Russia’s Oil Minister, Alexander Novak, is hitting the wires with comments coming out of the OPEC+ ministers’ meeting taking place in Vienna this week. Russia is pushing for a 1 million bpd increase in OPEC’s current oil output limits. Key highlights Majority supports output increase according to Iraqi oil minister. Saudi Arabia says overwhelming consensus is to see output caps raised by 1 million bpd. Iraqi oil minister says OPEC+ has reached a preliminary consensus. Iran is still pushing back, Saudi oil minister says that we are listening to what Iran has to say, but the majority wants an increase. 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 German industry group sees Britain drifting into hard Brexit FX Street 5 years Russia's Oil Minister, Alexander Novak, is hitting the wires with comments coming out of the OPEC+ ministers' meeting taking place in Vienna this week. Russia is pushing for a 1 million bpd increase in OPEC's current oil output limits. Key highlights Majority supports output increase according to Iraqi oil minister. Saudi Arabia says overwhelming consensus is to see output caps raised by 1 million bpd. Iraqi oil minister says OPEC+ has reached a preliminary consensus. Iran is still pushing back, Saudi oil minister says that we are listening to what Iran has to say, but the majority wants an increase. 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.