OPEC expected to cut oil production next week - Bloomberg survey

According to a Bloomberg survey published this Tuesday, OPEC and its allies will announce production cuts when they meet on Dec. 6-7, defying pressure from the US President Donald Trump.

Key highlights:

• Thirty-one of 36 analysts predict a deal to curtail supplies.
• Average estimate point to a cut of 1.1 million barrels a day.
• There is less confidence that Russia will participate in output curbs.

Nov 27, 2018

US-EU trade deal should be doable but will take time – Nordea Markets

Tuuli Koivu, Research Analyst at Nordea Markets, suggests that their baseline forecast is that the trade tensions between the US and the EU will not e

EU government backs EC on disciplinary procedure against Italy - Reuters

Citing a draft document, Reuters recently reported that the EU government would support the EU Commission's decision that disciplinary procedure again