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...
(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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Analyst Chat Talking Points:Markets are expecting a 75-bps rate hike at the September Federal Reserve meeting, although a 100-bps rate hike isn’t out of the question.Price action has been singularly influenced, whereby good...