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Russia's Novak: OPEC+ may sign new long-term deal in December - TASS

The Russian news agency, TASS, cites Russia’s Energy Minister Alexander Novak, as saying that the OPEC and its allies (OPEC +) may sign a new long-term cooperation deal at the beginning of December. Novak, however, did not provide any details on the same.

Earlier today, Novak said that OPEC + can keep output quotas in place even after 2018, according to Reuters.

AUD/USD bounces off 2-1/2 year lows, turns higher for the second straight session

   •  Quickly reverses a dip to sub-0.7100 level after mixed NAB monthly survey results.    •  Softer USD tone helps ease the bearish pressure and re
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Italy’s Moavero: Italy unlikely to clash with the EU over budget - Reuters

Reuters is out with the latest comment delivered by the Italian Foreign Affairs Minister, Enzo Moavero, noting that he doesn’t expect the country to c
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