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IEA’s Birol: Oil demand will remain solid in years to come

The International Energy Agency's (IEA) Executive Director, Dr. Fatih Birol, is reported by Reuters, as saying that he remains optimistic about the global oil demand.

Key Highlights: 

Oil demand will remain solid in years to come.

Demand to be driven by petrochemical and jet fuel demand.

New global gas demand being driven by home heating, industry instead of the power sector.

RBA’s Lowe: Cutting rates not as stimulatory as in the past

The Reserve Bank of Australia (RBA) Governor Phillip Lowe is back on the wires now, via Reuters, responding to the Q&A session following his speech.
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China: Inflation numbers disappoint – TDS

Analysts at TDS note that China’s Mar CPI at 2.1%/yr came in below the 2.6%/yr market forecast and 2.9%/yr prior print, while the PPI at 3.1%/yr also
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