Oil on the Up: “Oil has gapped higher at the start of the week on the news that Saudi has signalle

FxPro Mon, 12/12/2016 - 07:43

Oil on the Up: “Oil has gapped higher at the start of the week on the news that Saudi has signalled more cuts in production to come, whilst non-OPEC producers have pledged to cut production in the coming year. This comes on the back of the OPEC deal agreed at the end of last month and has propelled the front Brent contract jump above the USD 55 pb level, to just below the USD 57 pb level.”



Read more in today’s FxPro Daily Outlook
http://blog.fxpro.co.uk/daily-forex-outlook/12122016-oil-on-the-up/?utm_...

Oil on the Up: “Oil has gapped higher at the start of the week on the news that Saudi has signalle

Oil on the up | 12.12.2016 | Daily Forex Outlook | FxPro Blog for forex traders

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