OPEC members agree on a supply cut with exceptions of Saudi and Gulf Arab nations - MUFG

Lee Hardman, Currency Analyst at MUFG, notes that the recent report from the Iranian Oil Ministry’s Shana news agency stated that a majority of OPEC members agree on a supply cut with the important exception of Saudi Arabia and the Gulf Arab nations.
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Draghi fired his bazooka into his own foot – Rabobank

Michael Every, Research Analyst at Rabobank, notes that Mr. Draghi took out his bazooka yesterday and fired it into his own foot.
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