A Price For All Seasons
BARCLAYS | New unplanned outages look unlikely to abate in the next couple of months, which have contributed to a tighter 1H16 oil market balance and new variability in the price forecast.
iraq
Germany’s domestic demand might be taking the helm
BERLIN | By Alberto Lozano | At the end of the week, good news are coming from Germany’s trade data. After calendar and seasonal adjustment, German imports rose by 4.5% on the month, rebounding from a sharp fall in May (-3.4%) with the highest month-on-month increase since November 2010. In addition, German exports increased by 0.9%, narrowing the criticised surplus to 16.2 billion euros from 18.8 billion the previous month.