Citing three sources familiar with talks, Reuters on Tuesday reported that Russia was unlikely to agree to deepen additional oil output cuts at the Organization of the Petroleum Exporting Countries’ (OPEC) meeting in Vienna on December 5th. “We expect uneasy talks in December. Russia will not categorically agree to (deepen) cuts in winter,” a source told Reuters. “Serious consultations have not yet started. Rollover looks more likely. Russia cannot reduce more in winter time. But surprises are always a possibility,” added another source. Crude oil prices came under renewed bearish pressure on these comments and the barrel of West Texas Intermediate was last seen trading at $56.30, erasing 0.95% 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 Bitcoin price prediction: BTC/USD balances on the verge of $8,000 abyss – Confluence Detector FX Street 3 years Citing three sources familiar with talks, Reuters on Tuesday reported that Russia was unlikely to agree to deepen additional oil output cuts at the Organization of the Petroleum Exporting Countries' (OPEC) meeting in Vienna on December 5th. "We expect uneasy talks in December. Russia will not categorically agree to (deepen) cuts in winter," a source told Reuters. "Serious consultations have not yet started. Rollover looks more likely. Russia cannot reduce more in winter time. But surprises are always a possibility," added another source. Crude oil prices came under renewed bearish pressure 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.
