According to Reuters, Ecuadorean Oil Minister Carlos Perez has recently argued that OPEC should maintain oil production cuts at its next meeting. At the time of writing, the barrel of West Texas Intermediate was trading at $66.33, down 2.3% on the day, while the barrel of Brent was losing only $0.25 at $75. Earlier this week, oil prices came under pressure amid speculations of OPEC and Russia looking to ramp up the production to compensate for the reduction in supply from Iran and Venezuela. 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 Trump has loaded up on fresh amo in the cold trade war on Tuesday FX Street 5 years According to Reuters, Ecuadorean Oil Minister Carlos Perez has recently argued that OPEC should maintain oil production cuts at its next meeting. At the time of writing, the barrel of West Texas Intermediate was trading at $66.33, down 2.3% on the day, while the barrel of Brent was losing only $0.25 at $75. Earlier this week, oil prices came under pressure amid speculations of OPEC and Russia looking to ramp up the production to compensate for the reduction in supply from Iran and Venezuela. 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.