9/25, 3:05 PM (Source: TeleTrader.com)
Organization of the Petroleum Exporting Countries (OPEC) and other major oil producers will discuss the oil output cut deal extension beyond March 2018, TASS reported, citing sources from the organization. According to the report, the OPEC and non-OPEC members are considering to prolong the existing production cap agreement for another three to six months.
"Yes, we are now thinking about how to proceed after March. It depends on figures. Some members want to extend the deal, others do not, and some want to increase quotas," the source stated. According to the person close to the matter, the decision will most likely be reached during the regular OPEC meeting set for November 30 in Vienna, Austria.
Meanwhile, the oil prices reversed the losses from earlier in the session. West Texas Intermediate for November delivery gained 1.09%, changing hands for $51.22 per barrel at 2:51 pm CET while the international benchmark Brent for settlements in the same month rose 1.23% to trade for $57.57 per barrel at the same time.
Source: TeleTrader Newsroom / VK
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Mal sehen ob wir den alten Wiederstand nachhaltig überwinden. Wäre sehr dafür und dann ein Pullback, damit sichs auch lohnt. |