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IEA’s Birol: Oil demand growth to remain weak, keeping a check on prices

Further comments are crossing the wires from the International Energy Agency (IEA) Chief Fatih Birol, with the key quotes found below.

We are expecting a demand growth of slightly higher than 1 million barrels per day.

Growth could remain weak, compared with historical levels.

Non-OPEC production is very strong.

We still expect production coming from, not just United States, but also Norway, Canada, Guyana, among other countries.

We see prices remain at $65 a barrel.

  • IEA’s Birol sees a well-supplied oil market in 2020
  • Crude Oil Futures: rising odds for a deeper pullback

US: Downside risks for December NFP – TDS

Analysts at TD Securities see more downside than upside risk for the US payrolls in December after an exaggerated surge in November (266K and around 2
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USD/JPY consolidates near 2-week tops, just above mid-109.00s ahead of NFP

The USD/JPY pair hovered above mid-109.00s through the Asian session on Friday and consolidated the recent strong gains to two-week tops. Improving gl
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