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27 Feb 2018

IEA head Birol: US to be world's top oil producer by 2019 - Reuters

Fatih Birol, head of the International Energy Agency, with comments regarding US oil output levels, from Reuters.

Key points:

  • The US to be the single largest producer of oil by 2019, if not sooner.
  • The US is set to outpace world's current largest producer, Russia.
  • Total oil output from the US expected to top 11 million barrels per day by late 2018.
Feb 27, 2018

EUR/USD in consolidation mode, eyes EZ CPI & Powell testimony

The EUR/USD pair has been restricted to a narrow range of 1.2360-1.2260 since last Wednesday, but a breakout could happen later today post the Eurozon
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Feb 27, 2018

NZ: Pull back in merchandise trade - ANZ

After a very strong end to 2017 there was a pullback in January exports across all the main sectors of New Zealand, points out Con Williams, Agri Econ
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