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Oil prices drop on the eve of OPEC meeting

November 30, 2016 by Staff News Writer

Oil prices fell yesterday after the conclusion of the European trade, in the eve of OPEC’s meeting in search of an agreement to limit production and boost prices.

The North Sea Brent barrel for January delivery traded at $ 46.61 at London’s Intercontinental Exchange (ICE), dropped $ 1.63 on Monday.

In the New York Mercantile Exchange (Nymex), the light sweet crude (WTI) barrel for the same date was losing $ 1.64, reaching $ 45.44.

crhoy.com

Related articles:

  1. Oil prices are increasing because oil reserves decreased in America
  2. Oil falls due to excess production and dollar strength
  3. Oil price dropped to its lowest level in a month
  4. Oil continues to rise but doesn’t reach $50
  5. Hallelujah! Fuel Prices will drop
  6. Oil on the rise: approaching $50 a barrel

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