Some AHr oil comments & others
Commodities
Libyan oil production was at 504k bpd, according to the government oil minister. (RTRS)
Note: During August and September, Libyan oil output averaged 350-355K bpd.
Analysts at Citi suggest oil markets are `setting itself up for another sell-off`. (BBG)
16:30 News Bot: According to a state regulator, none of the oil producers in the northern Dakota region are operating in excess of 10 drilling rigs today
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Fed discount rate minutes showed that 8 regional banks want an increased discount rate vs. 5 banks in the previous vote. (BBG)
Fed's Bullard (non-voter, hawk) said that a lift-off is still appropriate despite challenges and that the FOMC will act in an "exceptionally accommodative" manner, although added that it will be difficult for the FOMC to raise interest rates in October following only one extra month’s worth of data. (RTRS)
And German, U.K. #s coming in light as to retail & output.
The greatest deception men suffer is from their own opinions.
~ Leonardo da Vinci
