News

Baker Hughes Oil Services: The number of U.S. drilling companies' oil and natural gas rigs increased for the first time in four weeks.

The total number of oil rigs drilled in the United States in the week to March 6 was 411, compared with the previous value of 407.

The total number of U.S. oil rigs drilled for the week to March 6 will be released in ten minutes.

Canada and the province of Alberta have reached an in-principle agreement on accelerating the construction of major projects in Alberta.

French President Macron: The stability of Iraq is crucial to the entire region. France supports full respect for Iraq’s sovereignty, security and territorial integrity.

French President Macron: I reiterate my support for the resolute actions he has taken to ensure that Iraq is not drawn into the conflict.

French President Macron: I just had a phone call with Iraqi Prime Minister Mohammed. I conveyed to him France's full support for Iraq in the current escalation of tensions in the Near and Middle East.

Fed's Schmid: It's probably a good thing that the members of the Federal Reserve Board of Governors have more voting power than the regional Fed presidents.

Fed Schmid: Powell's style is to cooperate and understand the positions of all parties.

Fed's Schmid: We're lucky to have Powell at the helm.

Fed's Schmid: I'm going to miss Powell.

European Central Bank Executive Member Schnabel: The European Central Bank needs to remain vigilant; it needs to pay attention to expectations, wages and the cost-passing situation of companies.

European Central Bank Executive Member Schnabel: The European Central Bank is still in a good position, but the Iran war brings upward risks to inflation.

ECB Executive Member Schnabel: If inflation expectations remain stable, a small, temporary inflation overshoot is irrelevant.

European Central Bank Executive Member Schnabel: Lessons after the epidemic show that the European Central Bank must act cautiously.

Fed's Schmid: The labor market is facing structural rather than cyclical pressures.

Fed's Schmid: Companies are suspending hiring.

Fed Governor Milan: Planning is difficult for me right now and I will remain in office until someone is confirmed to take over my position.

Fed Governor Milan: He believes the Fed should lower interest rates to a neutral level and then reassess.

Fed Governor Milan: If the Fed does not cut interest rates, I expect to be dissatisfied this month.