Oil prices inched up but held near a one-week low on Monday ahead of a joint OPEC and non-OPEC meeting later in the day that may address rising output in Nigeria and Libya. London Brent crude for September delivery was up 12 cents at $48.18 a barrel by 0651 GMT. The contract settled down $1.24, […]
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Oil prices were little changed on Friday ahead of a key meeting of major oil producing nations next week, sitting below the $50 per barrel level that was briefly breached for the first time in 6 weeks in the previous session. International benchmark Brent crude futures were down just 1 cent at $49.29 per barrel […]
Read More Oil markets were unstable early today Wednesday ahead of an OPEC meeting later in the day, with members of the producer cartel trying to thrash out an output cut to curb oversupply that has seen prices more than halve since 2014. U.S. West Texas Intermediate (WTI) crude futures were at $45.38 a barrel at 0019 GMT, […]
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