Oil approaches the weekend in the red

Oil prices retreated yesterday as investors continue to assess the impact of Wednesday’s OPEC + meeting against the backdrop of the Covid-19 surge in Europe. Thus, a barrel of Brent from the North Sea for delivery in October was worth 44.57 dollars in London, down 0.73% from Thursday’s close. In New York, WTI’s US barrel for the month of October, which is the first day of use as a benchmark contract, lost 0.75% to $ 42.50. During their monthly meeting to monitor the OPEC (Organization of Petroleum Exporting Countries) and non-OPEC, or OPEC + agreement, the ministers particularly insisted on the importance of strict compliance with these commitments in order to rebalance the oil market. black gold hit by the Covid-19.

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Oil prices retreated yesterday as investors continue to assess the impact of Wednesday’s OPEC + meeting against the backdrop of the Covid-19 surge in Europe. Thus, a barrel of Brent from the North Sea for delivery in October was worth 44.57 dollars in London, down 0.73% from Thursday’s close. In New York, WTI’s US barrel for the month …

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