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OPEC news

 

Oil calms before the storm

Oil prices are largely stable on Wednesday as the market avoids leaning heavily on positive vaccine news, waiting for the next day’s crucial OPEC+ meeting instead.

 
 
 

Oil falls on OPEC+ decision uncertainty

Oil prices declined on Monday as OPEC+ does not appear to have a clear consensus yet on extending its current production levels, contrary to what the market has already priced in.

 
 

Oil rises on unstable ground

Oil rose on Wednesday on vaccine and OPEC+ hopes, but the ground may be too shaky to support such gains.