Libyan oil output creeps higher ahead of OPEC meeting

Bloomberg reported comments from Jadalla Alaokali, a board member at Libya’s National Oil Corp (NOC)., delivered on Sunday by phone that the OPEC member with Africa’s largest crude reserves is pumping more than 814,000 barrels a day, thanks partly to rising output from two fields that re-started last month.

According to data compiled by Bloomberg, output from the politically divided country is at its highest since October 2014 when it pumped 850,000 barrels a day.

US CPI: Core inflation falls back below 2% - Natixis

Thomas Julien, Research Analyst at Natixis, notes that US total CPI rose by 0.2% MoM in April (in line with expectations) with a rebound in energy pri
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AUD/USD extends bullish momentum further beyond 0.74 mark

The AUD/USD pair traded with positive bias for the fourth consecutive session and extended last week's recovery move from 4-month lows to move back ab
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