Oil slides to 5-week low ahead of OPEC meeting
Oil slides to 5-week low ahead of OPEC meeting
SINGAPORE (Reuters) – Oil prices retreated from an early spurt on Monday to slump to a 5-week low below $88 a barrel ahead of an OPEC meeting this week. By 1110 GMT U.S. light, sweet crude for January delivery was down $1.04 at $87.67 a barrel, near an
Source: c.moreover.com
Oil Slides to 5-Week Low Ahead of OPEC Meeting
Oil prices retreated from an early spurt on Monday to slump to a 5-week low below $88 a barrel ahead of an OPEC meeting this week. U.S. light, sweet crude for January delivery was down, near an intraday low of $87.47, its weakest since October 25. London
Source: c.moreover.com
About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.
Most Popular Content
- Copper Finds Its Footing as Market Sentiment Improves
- S&P 500 Grinds Higher as Rate Cut Hopes Simmer
- Bitcoin Holds Near $120K as 401(k) Buzz Meets Inflation Jitters
- Pound Climbs on BoE Cut and Dovish Signals
- Gold Soars on Tariff Shock as Copper Holds Steady
- Markets Wobble After Highs as Fed Holds Steady and Earnings Send Mixed Signals
- Copper Prices Drift in the Wake of a Surprise Tariff Shock
- Gold Prices Retreat from Highs Amid Easing Geopolitical Tensions
Currency Articles - Aug 13, 2025 1:07 - 0 Comments
Bitcoin Holds Near $120K as 401(k) Buzz Meets Inflation Jitters
More In Currency Articles
Gold and Oil News - Aug 9, 2025 6:33 - 0 Comments
Gold Soars on Tariff Shock as Copper Holds Steady
More In Gold and Oil News
- Copper Prices Drift in the Wake of a Surprise Tariff Shock
- Gold Prices Retreat from Highs Amid Easing Geopolitical Tensions