OPEC and non-OPEC producers on Saturday reached their first deal since 2001 to curtail oil output jointly and ease a global glut after more than two years of low prices that overstretched many budgets and spurred unrest in some countries.
With the deal finally signed after almost a year of arguing within the Organization of the Petroleum Exporting Countries and mistrust in the willingness of non-OPEC Russia to play ball, the market’s focus will now switch to compliance with the agreement.…
]]>OPEC and non-OPEC producers on Saturday reached their first deal since 2001 to curtail oil output jointly and ease a global glut after more than two years of low prices that overstretched many budgets and spurred unrest in some countries.
With the deal finally signed after almost a year of arguing within the Organization of the Petroleum Exporting Countries and mistrust in the willingness of non-OPEC Russia to play ball, the market’s focus will now switch to compliance with the agreement.…
]]>According to a Bloomberg report, “Emerging market investing sentiment may have ebbed a bit, but allocation to emerging market stocks is now at 13%, the highest level since September 2014, according to a Bank of America Merrill Lynch fund manager survey.…
]]>According to a Bloomberg report, “Emerging market investing sentiment may have ebbed a bit, but allocation to emerging market stocks is now at 13%, the highest level since September 2014, according to a Bank of America Merrill Lynch fund manager survey.…
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