Brent: OPEC keeps production unchanged

Forex analytics: Current trendOPEC has decided to leave crude oil production unchanged at 31.5 million barrels per day. Though this decision was an expected one, the price of Brent crude oil has declined by about $1.5 per barrel since Friday.Oversupply of the oil market continues pushing the price down. Moreover, the other factors of pressure are geopolitical tensions, China’s and global economic slowdown ...