PBOC drains CNY 280 billion this week

The People’s Bank of China (PBOC) sucked out CNY 280 billion this week via open market operations as opposed to CNY 155 billion liquidity injection seen last week.

Mar 3, 2017

WTI Oil drops to three-week low ahead of Baker Hughes report

Oil prices in the US dropped to a three-week low of $52.52 ahead of the Baker Hughes report, which could show more rigs came online in the US. WTI oi

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Mar 3, 2017

Saudi Arabia continued to lead OPEC's efforts to cut production - BBG

According to a Bloomberg story reported overnight, Saudi Arabia emerged the leading oil producers to cut maximum output. Key Points: Saudi Arabia co

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