According to state n crude oil production crude oil production ews agency,
- Iraq oil production will increase to 4.58 million barrels per day as of July following the OPEC+ decision
Oil production is currently at 4.44 million barrels per day
According to state n crude oil production crude oil production ews agency,
Oil production is currently at 4.44 million barrels per day
Russia’s Putin is speaking and says:
Looking at the German DAX, the decline today came after an earlier session rises to the price up to 14589.91. That took the price briefly above the high from a Monday at 14589.45, but momentum quickly faded and the price started to move back to the downside. By the close, the pair had moved back below its falling 100 day moving average at 14473.18. The price this week moved above the 100 day moving average on Monday (it closed above on that day), on Tuesday (a close below the moving average) and again today with a failure at the close.
This is referring to a data entry error, Bloomberg with the report, citing people familiar:
From the post at the time of the error, the impact:
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“This is among — if not the most — complex, dynamic environments I’ve ever seen in my career,”
“The confluence of the number of shocks to the system to me is unprecedented.”
Waldron (referring to Dimon’s ‘hurricane’) said he would not be “using any weather analogies,” but enumerated risks from inflation, changing monetary policy and Russia’s invasion of Ukraine could hit global economy.
Bloomberg link (gated)
This comes via a US media report ICYMI. Newsweek cites an intelligence report with info via:
The report was produced at the end of May.
There are plenty of caveats in the report, this one is notable: