The oil market traded on a series of supply-related stories yesterday as news out of Libya 6 that the militia has taken control of large oil ports threatening exports from Libya 6 initially pushed oil prices higher, notes the research team at Danske Bank. Key Quotes “Later in the day, Saudi Arabia was said to plan to boost oil output to a record high 10.8mb/d following the OPEC+ deal from last week. The news temporarily eased concerns over the potential supply risk from Libya and sent oil prices back down again before news broke that the US is pressing its allies to cut Iran oil imports to zero by November. If the US succeeds in the latter, it will tighten world oil supply and push prices higher.” 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 Ethereum Classic price analysis: ETCUSD yielded to bearish pressure, back below $15.00 FX Street 3 years The oil market traded on a series of supply-related stories yesterday as news out of Libya 6 that the militia has taken control of large oil ports threatening exports from Libya 6 initially pushed oil prices higher, notes the research team at Danske Bank. Key Quotes "Later in the day, Saudi Arabia was said to plan to boost oil output to a record high 10.8mb/d following the OPEC+ deal from last week. The news temporarily eased concerns over the potential supply risk from Libya and sent oil prices back down again before news broke that the US is pressing its… 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.
