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OPEC

Saudi Arabia admitted the need for a decrease in oil output in 2019

Saudi Arabia can reduce oil output in 2019, Energy Minister Khalid Al-Falih said. According to him, Riyadh can reduce daily production in December by 500,000 barrels as compared to November in response to other manufacturers’ requests about it. Khalid Al-Fatih made this statement despite ...

Tips and Tricks to Look at When CPI Comes Out

The CPI or the Consumer Price Index is the economic release every currency trader must monitor. Called inflation, the CPI tracks the price changes over a given period. It typically refers to all goods and services in an economy, and it is part of every central bank’s mandate. Entire monetary ...