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Qatari OilMin: Extending OPEC agreement would help stabilize oil market

Mohammed Saleh Abdulla Al Sada, the minister of energy and industry of Qatar, recently crossed the wires and said that OPEC needed more time to reduce crude inventories towards the five-year average and further added that extending the output cut agreement would help stabilize the market. Earlier in the session, Venezuela's oil minister Eulogio Del Pino argued that the market had found balance.

US Dollar plummets to fresh weekly lows below 93.40 ahead of FOMC minutes

After staying confined in a tight range below the 94 mark, the US Dollar Index, which tracks the greenback against a basket of six trade-weighted peer
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FOMC minutes: Participants felt an interest rate increase was warranted in near-term

The minutes from the November Federal Reserve’s monetary policy meeting have been published, revealing that many participants felt an interest rate in
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