​​Tomorrow, OPEC and its allies will announce its decision on | fbsonlinetrading

​​Tomorrow, OPEC and its allies will announce its decision on further oil output cuts!

The whole market has been waiting for this event. The alliance is expected to return 500,000 barrels per day into the market. If it comes true, oil will plunge. However, Saudi Arabia may prolong its voluntary cuts of 1 million BPD to the end of March, which can offset the negative effect and support oil prices.

Note that oil is traded by same rules as currency pairs, thus FBS traders can make both buy and sell trades.

Follow the release and keep an eye on WTI-21J and BRN-21K!

Trade now
https://bit.ly/34B2MEn