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Kazakhstan's energy minister: No final decision on joining deeper oil output cuts yet

Kazakhstan hasn't reached a final decision whether it will join deeper oil output cuts recommended by the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC's Joint Technical Committee (JTC), the country's energy minister said on Wednesday.

"We got proposals to cut oil production by 20,000 - 30,000 barrels per day," the minister added. "Oil exports to China are still suspended. We don't have any plans to resume oil exports to China for now."

WTI extends rally

Crude oil prices largely ignored these comments. As of writing, the barrel of West Texas Intermediate was trading at $51.05, up 2.25% on the day.

USD/JPY steadies around 110, eyes on Wall Street opening bell

The USD/JPY pair climbed to its highest level since January 21st at 110.14 during the early trading hours of the European session but struggled to pre
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USD/CAD Price Analysis: Slides to over 1-week lows, dip-buying might help limit losses

The USD/CAD pair continued losing ground through the mid-European session on Wednesday and dropped to over one-week lows in the last hour. Sustained w
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