Oil Supported by OPEC Announcement, Equities Weighed Down by Banks

Energy prices extended gains as the market was still thrilled by OPEC's announcement to cut/ freeze production. This was despite the whole lot of uncertainties regarding the implementation mechanism and the ramp up of output by Iran, Libya and Nigeria.

from Oil N' Gold Focus http://www.oilngold.com/ong-focus/insights/oil-supported-by-opec-announcement-equities-weighed-down-by-banks-2016093033641/