Chinese equity index futures morning session close: CSI 300 (IF) front contract fell 0.49%; SSE 50 (IH) fell 0.66%; CSI 500 (IC) fell 0.62%; CSI 1000 (IM) fell 0.22%.

XRG, the investment arm of Abu Dhabi National Oil Company, said on Thursday it has been awarded a development licence for the Loran gas field in the Caribbean, which straddles the Venezuela–Trinidad and Tobago boundary. XRG will hold the licence jointly with BP and Qatar’s UCC to develop more than 4 tcf of gas. The gas is slated to supplement Trinidad’s industrial feedstock, including supply to the Atlantic LNG complex operated by Shell and BP, and to petrochemical and fertilizer plants that have faced multi-year gas rationing.

South Korea June M2 money supply MoM +0.7% (prior +0.8%).