FXStreet (Edinburgh) – According to non-gulf OPEC delegates, ministers of the oil cartel keep regular consultations regarding the oil market, although nothing has come out yet regarding the likeliness of an emergency meeting.
At the time of writing, the barrel of West Texas Intermediate is trading in the mid-$31.00s, while the Brent crude is just above the $32.00 mark.
(Market News Provided by FXstreet)