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New York: Oil retreats after first day of Opep + summit


New York, Monday, November 30, 2020 ((rezonodwes.com)) – Oil prices fell on Monday after the first day of a crucial meeting of the Organization of the Petroleum Exporting Countries (OPEC) and its partners, who must decide the future of their production quotas.

A barrel of Brent from the North Sea for delivery in January, which was the last day of listing, fell 1.22% to $ 47.59.

In New York, the US barrel of WTI for the same maturity yielded 0.4% to 45.34 dollars.

OPEC and its ten allies, united in OPEC +, have decided to postpone their discussions on their agreement to reduce production and resume their virtual summit on Tuesday.

source: Price per barrel

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