Reported 9 days ago
Oil prices showed little change as traders await the OPEC+ meeting, with Brent crude futures dipping slightly to $71.74 and U.S. West Texas Intermediate at $67.96. OPEC+ is expected to extend output cuts until the end of Q1 2025 amid concerns over supply surplus and fluctuating demand, particularly from China. Investor sentiment is cautious ahead of potential Federal Reserve actions on interest rates.
Source: YAHOO