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.
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