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Russia cut oil output by 150k bpd in April - Interfax

Russia’s news agency, Interfax, reports that the country cut oil output by 150,000 barrels per day (bpd) so far this month.

Both crude benchmarks remain depressed despite a better risk environment, little pleased by the above headlines.

CFTC positioning report: EUR net shorts climbed further

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GBP/USD fades a bounce above 1.3100, focus shifts to UK data

The GBP/USD pair picked up fresh bids on the European open and swung back above the 1.31 handle, printing fresh session tops at 1.3107, before easing
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