Oil prices cut losses as talk of a potential output reduction grows
Oil prices significantly pared earlier losses on Friday, as speculation has grown over a potential production cut by major oil producers ahead of next week’s final meeting of the year for the Organization of the Petroleum Exporting Countries.
Trading action was held in check ahead of weekend meetings of the Group of 20 in Argentina, where oil talks are expected take place on the sidelines, ahead of official talks on Dec. 6 between OPEC and its allies.
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https://www.marketwatch.com/story/oil-sl...ewer_click
Oil prices significantly pared earlier losses on Friday, as speculation has grown over a potential production cut by major oil producers ahead of next week’s final meeting of the year for the Organization of the Petroleum Exporting Countries.
Trading action was held in check ahead of weekend meetings of the Group of 20 in Argentina, where oil talks are expected take place on the sidelines, ahead of official talks on Dec. 6 between OPEC and its allies.
...
https://www.marketwatch.com/story/oil-sl...ewer_click
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