The OPEC+ decision on 2021 output strategy is in line with Russia’s interests, Russian Energy Minister Alexander Novak noted on Wednesday, as reported by Reuters. Additional takeaways “Oil prices have been stabilized.” “We see a partial recovery of oil demand.” “We see rise of oil imports in the Asia Pacific.” “Air traffic is still low.” “Countries outside of OPEC+ have boosted investments.” “Next OPEC+ meeting is on January 4th.” Market reaction Crude oil prices largely ignored these comments. As of writing, the barrel of West Texas Intermediate (WTI) was up 0.32% on a daily basis at $45.73. 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 Platinum to consolidate below 1092 ahead of further gains – Commerzbank FX Street 2 years The OPEC+ decision on 2021 output strategy is in line with Russia's interests, Russian Energy Minister Alexander Novak noted on Wednesday, as reported by Reuters. Additional takeaways "Oil prices have been stabilized." "We see a partial recovery of oil demand." "We see rise of oil imports in the Asia Pacific." "Air traffic is still low." "Countries outside of OPEC+ have boosted investments." "Next OPEC+ meeting is on January 4th." Market reaction Crude oil prices largely ignored these comments. As of writing, the barrel of West Texas Intermediate (WTI) was up 0.32% on a daily basis at $45.73. 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.
