Russia will participate in the OPEC+ meeting on April 9 - Interfax

Dhwani Mehta FXStreet

Citing confirmation by a Russian energy ministry representative, Interfax (IFX) reports that Moscow confirms that it will participate in the OPEC and non-OPEC producers (OPEC+) meeting scheduled on April 9.

Meanwhile, Kuwait informs buyers it will postpone the announcement of its May official selling prices (OSP) by a few days beyond April 10 due to the OPEC+ meeting.

Oil consolidates the rally

Both crude benchmarks are seen holding higher by nearly 3% on Tuesday, with WTI ranging around 27 mark while Brent trading just below the 34 handle.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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