Oil (current news)
Oil prices remain positive at the beginning of the European session. The expectation that the OPEC + pact will be extended until the end of 2018 is the main support for oil quotes. November 30 will be the next OPEC summit in Vienna, where the fate of the OPEC + pact is likely to be decided. Today, the market will expect data on the number of drilling rigs in the US. As a change in their numbers will speak about the strength of oil production in the States.
- At the moment, WTI crude oil is trading at $ 54.84, adding about + 0.55% to the price.
- Brent crude oil is trading around $ 60.87, adding about + 0.42% to the price.
Alexander Sivtsov