Iraq’s Oil Minister Thamir Al-Ghadhban crosses wires, via Reuters, during early Monday morning in Asia. The representative from the OPEC (Organization of the Petroleum Exporting Countries) conveyed optimism surrounding the recently reached OPEC+ deal. Key quotes The big oil output cut deal reached will help to stabilize the market. May and June will be vey important to see results. Massive Oil inventories will help lover inventories and boost prices. OPEC next step is to monitor markets and will cooperate with OPEC+ to keep oil market away from acute volatility. Market implications The comments fail to offer any major push to the oil benchmark as WTI begins the week’s trading on the back foot around $22.60 by the press time. 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: Remains near mid-108.00 area amid coronavirus crisis FX Street 2 years Iraq's Oil Minister Thamir Al-Ghadhban crosses wires, via Reuters, during early Monday morning in Asia. The representative from the OPEC (Organization of the Petroleum Exporting Countries) conveyed optimism surrounding the recently reached OPEC+ deal. Key quotes The… Top 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.
