The Reserve Bank of New Zealand (RBNZ) is likely to kick off its rate hiking cycle from August, then hike again in November and take its official cash
US weekly EIA oil inventories +2108K vs -4466K expected
Weekly oil inventories It was interesting that net imports were the highest since Dec 2020. The US market is tight and pulling in international barrels. That's narrowed the spread to brent to under $2. There's even talk about parity.