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Saudi vows to keep oil market balanced
Saudi Arabia has led supply cuts since start of the year
Reuters NewsSaudi Arabia waits for higher spot prices before raising oil exports: Kemp
Saudi policymakers are trying to balance the diplomatic imperative of maintaining good relations with the White House while keeping export revenues at an adequate level
Reuters NewsOil falls after Saudi assurances on market balance, Mideast tensions
The kingdom "will do everything in its power to prevent any war and its hand is always extended to peace," a cabinet statement said
Reuters NewsSaudi cabinet affirms desire to avoid war, stabilise oil markets
Saudi government is committed to achieving balance in the oil market
Reuters NewsMiddle East tensions pose 'challenge' to oil market stability - Iraqi minister
OPEC's ministerial monitoring committee, known as the JMMC, must monitor markets
Reuters NewsChinese power grid completes first spot electricity trading
The trades involve 123 power distribution companies, 190 power generators and three major users, the report said
Reuters NewsMalaysia's Petronas achieves first LNG production at floating facility
Petronas said production was attained three days after the Petronas FLNG Satu facility achieved first gas
Reuters News
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#Morning Briefing
Wednesday outlook: Oil prices retreat as U.S. crude stockpiles rise
Brent crude futures were down 38 cents, or 0.5 percent, at $71.80 at barrel by 0219 GMT
Read MoreOpinion
Is the dovish Fed a game changer for emerging markets?
With the Fed on hold, currencies stabilising and favourable oil price base effects, emerging central banks should not have to tighten monetary policy much this year – unlike in 2018.
Markets offer uncharacteristic response to higher U.S. tariffs on $200bn of Chinese goods
Existing 10 percent tariff on $200 billion of Chinese goods has been increased to 25 percent.
Threat to trade through Trump Tweet turns markets
Chinese yuan fell at its fastest pace in over two years on Monday morning
Will volatile oil prices threaten global growth?
Are oil exporters set to experience short-term gains, but longer term pain?
