oil

Oil Down, Ahead of Thursday’s OPEC+ Meeting

By Administrator_India Capital Sands Oil was down Tuesday morning in Asia, with all eyes on Thursday’s Organization of the Petroleum Exporting Countries and allies, or OPEC+, meeting to discuss output. Brent oil futures were down 0.63% to $62.88 by 9:55 PM ET (1:55 AM GMT). WTI Futures fell 1.30% to $59.85, slipping just below the $60 mark. The […]

oil

Oil prices hit 11-month high on Saudi cuts, shrugs off US political turmoil

By Administrator_India Capital Sands Oil prices settled higher on Thursday, hitting 11-month peaks, as markets remained focused on Saudi Arabia’s unexpected pledge to deepen its oil cuts and firmer equities, shrugging off political turmoil in the United States. Brent crude settled up 8 cents to $54.38 a barrel after touching $54.90, a high not seen since before […]