Crude Oil Prices Rise on Falling Stockpiles, OPEC+ May Rein Output

Crude Oil Prices Rise on Falling Stockpiles, OPEC+ May Rein Output

November 04, 2020 at 07:00AM

WTI crude oil prices climbed for a third day on falling API inventory data and pro-Trump election forecasts. Russia and OPEC+ are in talks to extend output cuts by 3 months to shore up prices.

From: Margaret Yang, CFA
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November 04, 2020 at 07:00AM

WTI crude oil prices climbed for a third day on falling API inventory data and pro-Trump election forecasts. Russia and OPEC+ are in talks to extend output cuts by 3 months to shore up prices.

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