Oil inches higher ahead of producer meeting
Oil prices head for a sixth weekly rise ahead of Opec output talks
05 June 2020 - 07:35
Seoul — Oil prices nudged higher on Friday as traders await cues from a meeting that could take place as soon as this weekend where major oil producers will discuss whether to extend record production cuts.
Brent crude futures were up 20c, or 0.5%, at $40.19 a barrel at 4.19am GMT, while US West Texas Intermediate (WTI) crude futures were up 8c, or 0.2%, to $37.49 a barrel...
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