30 Nov, 23

Crude Prices March Upwards on OPEC Anticipation

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Brent crude oil continued to rise on Wednesday, gaining 1.6% as the market focuses squarely on the OPEC+ meeting scheduled for Thursday, with analysts increasingly anticipating additional output restrictions on some level from the cartel.  On Wednesday at 2:39 p.m. ET, Brent crude was trading at $82.99, up 1.60% for a $1.31 per barrel gain on the day. West Texas Intermediate (WTI) was trading at $77.70, up 1.69% for a $1.29 per barrel gain on the day.  The key drivers of rising oil prices have been media reports that OPEC+ was…

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