Oil Down, but Near 2018 Highs as Investors Await OPEC+ Meeting By Investing.com – Investing.com

Oil Down, but Near 2018 Highs as Investors Await OPEC+ Meeting By Investing.com – Investing.com

By Gina Lee

Investing.com – Oil was down Monday morning in Asia after climbing to levels last seen in October 2018. Negotiations between the U.S. and Iran on reviving a nuclear deal are set to continue, while the Organization of the Petroleum Exporting Countries and allies (OPEC+) will later in the week.

were down 0.23% to $75.21 by 11:45 PM ET (3:45 AM GMT), rolling over to the Sep. 21 contract on Jun. 27, 2021, to the Sep 21 contract. inched down 0.08% to $73.99.