Russia's Novak: Sees an extension of OPEC+ deal end of June or start of July

Adding to his earlier comments about Russia being open to new dates for the OPEC+ meeting, Russian Energy Minister Alexander Novak said that he saw the OPEC+ supply output agreement getting extended at that meeting. 

Crude oil prices didn't show a notable reaction to Novak's remarks and the barrel of West Texas Intermediate was down 0.2% on the day at $51.80. The weekly API crude oil stock from the U.S. later in the day will be looked upon for fresh impetus.

Germany: Mixed ZEW data - TDS

Analysts at TD Securities note that the German ZEW survey offered the first glimpse at survey indicators for June, and the survey's expectations compo
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US: Housing data in the limelight - TDS

Analysts at TD Securities suggest that the US housing starts are expected to advance mildly in May, rising 0.4% m/m to 1,240k. Key Quotes “This would
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