Russian energy minister turns oil around
From news.forexlive.com
Inventories higher but comments from Energy minister Novak turn the price around Comments include: • big chances of for OPEC to agree • scenarios to reach oil market balance in shorter time. • Possibility of meeting with Saudi Arabias Al Falih • We agree on an output freeze • Russia will support OPEC decision The price of oil moved up from about $45.00 to near $46.50 on the headlines.
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