No agreement in Doha… http://www.wsj.com/articles/doha-draft-calls-for-oil-output-freeze-at-january-levels-until-october-1460872822. But the WSJ adds this:
“While markets could be disappointed by the failure to freeze oil production in the short term, the longer-run impact could well be blunted by the reality that low prices are already pushing out many cash-strapped producers, making a formal freeze less important.”
Strike in Kuwait… which is reducing oil production by more than half, according to the WSJ: http://www.wsj.com/articles/oil-worker-strike-cuts-in-half-kuwait-crude-production-1460919300
Dilma is impeached by Brazil’s lower court… http://www.nytimes.com/2016/04/18/world/americas/brazil-dilma-rousseff-impeachment-vote.html “Given the larger than-expected margin of deputies voting for impeachment, some political analysts said the Senate was likely to remove Ms. Rousseff from office, a ruling that would require a two-thirds majority.”
Leave a Reply