Oil price at under $82 a barrel ahead of key meeting next week     

The Organisation of the Petroleum Exporting Countries, Russia and allies, together called Opec+, will meet on December 1-2 to set policy
Oil price at under $82 a barrel ahead of key meeting next week     

Opec+ has been adding 400,000 barrels per day of supply since August, unwinding record output cuts made last year when pandemic curbs slammed demand.

Oil prices slipped, as investors eyed how major producers respond to the US-led emergency oil release designed to cool the market and with Opec now expecting the release to swell inventories.

Brent crude futures slipped 34 cents, or 0.4%, to $81.91 a barrel, in thin trading on the US Thanksgiving holiday.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €120 €60

Best value

Monthly €10€5 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited