Saudi signals OPEC may need to extend oil cuts until end-2019 - Reuters

Reuters is running a story today that Saudi Arabia has said that 'OPEC’s job in rebalancing the oil market was far from done as global inventories were still rising despite harsh U.S. sanctions on Iran and Venezuela, signalling it may need to expand output cuts into the second half of 2019'.

More here: Saudi signals OPEC may need to extend oil cuts until end-2019

NZD/USD: Traders remain calm around 0.6850, await additional directives

NZD/USD begins the week’s trading around 0.6850 at Asian markets on early Monday. Traders remain calm awaiting additional support from the US-China tr
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WTI Technical Analysis: Bullish above double-top high / 57.93 horizontal prior resistance

  On the approach to the 50% Fibo located in the 59.70s, the price holds above the double-top highs and above the 57.93 horizontal prior resistan
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