may be toppish soon,\" a second North Asian refining source said.\nEnergy Aspects expects a global crude stocks draw of 2.7 million barrels per day (bpd) in the third quarter, compared with 1.4 million bpd in the second quarter.\n\"OECD inventories are back at the 2015-2019 average so OPEC+ have achieved their aim,\" Chauhan said.\n\"The only way to stop prices from rising is a rise in OPEC+ supply, but they are waiting for clarity on Iran before taking any action.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":391,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9095222821,"gmtCreate":1644934399407,"gmtModify":1676533976858,"author":{"id":"3570399770188340","authorId":"3570399770188340","name":"Yanningxd","avatar":"https://static.tigerbbs.com/3d1e08c07648f65e49e6bea656edae7f","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570399770188340","authorIdStr":"3570399770188340"},"themes":[],"htmlText":"Fun","listText":"Fun","text":"Fun","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095222821","repostId":"9004448317","repostType":1,"repost":{"id":9004448317,"gmtCreate":1642676525258,"gmtModify":1676533734534,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"Join Tiger Ski Championship, Win a Bonus of Up to USD 2022","htmlText":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/happy-new-year/#/\" target=\"_blank\">Click to Join the Game</a>","listText":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: <a href=\"https://www.tigerbrokers.com.sg/activity/market/2022/happy-new-year/#/\" target=\"_blank\">Click to Join the Game</a>","text":"2022 is the Year of Tiger in Chinese lunar calendar, it’s also a special year for Tiger Brokers. To celebrate the special year, we want to invite you to join the ski game presented by Tiger Brokers specially, and it’s very easy and interesting game for users to play. Join the game and win a bonus of up to USD 2022 and limited-edition Tiger Toys Spring Festival and Winter Olympic are both on the way, open your Tiger Trade App and play the ski game with us, win golden medals as many as you can! You could have chance to try Lucky Draw when you win medals.The more medal you win, the bigger bonus you may win! Big Rewards are as follow: Click to Join the Game","images":[{"img":"https://static.tigerbbs.com/a7b44fa056439fb4010fa55e163d27c3","width":"750","height":"1726"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004448317","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":739,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9095222987,"gmtCreate":1644934361838,"gmtModify":1676533976851,"author":{"id":"3570399770188340","authorId":"3570399770188340","name":"Yanningxd","avatar":"https://static.tigerbbs.com/3d1e08c07648f65e49e6bea656edae7f","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570399770188340","authorIdStr":"3570399770188340"},"themes":[],"htmlText":"I'm struggling","listText":"I'm struggling","text":"I'm struggling","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095222987","isVote":1,"tweetType":1,"viewCount":321,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9001459923,"gmtCreate":1641307037167,"gmtModify":1676533595490,"author":{"id":"3570399770188340","authorId":"3570399770188340","name":"Yanningxd","avatar":"https://static.tigerbbs.com/3d1e08c07648f65e49e6bea656edae7f","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570399770188340","authorIdStr":"3570399770188340"},"themes":[],"htmlText":"Yay happy new year","listText":"Yay happy new year","text":"Yay happy new year","images":[{"img":"https://static.itradeup.com/news/be744c428b26e49438835a70bcd225d5","width":"1125","height":"1476"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9001459923","isVote":1,"tweetType":1,"viewCount":539,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}