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Oil markets little changed near 28-month highs

Reuters  |  NEW YORK 

By Scott DiSavinoNEW YORK (Reuters) - Crude oil were little changed on Friday as expectations OPEC and other producers will extend their production cut agreement were offset by forecasts U.S. output will continue to grow with prices holding near 28-month highs.Brent futures were up 13 cents, or 0.2 percent, at $64.06 a barrel by 11:13 a.m. EST (1613 GMT), while U.S. West Texas Intermediate crude was down 1 cent at $57.16 per barrel.Earlier in the week, Brent rose to $64.65 a barrel, its highest since June 2015, and WTI rose to $57.92, its highest since July 2015.Both contracts were on track ...

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First Published: Fri, November 10 2017. 21:59 IST
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