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Oil market has found a balance - Venezuela Oil Minister

Venezuela’s oil minister Eulogio Del Pino, while speaking in Santa Cruz, Bolivia, at the Gas Exporting Countries Forum that the oil market has finally found the balance, as inventories are declining.

However, the rising US output is still a threat. The Baker Hughes data released yesterday showed the number of oil and gas rigs in the United States rose again this week, taking the total gained in November to 10; the first monthly gain since July.

 

 

ECB accounts preview - Barclays

Analysts at Barclays offer a brief preview on what to expect from the ECB monetary policy meeting minutes due to released today at 1230GMT. Key Quote
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2017 Aus Financial Markets Report: Lack of volatility, absence of strong trends in AUD exchange rates

In its 2017 Australian Financial Markets Report published on Thursday, the Australian Financial Markets Association (AFMA) notes the following points
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