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Trading news
3 Feb 2016
OPEC meeting “will be soon” – Oman
FXStreet (Mumbai) - Oman’s foreign minister was on the wires stating the OPEC meeting could be held soon.
Statements of such kind have repeatedly hit the wires since last two weeks, however, each time OPEC delegates and more importantly Saudi Arabia has rejected the possibility.
Meanwhile, Iran is targeting 2.3 million barrels of exports next year. This is significantly higher than what markets were expecting earlier.
Statements of such kind have repeatedly hit the wires since last two weeks, however, each time OPEC delegates and more importantly Saudi Arabia has rejected the possibility.
Meanwhile, Iran is targeting 2.3 million barrels of exports next year. This is significantly higher than what markets were expecting earlier.