• OPEC and Russia are committed to stabilize oil prices - Forexlive

Market news

24 October 2016

OPEC and Russia are committed to stabilize oil prices - Forexlive

  • There are signs the rebalancing of fundamentals are under way

  • Demand is at healthy levels but overhang remains a major concern

  • Decision in Algiers helped to calm volatility in oil markets

  • It is essential that OPEC and non-OPEC countries address overcapacity

  • Russia is crucial in addressing energy challenges

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