Source: Russian oil output has been at record high so far in December - Reuters

Reuters quoted an unnamed source earlier today, citing that the Russian oil output has been at record high of 11.42mln bpd so far in December.

It’s worth noting that Russia produced 11.42 mil bpd for the entire month in October and the output stood at 11.37 mil bpd in November.

USD/CAD in search of a firm direction, stuck in a range below 1.3400 handle

   •  The USD bulls held on the defensive amid uncertainty over the Fed’s policy outlook.    •  Subdued oil price action does little to influence Loo
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