Oil prices were steady on Friday in quiet trade with the U.S. Thanksgiving holid...
TOKYO - Oil prices were steady on Friday in quiet trade with the U.S. Thanksgiving holiday underway, while investors awaited a meeting of OPEC and its allies next week that may result in the extension of a production cut agreement to support the market.
Next week’s meeting of the Organization of the Petroleum Exporting Countries and allies including Russia, a group known as OPEC+, is high on investors’ list of things to watch. The group has been withholding output to support prices and analysts expect the agreement to be extended as U.S. production keeps hitting records.
Still, “risk-neutral is an excellent spot to be ahead of the weekend as there is a ton of headline risk that could upset the apple cart,” Innes said.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Russia to press OPEC+ to change its oil output calculationsRussia is likely to call on fellow oil producers to change the way Moscow's...
Leer más »
Opinion | Giving thanks on Thanksgiving should mean keeping promises to Native AmericansLet's dedicate this holiday to understanding and responding to the injustices against the original inhabitants of this land which stain our conscience.
Leer más »
Thanksgiving Songs: Music About Food, Giving Thanks, and the HolidayWe rounded up the best songs about food, giving thanks and the holiday to celebrate Thanksgiving!
Leer más »
Oil eases on growing U.S. stockpiles; U.S.-China trade deal hopes check lossesOil slipped on Wednesday after an industry report showed a surprise build-up in ...
Leer más »
Oil slips as U.S. stocks rise, but hopes for U.S.-China trade deal stem lossesOil eased on Wednesday following an industry report showing a surprise build in ...
Leer más »
Oil dips after U.S. stock build; U.S.-China deal hopes supportOil fell on Wednesday after an industry report showed an unexpected build in U.S...
Leer más »