BLOOMBERG · Mar 27, 2026, 9:50 AM
Asia’s oil refiners are seeking alternatives to the Middle East’s benchmark crude prices, as war-driven distortions fuel wild price swings that they say have come untethered from physical market realities.
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Asia’s oil refiners are seeking alternatives to the Middle East’s benchmark crude prices, as war-driven distortions fuel wild price swings that they say have come untethered from physical market realities.
“We’re both concerned about the accuracy of our returns.”
After a torrid month in which European gas prices surged, plunged and surged again on the war in the Middle East, traders now face a dilemma.
The number of Chinese residents in Japan has continued to rise, even as ties between the two countries have become increasingly fractious, according to data released Friday.
Lizzy Burden, Tom Mackenzie and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)
There’s a clean path for U.S. stocks next month to advance after massive institutional deleveraging, according to a report from Goldman Sachs trading desk team.
The Bank of England has lowered the pricing on a funding tool designed to help banks withstand short-term liquidity shocks, a move that may boost the attractiveness of a facility only used once since its creation in 2008.
After a long few weeks watching the UK’s financial watchdog present evidence that he had groped, verbally harassed and inappropriately touched female employees during his time at the helm of Odey Asset Management, former hedge fund boss Crispin Odey insisted to the court that he was the one who was actually the victim, and the target of “bullying” by the regulator.
Oil prices traded higher after U.S. President Donald Trump said Iran had allowed 10 oil tankers to pass through the Strait of Hormuz.
Fabiana Fedeli, CIO of multi-asset at M&G Investments, says investors need to look beyond the Iran war and focus on long-term fundamentals. "It is very difficult right now taking a position on the market only based on oil prices," Fedeli tells Bloomberg Television. "You need to go one step beyond that." (Source: Bloomberg)
Actor Mickey Rourke has broken his silence on the alleged “unacceptable” living conditions that prompted him to withhold over $59,000 in rent after he defaulted in his eviction case.
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President Donald Trump again pushed back his deadline for Iran to strike a deal with the US or face more attacks, saying talks with the country were going “very well.” Trump said he would extend by 10 days his pledge to refrain from attacks on Iranian energy sites, his second extension since Saturday’s threat to eviscerate Iran’s power plants in the absence of a deal. Also on the show: The biggest monthly selloff in global stocks since 2022 moderated after the US gave Iran more time to reach a deal. Guests include: Mansoor Mohi-uddin, Bank of Singapore, Chief Economist; Saleem Khan, Pole Star Global, Chief Data and Analytics Officer; Ayman Gomaa, US Joint Special Operations Veteran & Acacia Innovations Technology, Founder and CEO (Source: Bloomberg)
Two large container ships linked to China’s state-owned Cosco Shipping Corp. attempted to exit the Persian Gulf on Friday through the Strait of Hormuz, before making an abrupt U-turn near Iran and motoring back.
India takes a huge tax revenue hit as it cuts fuel excise duties to shield consumers from soaring oil prices caused by the Iran war.
Foreign investors are pulling out a record $12 billion from Indian equities as the Iran conflict drives up energy costs and raises doubts on economic growth.
Hugh Gimber, global market strategist at JPMorgan Asset Management, discusses market positioning as the Iran war continues and Macquarie said oil may hit a record $200 a barrel if the conflict drags on until June. "I think it would be a recession at $200 a barrel," Gimber tells Bloomberg Television. "That's why we're seeing such focus on finding an off-ramp," he adds. (Source: Bloomberg)
Kenya plans to stabilize fuel prices as some stations run out of supply in the East African nation that typically depends on Middle East imports to meet demand.
China launched a pair of investigations into US practices concerning supply chains and renewable products, in retaliation of US trade probes ahead of an expected presidential summit.
China started a pair of investigations into US trade practices, retaliating against similar probes by the Trump administration as the superpowers stake out positions before an expected presidential summit in May.
Asia-Pacific markets traded mixed as the prospect of a peace deal in the Middle East remained murky amid contradictory messaging from the U.S. and Iran.
Shares of Brown-Forman surged, after Bloomberg reported that Pernod Ricard was looking into a potential acquisition of the Jack Daniel’s whiskey parent.
The Bank of Japan’s new estimate for the neutral rate of interest, a key indicator showing how much room authorities have to lift rates, was little changed from a previous projection, and therefore won’t likely prompt economists to alter their views on the policy trajectory.
Another consequence of the war in Iran.
Ripple effects from the war in Iran and the closure of the Strait of Hormuz continue to widen. There’s yet another brewing shortage, this time in helium. While most people associate helium with balloons and funny voices, the element is used in a surprisingly wide variety of industrial settings, including semiconductor production, where its role in advanced lithography has been growing rapidly. But helium mining and exploration in North America has been practically non-existent for a variety of r