OPEC+ said to be considering return to phased monthly oil production increases – ForexLive

But the bloc is also considering maintaining current production cuts as well

This isn’t too different from the earlier story here but it reaffirms that there are still a bit of two-way risks going into the meeting today. The past half-hour has seen oil pare most of its earlier gains as WTI falls from $60.10 to hold just above $59 for now.

Invest in yourself. See our forex education hub.

Leave a Reply

Your email address will not be published. Required fields are marked *