Iraqi OilMin: Oil market will be stabilized by 9-month extension

Reuters reports the following comments from the Iraqi and Iranian oil minister, speaking live at the OPEC meeting:

From Iraq’s OilMin: Oil market will be stabilized by 9-month extension

Iranian OilMin: No objection to 12-month cuts

May 25, 2017

EUR/JPY bulls in full control, eyeing a break through one-year highs

The EUR/JPY cross finally seems to have broken out of two-day old consolidation phase and jumped back to one-year high near 125.80 region. The lates

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May 25, 2017

Oil sees a flash crash as OPEC seems ready to extend cuts for 9 months

Oil prices on both sides of the Atlantic witnessed a sharp downward spike, following comments from oil ministers of leading OPEC producers, suggesting

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