Montel Logo

    Velg ønsket språk:

  • * Tyrkisk utgave av Montel-Foreks krever separat prøvetilgang eller abonnement.


Technical maintenance

All Montel services are currently unavailable due to planned technical maintenance.

Oil edges down despite prospect of Opec+ cut extension


21 Nov 2023 07:29

21 Nov 2023 07:29

(Montel) Oil prices were edging down on Tuesday – after rising 2% yesterday on the prospect of a further extension of production cuts by cartel Opec+ – as global recession fears continued to weigh.

The front-month contract for Brent crude North Sea oil was last seen down USD 0.42 at USD 81.90/bbl, while the WTI equivalent was USD 0.43 lower at USD 77.40/bbl.

Crude prices had rebounded since Friday but economic concerns still persisted and their possible impact on demand, with the “potential of a major worldwide recession” uppermost, said Christopher Lewis of FX Empire.

“It looks like the market is going…

Share this article on:

URL copied!

English newswire snapshot

Montel bruker informasjonskapsler for å forbedre dette nettstedet. Ved å fortsette å bruke nettstedet vårt godtar du bruken av informasjonskapsler. Les mer om informasjonskapsler og vår personvernpolicy.