Saudi EnergyMin: OPEC/Non-OPEC agreement not a year by year project

Livesquawk reports overnight comments from the Saudi Arabian Energy Minister Al-Falih, as saying that the OPEC/Non-OPEC agreement is not a year by year project.

Last week, Al-Falih told Reuters in an interview in Washington, the OPEC members will need to continue coordinating with Russia and other non-OPEC producers on supply curbs in 2019 to reduce global oil inventories to desired levels.

EUR futures: further rangebound still prevails

According to flash data for EUR futures markets from CME Group, investors trimmed their open interest positions by more than 8.1K contracts on Tuesday
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USD/JPY potential false break points to 106.01 – Commerzbank

In light of the recent price action, spot should now meet initial hurdle in the 106.00 neighbourhood, suggested Karen Jones, Head of FICC Technical An
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