Sources: US, Canada and Mexico are edging closer to USMCA trade deal - WSJ

The Wall Street Journal (WSJ) cited people familiar with the negotiations, as saying that the US, Canada and Mexico are edging closer to a new NAFTA, USMCA trade deal.

Dec 9, 2019

OPEC+ cuts unlikely to bring the market to balance over 1Q20 - ING

In the view of the analysts at ING Bank, the latest OPEC+ decision to deepen the output cuts are unlikely to have any significant effect on the market

WTI Technical Analysis: 200-week EMA, 50% Fibonacci guard immediate upside

WTI drops to sub-$59.00 area during early Monday. The pair’s failed to provide a decisive break beyond 200-week EMA and 50% Fibonacci of the year 2018 downpour.