The situation in the oil market is quite uncertain and it changes very quickly, Russia’s Energy Minister Alexander Novak said on Thursday and refrained from clarifying if Russia will support deeper oil output cuts recommended by the OPEC+ Joint Technical Committee (JTC). “Common stance of oil producers is that it’s not expedient to hold OPEC+ meeting ahead of schedule,” Novak added. “Oil producers should meet in early march as initially planned.” Oil reaction The barrel of West Texas largely ignored these comments and was last seen trading at $53.70, adding 0.35% 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 GBP/JPY climbs to YTD tops, around 144.60 and retreats FX Street 2 years The situation in the oil market is quite uncertain and it changes very quickly, Russia's Energy Minister Alexander Novak said on Thursday and refrained from clarifying if Russia will support deeper oil output cuts recommended by the OPEC+ Joint Technical Committee (JTC). "Common stance of oil producers is that it's not expedient to hold OPEC+ meeting ahead of schedule," Novak added. "Oil producers should meet in early march as initially planned." Oil reaction The barrel of West Texas largely ignored these comments and was last seen trading at $53.70, adding 0.35% 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.
