The oil market is balanced in terms of supply and demand and ”geopolitical changes” are the reason for the rise in crude prices, Qatar’s Energy Minister Mohammed al-Sada said on Sunday, according to Reuters. He added that OPEC will take geopolitics into account at its next meeting. Oil has rallied more than 20 percent in the last two months to the highest level since November 2014. At press time, Brent oil is trading at $83.21 per barrel, having clocked a high of 86.71 last week. 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/JPY gunning for 150.00 as the week opens bullish FX Street 4 years The oil market is balanced in terms of supply and demand and ''geopolitical changes'' are the reason for the rise in crude prices, Qatar's Energy Minister Mohammed al-Sada said on Sunday, according to Reuters. He added that OPEC will take geopolitics into account at its next meeting. Oil has rallied more than 20 percent in the last two months to the highest level since November 2014. At press time, Brent oil is trading at $83.21 per barrel, having clocked a high of 86.71 last week. 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.
