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Middle East Crude-Oman, Dubai and Murban rebound

Middle East crude benchmarks Oman, Dubai and Murban rebounded on Monday, up from the previous session's multi-year lows.SINGAPORE CASH DEALSCash Dubai's premium to swaps rose 11 cents to minus $1.60 a barrel.PRICES ($/BBL)REFINERYA power outage on Sunday forced the shutdown of Venezuela's largest r…

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Futures
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India's May industrial output grows 5.1% y/y

India's industrial output (INIP=ECI) grew 5.1% year-on-year in May, compared to a growth of 4.9% in April, government data showed on Monday.Economists polled by Reuters expected growth of 4.5%.

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Economy
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IMF says Malawi credit programme hinges on economic reforms

By Frank PhiriThe International Monetary Fund is ready to move quickly on a credit programme for Malawi, the lender said on Monday, but warned it will depend on the country's willingness to implement economic reforms.IMF Resident Representative Nelnan Koumtingue said discussions were focused on pol…

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Economy

Weekend wars

By Mike DolanWhat matters in U.S. and global markets todayBy Mike Dolan, Editor-at-Large, Finance and MarketsIs it over or not? World markets that assumed the Middle East conflict was over and done with got a rude awakening over the weekend after the United States conducted fresh strikes on Iran in…

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