OPEC Secretary-General Mohammad Barkindo crossed the wires in the last minutes arguing that there is no cause for alarm in the oil market for the moment and reminded that the OPEC+ deal will run until March 2020. “No one in OPEC+ wants to return to where we came from during oil prices downturn,” Barkindo said. “Fundamentals of global economy remain strong, there is no sign of a global economic recession.” Barkindo further added that demand numbers for 2020 have the potential for an upside swing. Crude oil prices edged lower on these comments and the barrel of West Texas Intermediate was last down 0.55% on the day at $56.45. 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 FOMC Chairman Powell testimony: Baseline outlook for US economy remains favourable FX Street 3 years OPEC Secretary-General Mohammad Barkindo crossed the wires in the last minutes arguing that there is no cause for alarm in the oil market for the moment and reminded that the OPEC+ deal will run until March 2020. "No one in OPEC+ wants to return to where we came from during oil prices downturn," Barkindo said. "Fundamentals of global economy remain strong, there is no sign of a global economic recession." Barkindo further added that demand numbers for 2020 have the potential for an upside swing. Crude oil prices edged lower on these comments and the barrel of West… 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.
