The price of January WTI oil futures fluctuates below $75 per barrel, according to data from the New York Mercantile Exchange as of November 28 at 8:50 Moscow time.
The cost of a barrel of WTI oil for delivery in January 2024 during trading on the NYMEX exchange was $74.8 per barrel, 0.1% less than the closing level of the previous day. West Texas oil futures remained below $75 a barrel for the second day in a row, reaching levels seen on November 17.
The price of Brent oil futures with a closing date of January 2024 on the ICE Exchange in London is $79.8 per barrel, which corresponds to the closing level of the previous day.
The slowdown in the rate of decline in oil prices occurs before the OPEC+ meeting. Stock market speculators react to experts’ statements about the possibility of additional production cuts by the alliance countries.
Source: Rossa Primavera
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