Oil prices steady as markets in waiting mode
Prices were hit by higher oil stocks in the US and as Opec+ created uncertainty with a two-day delay to a meeting to decide whether to lift production
02 December 2020 - 13:41
London — Oil prices were steady on Wednesday as the market awaited a pact from producers on output and Britain became the first country to approve a Covid-19 vaccine for use, boosting hopes for a future recovery in oil demand.
Prices were hit by a surprise build in oil inventories in the US and as Opec and its allies created uncertainty with a two-day delay to a formal meeting to decide whether to increase production in January...
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