A very interesting piece of news is coming to market that has oil trading at a loss today. Some OPEC countries are considering exempting Russia from the production cut/supply restoration agreement. Such a move would give room for Saudi Arabia or the UAE to produce more oil. However, this information is not confirmed by OPEC (this information is given by WSJ).
Oil immediately loses over USD 1.5 per barrel. Source: xStation5
Investors' attention today will once again turn to the issue of tariffs. The US president has stated that countries supporting the BRICS alliance policy,...
07:03German industrial production exceeds expectations. This was driven by growth in the automotive, energy, and pharmaceutical industries. Year-on-year,...
06:36The dollar is strengthening due to Trump's threat to impose additional 10% tariffs. The US president has stated that countries supporting...
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