Russia’s OilMin: Will wait for OPEC decision before commenting on market stabilization

The Russian news agency, Interfax, reports comments from the Russian oil minister Novak, that he will wait for OPEC decision before commenting on market stabilization.

Nov 30, 2016

USD/CAD: Loonie fails to benefit from OPEC-led Oil rally

The US dollar suffers moderate losses against the Canadian dollar in the mid-European session, keeping USD/CAD within a striking distance of session t

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Nov 30, 2016

WTI retraces the bull run to $47.80 ahead of OPEC

Crude oil prices are now deflating from the earlier bull run to daily highs, prompting the barrel of West Texas Intermediate to slip back to the $47.0

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