Non-OPEC Compliance Hits 60%

Non-OPEC compliance jumped to 60% in February compared to 48% seen in January. Despite this, the Oil Minister for Kuwait Essam al-Marzouq is calling for more action.

Kuwait chairs the five-member committee which also includes Algeria, Venezuela, Russia and Oman.

Saudi Arabia continued to lead OPEC's efforts to cut production - BBG

According to a Bloomberg story reported overnight, Saudi Arabia emerged the leading oil producers to cut maximum output. Key Points: Saudi Arabia co
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NZD/USD: Downside opening up towards 0.6950

The Kiwi prolongs its downward trajectory for the sixth consecutive session on Friday, heavily sold-off into divergent monetary policy outlooks betwee
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