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Russian Energy Min. Novak: Russia on track to reduce oil production by at least 50-60k bpd in Jan.

Russian Energy Minister Alexander Novak was out on the wires in the last hour, via Reuters, saying that October is the reference month to start oil cuts as a part of OPEC/non-OPEC oil output deal and Russia is on track to reduce oil production by at least 50,000-60,000 bpd in Jan.

China reportedly to move on US car tariffs cut

According to the latest headlines floating on the wires, China is said to move on US car tariffs cut. The report by Bloomberg said that a proposal to
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Italy's Tria: Government won't make major changes to the budget

Italy's finance minister, Giovanni Tria crossed the wires in the last hour, saying that the government is trying to avoid EU infringement procedure bu
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