You are here: Home » Reuters » News
Business Standard

Oil dips amid stock market slide, traders await OPEC meeting

Reuters  |  SINGAPORE 

By Henning GloysteinSINGAPORE (Reuters) - Oil prices dipped on Thursday as stock markets slid and as traders eyed an OPEC meeting expected to result in a supply cut aimed at draining a glut that has pulled down crude by 30 percent since October.International Brent crude oil futures were at $61.35 per barrel at 0747 GMT, down 21 cents, or 0.3 percent from their last close.U.S. West Texas Intermediate (WTI) crude futures were at $53.17 per barrel, down 28 cents, or 0.5 percent.The Organisation of the Petroleum Exporting Countries (OPEC) is meeting at its headquarters in Vienna, Austria, on ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Thu, December 06 2018. 13:26 IST
RECOMMENDED FOR YOU