-
Russia's agreement to keep its current voluntary oil production cuts for another three months in line with the decision taken by the Opec-plus countries at their meeting on Jun. 2 demonstrated once again that market management cooperation remains crucial for Moscow. The Kremlin's spokesman, Dmitry Peskov, said the next day: "We consider that this is a very ...
-
CME Group, the world's leading derivatives marketplace, today reported its May 2024 market statistics set a new average daily volume (ADV) record of 26 million contracts for the month, up 4% from May 2023. The company's interest rate and metals products also reached May ADV records, as its deeply liquid U.S. Treasury complex hit a new single-day record of ...