UAE Energy Min Mazroui: OPEC production deal should remain or be extended 'at least until the end of the year'

UAE Energy Minister Suhail Mohammed Faraj Al Mazroui was crossing the wires, via Reuters, during the early Asian session on Wednesday. Mr. Mazroui reiterated his previous comments supporting an extension of OPEC+ deal on production cuts.

Key Notes:

  • OPEC production deal should remain or be extended 'at least until the end of the year'.
  • Current oil inventories suggest curbs should remain in place.

S&P500 technical analysis: The bull run goes on as the market challenges the 2,900.00 mark

S&P500 daily chart The S&P500 Index pushed beyond the 2900.00 mark on an intraday basis as the market trades above its main daily simple moving averag
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NZD/USD remains on a back foot around 0.6580 ahead of data-flow

Following another day ruled by bears, the NZD/USD pair continues to be on a back foot near 0.6580 ahead of a slew of domestic and China data on early Wednesday.
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