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OPEC's delay in deciding on the size of the production cut led to a drop in crude prices on Thursday

 Last Update: 2022-11-26
 Source: Internet
 Author: User

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According to Dow Jones on December 6, crude oil futures fell on Thursday as OPEC ended a key meeting but did not decide on the scale of production cuts, but postponed the decision
until Friday.

Light sweet crude futures for January delivery fell 2.
6 percent to $51.
49 a barrel on the New York Mercantile
Exchange.
At one point, it fell 5% to an intraday low of $
50.
08.

Brent crude futures, the global benchmark on the Intercontinental Exchange in London, fell 2.
4 percent to $
60.
06 a barrel.

According to Dow Jones on December 6, crude oil futures fell on Thursday as OPEC ended a key meeting but did not decide on the scale of production cuts, but postponed the decision
until Friday.

crude

Light sweet crude futures for January delivery fell 2.
6 percent to $51.
49 a barrel on the New York Mercantile
Exchange.
At one point, it fell 5% to an intraday low of $
50.
08.

Brent crude futures, the global benchmark on the Intercontinental Exchange in London, fell 2.
4 percent to $
60.
06 a barrel.

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