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Traders rush into long oil positions after OPEC+ cut
Net-long wagers on Brent crude see near-record increase
1Q 2023 could be the worst quarter for US earnings since pandemic
The banking sector may come out surprisingly unscathed
There’s no knowing where crude prices are going
Could weakening demand outweigh OPEC’s supply cuts?
THIS MORNING: More high-yield CDs + Net foreign reserves inch up in March
The regional realignment continues apace
Oil soars on OPEC’s shock production cuts
Tighter energy markets could spur yet more inflation
Egyptian lawmakers approve bringing back daylight saving time
Government says the move will save at least USD 25 mn
MPs to vote next week on bringing back daylight saving time. PLUS: News from Cheiron, Bahrain investment, Mytilineos, Madinet Masr / Madinet Nasr, and Rosatom
The House Local Administration Committee approved the draft bill yesterday
BP, Adnoc team up on bid for NewMed
The energy giants want a slice of EastMed gas exports
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