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OPEC’s Barkindo: Talks ongoing among all countries on oil cut pact’s duration beyond March 2018

Mohammad Sanusi Barkindo, OPEC Secretary General, is out on the wires, with key headlines, via Reuters, found below.

Talks ongoing among all countries on oil cut pact’s duration beyond March 2018.

 Market reacted as result of high conformity of participating countries in oil cut pact.

German Econ. Advisory Council: 2017 GDP seen at 2.0%, 2.2% in 2018 - Handelsblatt

German Council of Economic Exports in a recent report forecasts the GDP growth to be at 2.0% in 2017 and 2.2% in 2018, according to Handelsblatt, a Ge
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WTI deflates from tops above $57.00, API on sight

Prices of the barrel of the American reference for the sweet light crude oil are now fading the initial test of fresh 2-year tops in the $57.70 area,
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