Tag: cut

OPEC Source: OPEC+ Discusses Potential Oil Output Cut In Excess Of 1 Million Barrels/Day

The OPEC+ group of oil producers is discussing potential output cuts of more than 1 million barrels per day (bpd), an OPEC source said, excluding any voluntary cuts by individual members."It may be...

Kwarteng Announces Tax Cut U-Turn, GBP Turns Higher

Sterling (GBP) News and AnalysisPound Sterling lifts on UK tax cut reversalGBP/USD attempts to recover recent losses but fundamentals remain weakMajor event risk: Tory party conference, US PMI data and non-farm payrolls (NFP) Recommended...

Sterling rebounds on reversal of proposed tax cut, yen weakens By Reuters

2/2 © Reuters. FILE PHOTO: A worker pushing a trolley walks with pedestrians past the Reserve Bank of Australia (RBA) head office in central Sydney, Australia, March 7, 2017. Picture taken March 7, 2017....

Oil – OPEC+ meeting: ANZ see a significant chance of a cut as large as 1mn barrels/day

Oil gapped higher at the open of US futures trade on Sunday evening:ANZ remarks on what they expect from the OPEC+ meeting on Wednesday:The group has already signalled that it is willing to...

ICYMI – UK rating outlook cut by S&P

On late Friday ratings agency Standard & Poor's cut it outlook for its AA credit rating for British sovereign debt to "negative" from "stable".This is in response to new Prime Minister Truss's tax...

OPEC+ considering oil output cut decision at next week’s meeting

(Bloomberg) — OPEC+ has begun discussions about lowering oil output when it meets next week, as a fragile global economy continues to weigh on crude prices. ...

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