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OPEC+ meeting to go ahead on Sunday as planned - RIA
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The OPEC+ meeting scheduled for this weekend looked to be running into trouble as Saudi Arabia expressed dissatisfaction with other members about their oil production levels. As ...
post: UK'S CHANCELLOR HUNT: THE WORK IS NOT DONE ON FIXING THE ECONOMY. post: UK'S CHANCELLOR HUNT: WE WILL REDUCE DEBT, CUT TAXES, AND REWARD WORK IN THIS STATEMENT. post: UK'S CHANCELLOR HUNT: WE WILL CUT BUSINESS TAXES. post: UK'S CHANCELLOR HUNT: THE OBR SAYS THAT OUR MEASURES WILL RAISE BUSINESS INVESTMENT, REDUCE INFLATION, AND INCREASE GDP. post: UK'S HUNT: OBR SEES CPI OF 2.8% IN 2024 (MARCH FORECAST 0.9%) UK'S HUNT OBR SAYS INFLATION WILL FALL TO 2% TARGET IN 2025 UK FINANCE MINISTER HUNT: I WILL NOT TAKE RISKS WITH INFLATION
The UK prime minister, Rishi Sunak, takes questions from MPs in parliament before the chancellor delivers his autumn statement
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post: DELEGATES: OPEC+ MEETING SCHEDULED FOR WEEKEND HAS BEEN DELAYED. post: *OPEC+ MEETING SCHEDULED FOR SAT-SUN HAS BEEN DELAYED | #OOTT https://t.co/cVONPDbIFS post: The opec plus meeting is now being delayed to the 30th of November instead of the 26th #OOTT #Opec Oil Tumbles After OPEC+ Meeting Delayed Oil prices are lower this morning as the usual malarkey of leaks, rumors, and denials dominates price action ahead of the planned OPEC+ meeting this weekend. The selling started with a report by Bloomberg claiming that the Saudis expressed dissatisfaction with other members about their oil production levels. The worry, Bloomberg claims, is that Riyadh might reverse its unilateral 1 million barrel-a-day curb if its counterparts don’t contribute further to the supply reductions. That sent prices lower. Then, at 0801ET this headline hit: OPEC+ MEETING TO GO AHEAD ON SUNDAY AS PLANNED - RIA Then at 0806ET, this headline hit: *OPEC+ MEETING SCHEDULED FOR WEEKEND HAS BEEN DELAYED: DELEGATES And prices legged lower still... We remind readers that while Goldman's base case is that Saudi Arabia and Russia will announce an extension of their extra voluntary cuts through at least 2024Q1 (because Brent is $8 lower than when they announced an extension in September), they see a sizeable 35% subjective probability of an announcement of a deeper group cut. post: Baselines are always a sensitive and complicated topic #OOTT
In the week ending November 18, the advance figure for seasonally adjusted initial claims was 209,000, a decrease of 24,000 from the previous week's revised level. The previous ...
Durable Goods Orders in the United States declined by 5.4%, or $16 billion, to $279.4 billion in October, the Census Bureau reported on Wednesday. This reading followed the 4.6% ...
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- Posted: Nov 22, 2023 8:01am
- Submitted by:Category: Medium Impact Breaking NewsComments: 0 / Views: 2,556
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