Oil prices steady as markets await OPEC+ meeting outcome

  • Date: 20-Nov-2020
  • Source: Gulf Today
  • Sector:Oil & Gas
  • Country:Gulf
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Oil prices steady as markets await OPEC+ meeting outcome

Picture used for illustrative purpose. File

Gulf Today Report

Oil prices remain the same, rising for a third consecutive week due to hope that OPEC+ would delay the increase in output.

Brent crude futures were up 5 cents, or 0.1% to $44.25 a barrel at 0505 GMT. The more active US West Texas Intermediate (WTI) crude contract remained unchanged at $41.90 a barrel. 

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