On Tuesday, Russia’s Energy Minister Alexander Novak said that they can raise oil production by 500k barrel per day (bpd) in the near future. Further comments The door is not closed for OPEC+ cooperation. OPEC call for deeper cuts is what led to disagreement. Russian oil market remains competitive amid lower oil prices. This comes after Saudi oil giant Aramco said that they will supply its customers with 12.3 million bpd in April vs. 9.7 million bpd at present. WTI reaction The US oil cut its recovery gains on the negative headlines to now trade below $32.50, gaining 4% intraday. In Asia, WTI rebounded nearly 8% after Monday’s over 30% dramatic fall. 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 USD/CHF: Resist the 2018 low – Commerzbank FX Street 2 years On Tuesday, Russia’s Energy Minister Alexander Novak said that they can raise oil production by 500k barrel per day (bpd) in the near future. Further comments The door is not closed for OPEC+ cooperation. OPEC call for deeper cuts is what led to disagreement. Russian oil market remains competitive amid lower oil prices. This comes after Saudi oil giant Aramco said that they will supply its customers with 12.3 million bpd in April vs. 9.7 million bpd at present. WTI reaction The US oil cut its recovery gains on the negative headlines to now trade below $32.50, gaining 4% intraday.… 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.
