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Sunday, July 1, 2018

Iran eyes private oil exports to help beat U.S. sanctions

DUBAI (Reuters) - Iran will allow private companies to export crude oil, part of a strategy to counter U.S. sanctions, and is urging fellow OPEC members, including regional rival Saudi Arabia, not to break output agreements, state media and officials said on Sunday.


from Reuters: Business News https://ift.tt/2NfipXu

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Interest rates held at 5% but 'on the path down'

Economists are betting on rates being held in September with a cut to come in November instead. from BBC News https://ift.tt/OyPldkf