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Comments by Russian energy minister, Alexander Novak, via Interfax No further details expanded from Novak with his comments above. I reckon Russia should be more focused about keeping their end of the bargain, considering the fact that they don't have a stellar compliance record in the previous OPEC+ pact.

Some comments from European leaders during the Easter break Macron's argument is that the coronavirus pandemic is evolving at a different pace all over the world as it is "not affecting all countries at the same time".

GBP/USD goes in search for a firm break above 1.2500 ForexLive Most major European centers are closed today in observance of Easter Monday but there is some decent action to kick start the morning despite the quieter period.

The Times reports on the matter The full report can be found (may be gated). here In case you missed the earlier news from last month, due to the coronavirus situation. But it looks like they will return on schedule on 21 April next week, just that in virtual form.

A rough start to the new week for Japanese stocks ForexLive The market mood here is largely reflective of the softer touch in US futures, which are down by around 1.6% currently today. Just take note that most markets remain closed – in Europe as well – so liquidity conditions are still rather thin and […]

Market Updates for April 13: Major U.S. stock indices have regained half of the value lost during its recent fall from peak to low – exceeding this would be technically significant.

Oil prices were broadly higher during Monday’s Asian trading session after Russia and Saudi Arabia confirmed a new agreement for oil production cuts after days of intense negotiations.

The Euro may weaken versus the US Dollar if French President Emmanuel Macron announces an extended virus lockdown. Will other EU states echo his policy measure?

ING with a note about oil prices after the output cuts deal "We still believe that there is downside risk to oil prices from current levels in the short-term. However, the floor for the market is likely somewhat higher, therefore we have revised higher our Brent forecast for Q2 2020 from $20 to $25 per […]

Oil is up by over 4% to just under $24 currently ForexLive The price action isn't as encouraging as oil opened with a gap higher before erasing all of its gains and then only gradually moving back higher over the past few hours.