Danske Bank analysts note that late yesterday, Reuters quoted OPEC sources for saying that they would consider larger supply cuts for 2020 than previously planned to be discussed at the December meeting. Key Quotes “The message immediately made oil prices jump around 50 cents to USD 60/bbl, but they came quickly back down afterwards. Oil prices are down USD 15/bbl from the highs in April following the weaker economic outlook, and, according to the International Energy Agency, supply growth next year from non-OPEC producing countries such as Brazil and the US will likewise weigh on prices.” 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 AUD/USD keeps the red near weekly lows, below mid-0.6800s FX Street 3 years Danske Bank analysts note that late yesterday, Reuters quoted OPEC sources for saying that they would consider larger supply cuts for 2020 than previously planned to be discussed at the December meeting. Key Quotes "The message immediately made oil prices jump around 50 cents to USD 60/bbl, but they came quickly back down afterwards. Oil prices are down USD 15/bbl from the highs in April following the weaker economic outlook, and, according to the International Energy Agency, supply growth next year from non-OPEC producing countries such as Brazil and the US will likewise weigh on prices." 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.
