BLOOMBERG Bloomberg Surveillance May 16, 2017
And russia yesterday deciding to extend the production cuts and the iaea saying the demand outlook is slightly downgraded on lower first half estimates. Non opec increased in 600,000 barrels per day. You can see brent is up on the back of that, 52. 19. It was around 51. 7 when i looked at that. Oil is climbing a little bit more. Reminder yesterday, we found out audi plan to extend production cuts for another six months. Watch oil. We will bring you those trump headlines. That is giving a nice risk to the euro dollar, the dollar weakening for a fifth straight day. The euro is soaring amidst cla...