Iraq surpasses Saudi Arabia as the top crude supplier to the US

According to Bloomberg, Iraq overtook Saudi Arabia as the top crude supplier to the US in September, and it’s poised to exceed Saudi shipments again in October.

Iraq sent almost 3 million barrels more crude than Saudi, Bloomberg adds.

Oct 27, 2017

ECB: Market impact from tapering - Westpac

Tim Riddell, Research Analyst at Westpac, notes that tapering (from EUR60bn to EUR 30bn) was announced (rather than held over to Dec.) by ECB with a l

Russia: 25bp cut to 8.25% is widely expected by CBR – Danske Bank

Analysts at Danske Bank, point out that the central bank (CBR) of Russia will release its decision today and while a 25bp cut to 8.25% is widely expec