MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

BRIEF: EU-Mercosur Deal In Final Negotiations - EC

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Crude Edges Higher Ahead of JMMC Meeting

OIL

Crude is edging higher ahead of OPEC’s JMMC meeting today which is due to start shortly at 14:00CET.

  • The JMMC committee will review the current market and are expected to recommend no change to the OPEC production targets.
  • The shape of the forward curve is largely unchanged today as the market weighs up economic driven demand concerns, ahead of the US Fed decision late today, against China optimism and possible Russia supply disruption.
  • Brent APR 23 up 0.4% at 85.82$/bbl
  • WTI MAR 23 up 0.7% at 79.41$/bbl
  • Brent APR 23-MAY 23 down -0.01$/bbl at 0.28$/bbl
  • Brent MAY 23-JUN 23 unchanged at 0.42$/bbl
  • Brent JUN 23-DEC 23 up 0.03$/bbl at 2.99$/bbl
  • Brent DEC 23-DEC 24 down -0.03$/bbl at 4.71$/bbl
Energy BulletsCommodities
Energy BulletsCommodities

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.