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OPEC crude output revised to 18.952 mb/d in May and 22.002 mb/d in June, up 3.051 mb/d MoM. China refined-product net imports fell 1.55 mb/d in May to 8.10 mb/d (April: -2.90 mb/d). India refined-product net imports rose 0.32 mb/d in May to 4.97 mb/d

2026-07-13

OPEC crude output revised to 18.952 mb/d in May and 22.002 mb/d in June, up 3.051 mb/d MoM. China refined-product net imports fell 1.55 mb/d in May to 8.10 mb/d (April: -2.90 mb/d). India refined-product net imports rose 0.32 mb/d in May to 4.97 mb/d (April: +0.51 mb/d). US refined-product net imports rose 0.57 mb/d in June to -4.99 mb/d (May: -0.11 mb/d).

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2026-07-13

China's National Medical Products Administration (NMPA) said in 1H it approved 38 Category 1 innovative drugs. The share of domestically developed innovative drugs drugs featuring new targets or new mechanisms increased markedly.

China's National Medical Products Administration (NMPA) said in 1H it approved 38 Category 1 innovative drugs. The share of domestically developed innovative drugs drugs featuring new targets or new mechanisms increased markedly.
2026-07-13

Judo Bank economic adviser Warren Hogan said the Reserve Bank of Australia remains uneasy about the inf outlook and keeps the option of further rate hikes open. Despite escalation in the Iran conflict, Brent crude is only around $77/bbl, and market p

Judo Bank economic adviser Warren Hogan said the Reserve Bank of Australia remains uneasy about the inf outlook and keeps the option of further rate hikes open. Despite escalation in the Iran conflict, Brent crude is only around $77/bbl, and market pricing suggests any supply shock will be contained rather than persistent. The RBA wants greater confidence that the fuel-price shock will not have lasting effects; it has not reached that level of certainty.
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