A big day for oil as we have a raft of data that may affect future movements. Looking at the wider economic environment, today's PPI numbers will give us a clearer idea of the health of the US economy, and looking towards the oil markets per se, we have the weekly oil inventories, plus the OPEC meeting in Vienna.
|ICE BRENT CRUDE - APR 10|
|ICE WTI - APR 10|
|GASOIL - MAR 10|
- We await news from the OPEC meeting re production levels
- Unemployment data released in the UK this morning showed that Britons claiming benefits fell by the biggest amount since 1997 - a 33,000 fall
- Both the US and the Japanese left interest rates unchanged overnight
- The IMF Chief has said that the Yuan is 'much undervalued'
Major Economic News