Breaking News: Saudi Energy Min Al-Falih, "as of now There's no Agreement" - Forex News by FX Leaders

Breaking News: Saudi Energy Min Al-Falih, “as of now There’s no Agreement”

Posted Thursday, December 6, 2018 by
Arslan Butt • 1 min read

Fellas, WTI crude oil has started falling below $52 as Saudi Arabia doesn’t seem to be willing to cut the supplies.


Saudi Energy Min Al-Falih says:

  • As Of Now There Is No Agreement
  • Do Not Want To Shock Market
  • Looking To Balance Oil Market
  • If Everyone Not Willing To Cut Now, We Will Wait Until They Are
  • 1 Million  BPD For OPEC+ Cut Would Be Enough

Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies

About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
Related Articles

Leave a Reply

Notify of