Oil gives back gains, turns negative ...Middle East

Oil started the week strongly and was up $1.20 early in US trading.It's since given it all back and is now down $0.10 to $67.86. This would be the fifth consecutive day of declines for oil prices, which are at the lowest since November 18.The OPEC+ meeting originally scheduled for Sunday has been delayed to Dec 5 and there are some worries about tensions within the group, particularly from the UAE which has been investing in expanding production. There is talk they could extend curbs through Q1 but I suspect that's the minimum that the oil bulls need to hold support in the $65 range. This article was written by Adam Button at www.forexlive.com.

Hence then, the article about oil gives back gains turns negative was published today ( Monday 02/12/2024 - 08:24 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Oil gives back gains, turns negative )

Also on site :

• Sandra Bullock Seemingly Drops Hint That Olivia Rodrigo and Stevie Nicks Have Music in ‘Practical Magic 2’
• This Jersey Shore Gem Was Just Ranked No. 1 Hotel Restaurant in the Country—Here’s What It’s Really Like
• Rising Country Star Honors Dolly Parton at Opry Debut, Breaks Down After Standing Ovation: ‘I Need Just One Second’ (Exclusive)