17% of U.S. Gulf of Mexico oil production shut in by tropical storm Cindy - Federal Regulators

According to a recent report by Reuters, energy companies have shut roughly 17 percent, or 301,618 barrels per day, of U.S. Gulf of Mexico oil production ahead of Tropical Storm Cindy, the Bureau of Safety and Environmental Enforcement (BSEE) announced on Wednesday.

Key quotes (via Reuters):

  • Personnel have been evacuated from 40 platforms in the U.S. Gulf, representing about 5.5 percent of the 737 manned platforms, BSEE added.
  • One non-dynamically positioned rig has been evacuated, representing about 7 percent of those operating in the Gulf, BSEE said.

Argentina Gross Domestic Product (YoY) came in at 0.3%, above expectations (0.1%) in 1Q

Argentina Gross Domestic Product (YoY) came in at 0.3%, above expectations (0.1%) in 1Q
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Central bankers speak this week - UOB

Analysts at UOB Group broke down the start of the week's Central Bank speak . Key Quotes: "Dallas Fed President Kaplan (voter in 2017 FOMC) who was
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