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giovedì 17 novembre 2016

Qatar says they are talking with Iran and Iraq to freeze oil output at current levels

Our good friends at Livesquawk reporting 17 Nov


  • expects gas market to rebalance itself eventually

  • expects pressure on gas prices due to surplus of production in coming years

Plenty of positive noises coming out this morning for oil prices and they"ve responded accordingly.


Brent $47.42 WTI $46.32 currently just off session highs after a decent session of gains


USDCAD largely on the back foot from 1.3440 as a result but finding support/demand around 1.3400


Qatar says they are talking with Iran and Iraq to freeze oil output at current levels
Qatar says they are talking with Iran and Iraq to freeze oil output at current levels
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