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2020 November 27   09:22

Oil prices decrease on uncertainty over OPEC+ deal

Oil prices fell by 0.13-1.88%

As of November 27 (08:27, Moscow time), Brent Crude futures for February delivery fell by 0.13% to $47.67 per barrel on the London-based ICE Futures Europe Exchange.

Light Sweet Crude (WTI) futures for January delivery on the New York Mercantile Exchange fell by 1.88% to $44.85 per barrel.

OPEC+ approved on April 12, 2020, new oil output cut by 9.7 million bpd in May-June, 7.7 million bpd in the second half and 5.8 million bpd by May 2022.

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