Representatives of Greece’s international creditors ended their exploratory talks in Athens on Friday with serious reservations about a series of policies being promoted by the government, while they concluded that only half the prior actions tied to the next tranche of 2.8 billion euros have been implemented. Source Ekathimerini
The oil market is “adequately supplied for now,” but the supply losses from Venezuela and Iran leave the market suffering from “strain,” according to a new report from the International Energy Agency (IEA). Source: Oil Price
The UK and EU say key issues remain unresolved following unscheduled Brexit talks in Brussels. Brexit Secretary Dominic Raab and EU chief negotiator Michel Barnier met for more than an hour ahead of a crunch EU leaders’ summit this week. Mr Barnier tweeted that issues, such as how to avoid a hard border with Ireland, were “still open”. Source: BBC
Saudi Arabia on Sunday warned against threats to punish it over the disappearance of journalist Jamal Khashoggi last week, saying it would retaliate against any sanctions with tougher measures, as international criticism increased. “It would lead to Saudi Arabia’s failure to commit to producing 7.5 million barrels. If the price of oil reaching $80 angered President Trump, no one should rule out the price jumping to $100, or $200, or even double that figure,” he wrote. Source Fnancial Post
