Oil prices drop below USD 37.00/barrel

Oil prices are being smashed once again ahead of the data in the US tomorrow, which could show inventories likely rose for 11th week.
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ECB's Weidmann didn’t see easing as necessary

ECB member Jens Weidmann said that he does not believe that further easing is necessary, adding that the Eurozone is far away from a deflationary spiral, Bloomberg reports.
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