IEA warns Europe to prepare for total shutdown of Russian gas exports – FT

International Energy Agency (IEA) chief Fatih Birol issued a warning to Europe, urging governments to remain prepared over a total shutdown of Russian gas exports this winter, the Financial Times (FT) reports.

 

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GBP/USD: Further range bound likely near term – UOB

Cable is expected to navigate the 1.2040-1.2400 range in the next weeks, according to FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang. Key
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Crude Oil Futures: A sustained retracement appears not favoured

According to preliminary readings from CME Group for crude oil futures markets, traders scaled back their open interest positions for yet another sess
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