Reuters survey of 35 economists shows the Bank of Canada is expected to hold its policy rate at 2.25% at the Sept. 2 meeting and keep it unchanged for at least the next year. The BOC has held rates since October; July headline inflation sat at the top of the BOC’s 1–3% target while core inflation remained stable, suggesting weak demand and, together with an expected near-term economic rebound, giving the central bank room to delay hikes. All 35 economists forecast the Sept. 2 hold, consistent wi

Trade sources said QatarEnergy sold at least 7 mln bbl of various Qatar crude grades via tender for October loading. Several parcels were offered FOB at about $6-7/bbl premium to Dubai crude and will be ship-to-ship loaded outside the Strait of Hormuz. Reliance Industries bought three 1 mln-bbl parcels — Qatar onshore, Qatar offshore and Shahin crude — FOB at a $15/bbl discount to Dubai and will load inside the Strait of Hormuz.

Aug 27 — China’s National Energy Administration held a meeting on accelerating tidal/current energy scale-up and instructed officials to improve policy measures, drive cost reduction and efficiency gains, and cultivate industry growth. The NEA called for stronger cross-party coordination to tackle current bottlenecks, strict implementation of planning, intensified R&D on core equipment, expedited delivery of key projects, expansion of "marine energy+" application scenarios, and accelerated push toward large-scale marine energy deployment.