Oil Slips as OPEC+ Prepares to Discuss Deeper Output Cuts
Oil Slips as OPEC+ Prepares to Discuss Deeper Output Cuts 3TOKYO (Reuters) – Oil prices fell in muted trading ahead of OPEC talks in Vienna later on Thursday, trimming some of the sharp gains made the previous session on both the possibility of producers agreeing further output cuts and a sharp drop in U.S. crude inventories. Brent crude futures dipped 10 cents, or 0.2%, to $62.90 a barrel by 0547 GMT.
News story posted on 2019-12-05T08:45:00.0000000Z