Pinterest • The world’s catalogue of ideas

Reuters: Oil prices fall as Russia says will not attend OPEC meeting. Oil prices fell over 1 percent on Tuesday on market jitters over whether producer cartel OPEC would be able to hammer out a meaningful output cut during a meeting on Wednesday, aimed at reining in a global supply overhang and propping up prices, according to Reuters. Brent crude futures were trading at $47.69 per barrel. U.S. West Texas Intermediate crude futures were down 51 cents, at $46.58 a barrel. 2016-11-29

Oil prices attracted buying interest after OPEC members reached an agreement to cut oil production by 1.2mbpd. WTI is currently trading at $49.16.

from Foursquare

Indore - इंदौर

Oil prices hit highest since October on hopes of OPEC-led output cut -Nov 22, 2016 :->U.S. West Texas Intermediate (WTI) crude futures were up 69 cents, or 1.4 percent, at $48.93 a barrel.

Crude Oil Price, Oil, Energy, Petroleum, Oil Price, WTI & Brent Oil, Oil Price Charts and Oil Price Forecast

Crude Oil Price, Oil, Energy, Petroleum, Oil Price, WTI & Brent Oil, Oil Price Charts and Oil Price Forecast

Oil prices steady ahead of election, but oversupply still weighs - Nov 8, 2016 :->US West Texas Intermediate (WTI) crude futures were down 1 cent at USD 44.88 per barrel at 0038 GMT. The contract had gained almost 1.9 percent the previous session on polls putting Clinton ahead of her Republican competitor Donald Trump for Tuesday's election.

1

Oil prices fall as strong dollar wipes out OPEC cut optimism:: Oil prices fell on Friday as a strengthening U.S. dollar beat back renewed hope that OPEC might finally agree production cuts. Brent crude oil futures (LCOc1) fell 32 cents, or 0.69 percent, to $46.17 per barrel by 0751 GMT. U.S. West Texas Intermediate (WTI) crude oil futures (CLc1) were down 47 cents, or 1.06 percent, at $44.95 a barrel.

The 2016 WTI Crude Oil Price Chart Shows the Impact of Geopolitics.

Oil Prices WTI 2016-11-14