Russia will only agree to extend the existing OPEC+ oil output cuts and won’t back additional output cuts, Reuters reported on Friday, citing a high-level Russian source familiar with the matter. “Rıssia’s position won’t change,” the source told Reuters. Crude oil reaction With the initial market reaction, crude oil prices came under heavy selling pressure and the barrel of West Texas Intermediate was last seen trading at its lowest level since December 2018 at $43.90, erasing 4.5% on a daily basis. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next GBP/USD: Overbought conditions implies a correction FX Street 3 years Russia will only agree to extend the existing OPEC+ oil output cuts and won't back additional output cuts, Reuters reported on Friday, citing a high-level Russian source familiar with the matter. "Rıssia's position won't change," the source told Reuters. Crude oil reaction With the initial market reaction, crude oil prices came under heavy selling pressure and the barrel of West Texas Intermediate was last seen trading at its lowest level since December 2018 at $43.90, erasing 4.5% on a daily basis. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
