Tag Archives: Market

Libya was initially exempt from the OPEC production cuts together with Nigeria because of the violence in the two countries.

Saudi Arabia’s own 10-year U.S. dollar sovereign bond currently yields more than 4 percent.

The EIA is forecasting US oil production will lift 14.8% to 10.70 million barrels per day this year.

The IEA expects Venezuela'.s crude output will fall to 1.38 million barrels per day (mb d) by the end of 2018.

Rosneft and CEFC Energy inked a deal on crude oil deliveries in 2017.

The yuan-based futures may also help China’s effort to promote the yuan as a global currency.

The United States has been increasing its LNG deliveries to European Union countries.

The growing Chinese appetite for natural gas could justify new LNG export facilities investment in the United States.

MAN Diesel &. Turbo will manufacture the ordered compressor systems in Zurich.

The market awaits the U.S. inflation data later in the day which could offer clues on the pace of interest rate rises this year.