OPEC Sec. General Barkindo: OPEC thinks deeper cuts are premature

The OPEC Secretary-General Mohammad Barkindo was on the wires last hour, via TASS, noting that “OPEC thinks deeper cuts are premature”.

Additional Quotes:

See OPEC+ compliance over 136% by year-end.

Russia may help improve Iran-Saudi relationships.

EUR/USD recovery has room to extend – Confluence Detector

EUR/USD has kicked off the week on the back foot amid weak German data. However, it has significant support and may advance. The Technical Confluences
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