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NEW ZEALAND-RUN GLOBAL DAIRY TRADE PRICE INDEX RISES 0.1%, WITH AN AVG. SELLING PRICE OF $4,330/TONNE – AUCTION

2026-03-17

NEW ZEALAND-RUN GLOBAL DAIRY TRADE PRICE INDEX RISES 0.1%, WITH AN AVG. SELLING PRICE OF $4,330/TONNE – AUCTION

Other News
2026-03-18

Morgan Stanley global chief economist Seth Carpenter said oil prices above $125 per barrel would mark a fundamental shift, forcing demand destruction to match constrained supply. He outlined scenarios of oil returning to $65–70, stabilizing near $100

Morgan Stanley global chief economist Seth Carpenter said oil prices above $125 per barrel would mark a fundamental shift, forcing demand destruction to match constrained supply. He outlined scenarios of oil returning to $65–70, stabilizing near $100, or spiking to $125–140 amid Strait of Hormuz disruptions. Seth Carpenter noted the U.S. could withstand $100 oil but warned higher gasoline prices would hit lower-income consumers and lift inflation. He also cautioned that broader supply chain disruptions could trigger shortages, stressing the difference between higher prices and physical unavailability.
2026-03-18

South Korean envoy: South Korea will receive 18 million barrels of crude oil from the UAE and naphtha from the country.

South Korean envoy: South Korea will receive 18 million barrels of crude oil from the UAE and naphtha from the country.
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