Russian Deputy Prime Minister Alexander Novak said on Friday that OPEC+ producers will gradually restore the oil output in May and July, Reuters reported, citing Interfax news agency. “Russia’s energy ministry is ready to support export curbs on oil products to support the domestic market,” Novak added. Market reaction Crude oil prices edged modestly lower following these comments. As of writing, the barrel of West Texas Intermediate, which touched a four-week high of $63.85 earlier in the day, was trading flat on the day at $63.30. 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 WTI clings to daily gains, still below $64.00 FX Street 2 years Russian Deputy Prime Minister Alexander Novak said on Friday that OPEC+ producers will gradually restore the oil output in May and July, Reuters reported, citing Interfax news agency. "Russia's energy ministry is ready to support export curbs on oil products to support the domestic market," Novak added. Market reaction Crude oil prices edged modestly lower following these comments. As of writing, the barrel of West Texas Intermediate, which touched a four-week high of $63.85 earlier in the day, was trading flat on the day at $63.30. 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.
