Saudi OilMin Al-Falih: Will stick to supply constraints to balance the oil market

Saudi Energy Minister Al-Falih is on the wires now, via Reuters, noting that the Kingdom will stick to supply constraints to balance the oil market.

Over the weekend, Al-Falih said that he hopes that the OPEC + agrees to extend the output cut policy beyond June.

CFTC Positioning Report: USD net longs shrunk to multi-month lows

These are the main highlights from the latest CFTC report for the week ended on June 11. Speculators trimmed their gross longs and shorts on the green
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Germany's Bundesbank: Economy to shrink slightly in Q2

According to Reuters, Bundesbank on Monday has noted that it expected the Germany economy to contract slightly in the second quarter of the year. "Spe
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