MNI BRIEF: Yellen: Will Need To Revaluate Bank Regulations

MNI: US Feb Existing Home Sales See Huge Rebound

CANADA FEB CPI 5.2% YOY VS FORECAST 5.4%, PRIOR 5.9%

Coming Up In The Asia-Pac Session on Wednesday

US Treasury Auction Calendar

MNI: US NAR: FEB EXISTING HOME SALES +14.5% TO 4.58M SAAR

MNI: Freeland-Banks Well Capitalized, Budget To Focus Stimulus

MNI BRIEF: Joint European Funds Best Response To IRA-Gentiloni

MNI BRIEF: Fed, Treasury, FDIC-Big Banks Back First Republic

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial
OIL

Prices Continue Recovery As Risk Appetite Improves

AUSSIE BONDS

Cheaper With U.S Tsys

JPY

Yen Underperforms Amid Higher Yields/Further Recovery In Equities

BONDS

NZGBS: Weaker Following U.S. Tsys Lead

NZD

Pressured, AUD/NZD Meets Resistance at $1.08

AUD

A$ Underperforms Following RBA Minutes & Higher Core Yields

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Trending Top 5
Market News Topics

Russian Energy Ministry Says "No Aim to Sell at Any Price"

OIL
BulletEnergy BulletsHomepageCommodities

Russia’s March crude output cut is based on the principle of no aim to sell at any price just for the sake of volume according to the energy ministry.

  • "There is no goal to sell oil at any price just for the sake of volume, because there are certain non-market restrictions and an attempt somehow to establish them. Russia does not agree with this easily, and we believe that this is a super-destructive element for the global economy," First Deputy Energy Minister Pavel Sorokin said.
  • Russia intends to cut production by 500,000 bpd this month. It is not yet clear Russia’s production intentions from April.
105 words

To read the full story

Why Subscribe to

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.

Russia’s March crude output cut is based on the principle of no aim to sell at any price just for the sake of volume according to the energy ministry.

  • "There is no goal to sell oil at any price just for the sake of volume, because there are certain non-market restrictions and an attempt somehow to establish them. Russia does not agree with this easily, and we believe that this is a super-destructive element for the global economy," First Deputy Energy Minister Pavel Sorokin said.
  • Russia intends to cut production by 500,000 bpd this month. It is not yet clear Russia’s production intentions from April.