Futures Movers: Oil prices extend losses as investor unease grows amid OPEC+ speculation

This post was originally published on this site

Oil prices pushed lower on Thursday, as investors grew increasingly unsettled following a decision by the Organization of the Petroleum Exporting Countries and its allies to delay a much anticipated meeting by four days.

Price drivers

Market drivers

Oil prices tumbled briefly on Wednesday following reports of a delay to an OPEC+ meeting, originally expected this weekend, but which has now been pushed back to Nov. 30. Investors had been speculating ahead of the crucial gathering on whether OPEC+ would deepen…

Master your money.

Subscribe to MarketWatch.

Get this article and all of MarketWatch.

Access from any device. Anywhere. Anytime.


Subscribe Now