Cap will have to adapt to market prices and be set below market but at level Russia would still want to sellEigth round of sanctions adds oil cap for transport servies on top...
It's a light one on the economic calendar today. The lone data highlight is the initial jobless claims report at the bottom of the hour. The consensus is a bump to 203K to...
MUFG Research discusses its reaction to this week's RBNZ policy decision. "After yesterday’s dovish RBA policy surprise when they slowed the
pace of rate hikes to 25bps, market participants were braced for a...
The White House is out with a comment saying that the OPEC+ production cut is a 'clear' indication that the bloc is 'aligning with Russia'.They're totally right but it's also something that should...
If only there was a pipeline that could improve North American energy security and production.Just yesterday the White House said it wasn't considering a further SPR release but that might have been a...
The wild volatility in the pound continues today with a 240 pips deop to 1.1238. The weekly gain has now been trimmed to about 100 pips as the US dolalr reasserts itself.The pound...
