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UAE Energy Minister: Still need to reach the five year average of oil inventories

More comments from UAE Energy Minister Suhail bin Mohammed Al-Mazroui are crossing the wires via LiveSquawk-

  • In order to meet oil demand growth, we also need shale oil supply. 
  • Still, need to reach the five year average of oil inventories. 

 

Australia: Retail sales surprise - TDS

Australia’s November retail sales popped +1.2%, the largest monthly increase since Feb 2013 (mkt +0.4%, TD +0.2%), notes the research team at TDS. Ke
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AUD/USD consolidates upbeat Aussie data-led gains to near 3-month tops

The AUD/USD pair held on to its upbeat Aussie data-led strong gains, albeit has retreated few pips from near 3-month tops touched in the last hour. T
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