Tag Archives: stabilizing

The Minister of energy of Saudi Arabia Khalid al-falih, as well as newly elected OPEC Secretary General Mohammed Barkindo said the global oil market is nearing balance, Reuters reports. It is noted that such a conclusion al-falih and Barkindo made during the meeting, which was held in the Saudi city …

China’s economy is stabilizing. Published today data on GDP growth was not a surprise for the market, the market perceived them quite calmly. In the first quarter the GDP growth rate was 6.7%, which was in line with expectations. Also published data on industrial production, retail sales, fixed capital investment …