DECEMBER 04,2019

Waiting for OPEC meeting result and oil closed up slightly

2019-12-04 15:55

It is expected that the upcoming OPEC + meeting will support further production reduction, and international crude oil will continue to rise on Tuesday (December 3). The settlement price of West Texas light oil futures on the New York Mercantile Exchange in January 2020 will be $56.1 per barrel, up $0.14 or 0.3% from the previous trading day, with a trading range of $55.35-56.8. Brent crude oil on the London Intercontinental Exchange in February 2020 Futures settled at $60.82 a barrel, down $0.10 or 0.2% from the previous day, with a trading range of $60.3-61.58.

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