Organization of the Petroleum Exporting Countries(OPEC) and Russia are not yet discussing a possible extension to the record oil output cuts into August, Reuters reported on Tuesday, citing four OPEC sources familiar with talks. Sources further noted that Russia and OPEC were likely to ease output reductions. Market reaction Crude oil prices came under selling pressure on this headline. As of writing, the barrel of West Texas Intermediate (WTI) was down 1.06% on a daily basis at $39.20 and the barrel of Brent was losing 1.05% at $41.25. 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 clings to daily gains, holds comfortably above mid-107.00s FX Street 2 years Organization of the Petroleum Exporting Countries(OPEC) and Russia are not yet discussing a possible extension to the record oil output cuts into August, Reuters reported on Tuesday, citing four OPEC sources familiar with talks. Sources further noted that Russia and OPEC were likely to ease output reductions. Market reaction Crude oil prices came under selling pressure on this headline. As of writing, the barrel of West Texas Intermediate (WTI) was down 1.06% on a daily basis at $39.20 and the barrel of Brent was losing 1.05% at $41.25. 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.
