Oil slips on uncertainty around Opec+ talks
Brent tumbles, but vaccine hopes provide support and keep benchmarks on track for more than 20% rise in November
30 November 2020 - 12:59
London — Oil prices tumbled on Monday on uncertainty about whether Opec+ would agree to extend large output cuts at talks this week, but vaccine hopes still kept benchmark crudes on track to rise more than a fifth in November.
Brent crude for January delivery, a contract that expires on Monday, dropped 90c, or 1.9%, to $47.28 a barrel by 9.44am GMT. The more actively traded February Brent contract was down 89c at $47.36...
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