Russian OilMin Novak: Will define position on extension of oil output cut by May 24 - Reuters

Russia's energy minister Novak crossed the wires, via Reuters, stating that they would define their position on the extension of oil output cut by May 24.

AUD/USD drifts back closer to yesterday’s 3-1/2 month lows

The AUD/USD pair failed to build on early recovery move and has now slipped into negative territory for the fourth consecutive session. Spot ran thro
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WTI gains traction above $49.00, Baker Hughes eyed

After testing highs near $49.80, prices for the barrel of West Texas Intermediate have now returned to the $49.35/30 band. WTI up on OPEC rumours, oi
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