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23 Oct 2019

Russian Energy Min Novak: No official proposal on changed OPEC+ deal

Russia's Energy Minister Alexander Novak crossed the wires in the last hour, via Reuters, saying that there has been no official proposal to change OPEC+ deal yet neither any information about possible discussions of deeper Oil production cuts at December meeting. It is always possible to tweak OPEC+ agreement, Novak added further.
 
The comments failed to inspire bullish traders, with WTI Crude Oil prices holding weaker by around 0.50% for the day, just above the $54.00/barrel mark.

Oct 23, 2019

Turkey: Limited room for further CBRT easing – Standard Chartered

Carla Slim, economist at Standard Chartered, expects the Central Bank of the Republic of Turkey (CBRT) to cut the repo rate by 100bps on 24 October, f
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Oct 23, 2019

Gold climbs to the top end of over 1-week old trading range, around $1495 area

Gold edged higher through the early European session on Wednesday and is currently placed near the top end of a broader trading range held over the pa
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