The Traderszone Network

Published in TZ Latest News 30 November, 2015 by The TZ Newswire Staff

U.S. crude oil prices remain weak ahead of OPEC meeting

U.S. crude was trading at $41.68 per barrel at 0000 GMT on Tuesday, virtually flat from its last settlement and down more than 10 percent since the start of November. “The focus for markets this week will be the 168th OPEC Conference on Friday and U.S. crude oil inventories. The market will now be expecting crude oil stocks to decline through to the end of the year, in line with seasonal patterns.