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...Back to Goldman: Taking into account updated core-OPEC production guidance from April, this headline deal represents a 12.4mb/d cut from claimed April OPEC+ production but only a 7.2mb/d cut from 1Q20 average...
...Related links: A message from the dear leader to the stakhanovites — FT AlphavilleShared mobility V.1, USSR edition — FT AlphavilleWhat Hertz tells us about the future of shared mobility — FT AlphavilleMore...
...Philip Shaw, Investec This is not likely to be a V-shaped recovery. Banks still need to repair their balance sheets, implying credit will remain relatively scarce, constraining growth....
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