Reported about 6 hours ago
Oil prices remained relatively unchanged as trading volumes decreased ahead of the US Thanksgiving holiday, with attention focused on the upcoming OPEC+ meeting delayed to December 5. Currently, Brent crude is around $73 a barrel, while West Texas Intermediate is below $69. Analysts anticipate that OPEC+ will postpone production increases to address concerns about a potential oversupply next year. In addition, US crude inventories reported a drop of 1.8 million barrels last week, ending a three-week trend of increases.
Source: YAHOO