• Saudi energy minister says market fundamentals are going towards the right direction, but the market needs time to rebalance

Market news

19 June 2017

Saudi energy minister says market fundamentals are going towards the right direction, but the market needs time to rebalance

  • Hopes libyans go back to normal production levels which they fully deserve

  • Compliance in april and may to OPEC cuts agreement was above 100 percent

U.S. 10-year treasury yield at 2.158 pct vs U.S. close of 2.157 pct on Friday
IMF: BoJ should carefully calibrate yield curve policy, if downside risks materialise, to provide additional easing
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