OPEC raises output ceiling to 31.5 million bps - media reports

FXStreet (Córdoba) - After initial contrasting reports from media, newswires now appear to agree that OPEC have set their output ceiling at 31.5 million barrels per day, excluding Indonesia.

Previous ceiling was at 30 million barrels per day.

Gold resilient to rising USD and Treasury yields

Gold, as a hard currency, remains relatively resilient in the face of rising USD and treasury yields following an upbeat NFP report.
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Oil turns negative as OPEC lifts output ceiling

Oil prices fell into losses at both the sides of the Atlantic after the OPEC members kept the production levels unchanged as expected.
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