Walgreens, which saw strong sales during the winter quarter, maintained its outlook for the year.
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OPEC+ said to agree to stick to existing oil output policy, vote to follow
Earthquake hits Japan’s Chiba prefecture, no tsunami warning
NHK reports on the matter, with witnesses saying that the earthquake has also shook buildings in Tokyo.
OPEC+ ministerial meeting begins
The result will be them sticking to the status quo. So, carry on as you will.The focus today in the oil market is on the purported threat of SPR releases by the Biden administration. But it is best to be reminded that strategic reserve releases will do nothing to fix structural issues in the oil mar
ForexLive European FX news wrap: Dollar firmer going into month, quarter-end
Headlines:Oil down over 5% after Biden threatens biggest emergency oil reserve drawICYMI: Russia-Ukraine talks to resume again on 1 AprilJapan PM Kishida: FX stability is important, sharp moves are undesirableOPEC+ reportedly to stick with existing oil output plan in today’s meetingIEA to make OPEC+
OPEC+ JMMC meeting reportedly ends, recommends sticking with existing output policy
The headlines are from Reuters, citing sources with knowledge of the matter. As mentioned earlier, expect the OPEC+ meetings today to be brief as there isn’t anything that warrants extra consideration to deviate from their existing stance. As such, they will agree to increase oil output by 432k bpd