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Russian OilMin Novak: OPEC and non-OPEC compliance with pact was 116% in August

Russian Energy Minister Alexander Novak recently crossed the wires, with the key headlines, via Reuters, found below:

  •  OPEC and non-OPEC compliance with pact was 116% in August
  • Russian compliance with pact is more than 100%
  • Nigeria reached oil production of 1.8 mln bpd in July and production was 100,000 bpd lower in August
  • Too early to discuss how long the current oil pact should be extended

As of writing, the barrel of West Texas Intermediate was trading at $50.60, flat on the day.

US FOMC: Let the great adjustment begin - BNP Paribas

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GBP/JPY on track to erase Brexit referendum losses

GBP/JPY is posting strong gains for the second day in a row and headed toward the highest close since the Brexit referendum. During the American...
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