Markets
Vitol exec warns Opec it needs to maintain supply cuts

Trump signs executive order to prevent computer hacking

Budget 2017: The Politics Of Picking A Fight With The Banks
Morrison outlined plans to deliver A$75 billion in infrastructure funding and financing over the next years as the base of Australia's next growth wave. Instead, Mr Morrison said, the banks should be mindful of their $30 billion annual profits and absorb the cost of the new levy - just as small businesses and families do with their rising costs. [Full Article...]
Persimmon plc (PSN) Earns "Buy" Rating from Beaufort Securities
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BT. The company has market cap of $127.15 million. Therefore 67% are positive. Persimmon plc presently has an average rating of "Hold" and a consensus target price of GBX 2,142 ($27.70). According to this price target, it now means the analyst believes there is a potential increase of 17.05%... [Full Article...]
Iraq, Algeria support extension of oil production cuts
Distillate stockpiles, which include diesel and heating oil, dropped 1.6 million barrels, versus expectations for a 1.0 million-barrel draw, the EIA data showed. OPEC said its production, including Nigeria and Libya, fell by about 18,000 bpd in April to 31.73 million bpd, according to the secondary sources. Due to the higher supply expected from outside producers, OPEC trimmed forecast demand fo... [Full Article...]
Lebanon's culture minister commends China's Belt and Road Initiative — Interview

President Trump fires FBI Director James Comey

White House: President Trump fires FBI Director James Comey
