QATAR IS OK
BLOOMBERG - It's been a year since Saudi Arabia and three of its Arab allies hit Qatar with an economic embargo over ties to Iran and the alleged funding of terrorism. To listen to the Saudis, the embargo has been a great success, so much so that Crown Prince Mohammed bin Salman has dismissed his Gulf neighbor as too insignificant to bother with.
The standoff is something for a junior minister to deal with, a royal court adviser tweeted in March, citing the prince. "We have not been deprived of anything," the adviser said. "Qatar has been deprived…
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US crude oil inventories for the week ended Mar. 15, excluding the Strategic Petroleum Reserve, decreased 9.6 million bbl from the previous week, data from the US Energy Information Administration showed.
Saudi Arabia will supply its clients with significantly less oil than they requested in April, extending deeper-than-agreed oil production cuts into a second month, a Saudi official familiar with the policy said.
Oil & Gas UK estimates exploration and production companies would have to spend about $265 billion between 2019-35 to realize industry’s expectations outlined in Vision 2035 on the UK Continental Shelf (UKCS).
U.S. FRB - Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. In support of these goals, the Committee decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent.