The Russian Prime Minister Novak announced that Russia would limit oil production by 500,000 barrels a day in March as a response to embargo and price caps imposed on the Russian federations. Oil prices moved higher on the news.
Source: xStation5
Daily summary: Markets Show Slight Optimism Despite the U.S. Shutdown
Silver up 4% on hopes of shutdown ending
Oil drops by over 1% 🛢️📉
Oil falls on monthly OPEC report⛽📉