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There's nothing more important to currency, equity and commodity investors right now than the outlook for oil. At the start of North American trading session, Russia dangled the prospect of a production cut when they said Saudi Arabia proposed that each country cut production by 5%. The Energy Minister even told reporters that there were plans for a meeting between OPEC and non-OPEC countries. Shortly thereafter a senior Gulf OPEC delegate was quoted as saying that "the door is alwa…
There's nothing more important to currency, equity and commodity investors right now than the outlook for oil. At the start of North American trading session, Russia dangled the prospect of a production cut when they said Saudi Arabia proposed that each country cut production by 5%. The Energy Minister even told reporters that there were plans for a meeting between OPEC and non-OPEC countries. Shortly thereafter a senior Gulf OPEC delegate was quoted as saying that "the door is alwa…