VAST MAJORITY SAY LIKELY APPROPRIATE TO EASE NEXT MEETING

BRIEF: ECB's Panetta-Time To Start Thinking Of NGEU Successor

MNI China Daily Summary: Wednesday, Aug 21

MNI: PBOC Net Drains CNY111.2 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1307 Weds; +2.41% Y/Y

CHINA PBOC CONDUCTS CNY258 BILLION VIA 7-DAY REVERSE REPOS WEDS

US Treasury Auction Calendar

US EIA: CRUDE OIL STOCKS EX SPR -4.65M TO 426.0M AUG 16 WK

MNI: CANADA JUL INDUSTRIAL PRICES +0.0% MOM; EX-ENERGY -0.2%

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

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

New OPEC+ Meeting Possible in Near Future: Russia’s Novak

OIL

A new OPEC+ meeting is possible in the near future for the group to discuss the market situation but currently there is no need for new decisions, Russia Deputy PM Alexander Novak said, cited by Interfax.

  • "Now the date of the meeting could be determined in the near future, we will meet, look at the situation on the market," Novak said.
  • When asked whether the group is planning on an extraordinary meeting Novak said: "We will see, depending on the need."
  • "Now the price is going up a bit, the situation is more or less balanced, we cannot say that it is yet necessary to make any decisions, we're always keeping an eye on the situation," he said.
  • The 37th OPEC and non-OPEC Ministerial Meeting will be held on 1 June 2024 in Vienna.
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.