Citing three OPEC sources familiar with the matter, Reuters recently reported that OPEC was unlikely to make a new decision on output cuts at the April meeting. According to the article, OPEC is likely to decide to extend the oil supply curbs until the end of the year at the June meeting. “OPEC may discuss easing curbs if output drops further in exempt producer,” the sources said. The barrel of West Texas Intermediate extended its daily rebound on Reuters’ report and was last seen trading at $56.50, where it was up 1.35% on a daily basis. 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 EOS 9% plunge massively dents the short-term bullish trend FX Street 4 years Citing three OPEC sources familiar with the matter, Reuters recently reported that OPEC was unlikely to make a new decision on output cuts at the April meeting. According to the article, OPEC is likely to decide to extend the oil supply curbs until the end of the year at the June meeting. "OPEC may discuss easing curbs if output drops further in exempt producer," the sources said. The barrel of West Texas Intermediate extended its daily rebound on Reuters' report and was last seen trading at $56.50, where it was up 1.35% on a daily basis. 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.