US EditionOil prices slip ahead of OPEC+ meeting amid supply concerns
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.4 Articles
4 Articles
Oil prices fell on Friday, reflecting market concerns on the eve of a crucial OPEC+ meeting scheduled for Sunday, 7 September. Investors fear a possible increase in production that could exacerbate an already marked imbalance between supply and demand. The Brent barrel of the North Sea for delivery in November lost 2.22% to reach $65.50, according to the Baril's special site Price. West Texas Intermediate (WTI), the American benchmark for delive…
Oil prices slip ahead of OPEC+ meeting amid supply concerns
Oil prices slipped in early trading on Friday, extending losses for the third consecutive session, as global investors awaited the outcome of an OPEC+ meeting scheduled for this weekend. The gathering is expected to review the possibility of further production increases, adding uncertainty to market sentiment. At the start of trading, Brent crude futures dropped by 23 cents (0.3%), trading at $66.77 per barrel, while U.S. West Texas Intermediate…
Oil fell on Friday to close the week down, after employment data in the United States tarnished the prospects for energy demand, while rising supply could continue to grow after the OPEC meeting and allied producers over the weekend.Reuters reported Wednesday that the eight OPEC+ members will consider further increasing production at a meeting on Sunday.U.S. crude inventories increased by 2.4 million barrels last week, instead of falling as anal…
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
