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Despite the EIA reporting diesel inventories fell less than expected, U.S. diesel futures reversed losses and rose 0.54%.

2026-08-12

Despite the EIA reporting diesel inventories fell less than expected, U.S. diesel futures reversed losses and rose 0.54%.

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2026-08-12

Two sources said Russia's Orsk Oil Company refinery suspended production after a drone attack on Aug. 11.

Two sources said Russia's Orsk Oil Company refinery suspended production after a drone attack on Aug. 11.
2026-08-12

1. Urban renewal is expected to complete an investment of 15 trillion yuan. 2. Poly Developments: Added 7 new real estate projects, with a total payment of 20.467 billion yuan. 3. Poly Developments: Achieved contracted sales area of 779,800 square

1. Urban renewal is expected to complete an investment of 15 trillion yuan. 2. Poly Developments: Added 7 new real estate projects, with a total payment of 20.467 billion yuan. 3. Poly Developments: Achieved contracted sales area of 779,800 square meters in July, a year-on-year decrease of 14.30%. 4. Zhengzhou adjusted its 2026 housing provident fund contribution base, raising the monthly contribution limit to 6,924 yuan. 5. Weihai, Shandong optimized and adjusted its housing provident fund usage policy, increasing the maximum loan amount per contributor from 600,000 yuan to 800,000 yuan. 6. Beijing released its tenth round of proposed commercial residential land supply list for 2026. 7. Shenzhen saw 2,664 new home sales in July, a year-on-year increase of 32.5%. 8. China Index Academy: The scale of new openings of long-term rental apartments affiliated with local state-owned enterprises is steadily increasing. 9. China Index Academy: National foreclosed residential property transactions increased by over 40% year-on-year in the first seven months. 10. Fan Gang: The real estate market has seen a relatively rapid price clearing. 11. Changsha sees another land parcel with price restrictions; relevant officials respond. 12. US existing home sales hit a three-month low; high housing prices and high interest rates are crushing the housing market.
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