Saudi Arabia’s OPEC governor was out on the wires in the last minutes saying that they were not trying to push oil into the markets beyond the customers’ needs. Governor further added they didn’t want to see the market getting oversupplied and hurt the potential investment and future supply in the industry, as reported by Reuters. Earlier in the session, Saudis said that their July output would be similar to June figures and they would drop the output by 100K barrels per day in August. At the moment, the barrel of West Texas Intermediate is trading at $69.70, adding 1.05% on the day. 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 GBP/USD Forecast July 16-20 – Top-tier data after top-tier resignations Yohay Elam 5 years Saudi Arabia's OPEC governor was out on the wires in the last minutes saying that they were not trying to push oil into the markets beyond the customers' needs. Governor further added they didn't want to see the market getting oversupplied and hurt the potential investment and future supply in the industry, as reported by Reuters. Earlier in the session, Saudis said that their July output would be similar to June figures and they would drop the output by 100K barrels per day in August. At the moment, the barrel of West Texas Intermediate is trading at $69.70, adding 1.05%… 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.
