Iran’s OilMin: Crude above $60 would ultimately hurt OPEC

Iranian Students News Agency, via Bloomberg, reported comments from the country’s oil minister Bijan Namdar Zanganeh delivered earlier today.

Zanganeh addressed the media after meeting Russian Energy Minister Alexander Novak

Key Headlines:

Crude above $60 would ultimately hurt OPEC because it would spur competitors to boost production and trigger medium-term price decline

Feb 22, 2017

Japan’s Aso: Not thinking now of issuing negative rate Govt bonds

Japanese finance minister Taro Aso is also on the wires now, via Reuters, noting that the government is not thinking now of issuing negative rate Govt

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Feb 22, 2017

Fed’s Mester: We have to change policy path if economic outlook changes

Additional headlines hit the wires from the Cleveland Fed President Loretta J. Mester, extending her talks on the labour market and fiscal policies.

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