Oil importing countries may announce purchasing oil at the G20 meeting to support demand, International Energy Agency’s (IEA) chief Fatih Birol told Arabiya TV on Thursday, per Reuters, and added that he doesn’t expect a quick recovery in demand. Birol further noted that he doesn’t see crude oil prices recovering quickly either. Market reaction Crude oil prices largely ignored these comments and continue to edge higher ahead of the critical OPEC+ meeting. As of writing, the barrel of West Texas Intermediate was up 4.15% on the day at $27.18. 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 USD/JPY: Bounce towards 109.50/110.50 looks to be a good sell opportunity – Westpac FX Street 2 years Oil importing countries may announce purchasing oil at the G20 meeting to support demand, International Energy Agency's (IEA) chief Fatih Birol told Arabiya TV on Thursday, per Reuters, and added that he doesn't expect a quick recovery in demand. Birol further noted that he doesn't see crude oil prices recovering quickly either. Market reaction Crude oil prices largely ignored these comments and continue to edge higher ahead of the critical OPEC+ meeting. As of writing, the barrel of West Texas Intermediate was up 4.15% on the day at $27.18. 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.
