EU's Dombrovskis: Ministers put forth proposals on further Russian sanctions ...Middle East

G7 ministers put forth proposals on next package of EU sanctions on Russia oil price cap adjustmentsThere was a suggestion to lower oil price cap to $50/barrelG7 did not go into in-depth discussion on Russian sanctions

WTI crude is 71-cents lower today after an earlier report saying that OPEC will accelerate the return of barrels once again next month.

This article was written by Adam Button at www.forexlive.com.

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