The Petroleum Exporting Countries (OPEC) unanimously support an extension to the agreement on the reduction of oil output after March 2020 and continue to discuss whether a three or a six-month extension is needed, Russian news agency TASS reported on Tuesday, citing three sources familiar with talks. “The extension of the agreement after March is the least we can do. But most likely we will not increase the reduction volume,” one source told TASS and added that a six-month extension was one of the options while saying a three-month extension was more likely. Crude oil prices edged lower on these remarks and the barrel of West Texas Intermediate was last seen trading at $58.05, still up 0.35% on the day. 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 Bitcoin technical analysis: BTC/USD bulls must break $7500 or be hit by harsh rejection FX Street 3 years The Petroleum Exporting Countries (OPEC) unanimously support an extension to the agreement on the reduction of oil output after March 2020 and continue to discuss whether a three or a six-month extension is needed, Russian news agency TASS reported on Tuesday, citing three sources familiar with talks. "The extension of the agreement after March is the least we can do. But most likely we will not increase the reduction volume," one source told TASS and added that a six-month extension was one of the options while saying a three-month extension was more likely. Crude oil prices edged lower… 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.
