Crude Lower Ahead of OPEC Meeting
Tweet
Share
E-mail
Crude is lower by almost $1 in early trade Wednesday. This is likely due to an apparent slowing global economy and a potential output increase by OPEC.
OPEC will be hosting a meeting in Vienna later today. Analysts see a quota increases of 1-1.5 million barrel per day.
Light, Sweet crude last traded down $0.93 to $99.16.
OPEC will be hosting a meeting in Vienna later today. Analysts see a quota increases of 1-1.5 million barrel per day.
Light, Sweet crude last traded down $0.93 to $99.16.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Oil's H2 track record: 60% win rate masks midterm-year drag
- CCC Intelligent Solutions, Circle rise premarket; Silo Pharma, Fermi America fall
- Crude Inventory Rose 3 Million Barrels Last Week - EIA
Create E-mail Alert Related Categories
CommoditiesRelated Entities
Crude Oil, OPECSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
