Advertisement
UK markets close in 1 hour 19 minutes

  • FTSE 100

    8,061.60
    +16.79 (+0.21%)
     

  • FTSE 250

    19,762.16
    -37.56 (-0.19%)
     

  • AIM

    754.85
    -0.02 (-0.00%)
     

  • GBP/EUR

    1.1632
    +0.0004 (+0.04%)
     

  • GBP/USD

    1.2444
    -0.0009 (-0.07%)
     

  • Bitcoin GBP

    53,154.06
    -485.85 (-0.91%)
     

  • CMC Crypto 200

    1,428.30
    +4.20 (+0.29%)
     

  • S&P 500

    5,083.16
    +12.61 (+0.25%)
     

  • DOW

    38,509.76
    +6.07 (+0.02%)
     

  • CRUDE OIL

    82.93
    -0.43 (-0.52%)
     

  • GOLD FUTURES

    2,333.90
    -8.20 (-0.35%)
     

  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     

  • HANG SENG

    17,201.27
    +372.34 (+2.21%)
     

  • DAX

    18,122.59
    -15.06 (-0.08%)
     

  • CAC 40

    8,114.84
    +9.06 (+0.11%)
     
Money:

The five essential pieces of financial paperwork you must never lose

Mislaying key documents can cause real headaches, so it’s worth tracking down these most commonly-lost bits of paperwork

OPEC internal report sees oil stocks falling more in 2021

Reuters
·1-min read
FILE PHOTO: The OPEC logo pictured ahead of an informal meeting between members in Algiers, Algeria

LONDON (Reuters) - OPEC expects oil inventories to drop by about 445 million barrels in 2021 in the latest supply and demand outlook being reviewed by a technical meeting on Tuesday, according to a copy of the report seen by Reuters.

The figure is larger than the implied 2021 stock draw of 406 million barrels seen a month ago by OPEC in a similar report, showing deep supply curbs are reducing the supply overhang.

OPEC+ experts, the Joint Technical Committee, met on Tuesday ahead of a ministerial meeting on Thursday to decide oil output policy. The producers are withholding millions of barrels of daily supply to support the market.

(Reporting by Reuters OPEC team, Writing by Alex Lawler; Editing by Chris Reese)