Energy
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Oil Prices Move Little

Oil Prices Move Little Oil Prices Move Little

Oil markets moved sideways in cautious trading early on Friday ahead of an OPEC decision likely to keep the market oversupplied and setting aside warnings of a second lurch lower in prices as some members like Iraq and Iran look to ramp up exports. Front-month Brent futures were trading at $62.08 per barrel at 0049 GMT on Friday, five cents above its previous settlement, while U.S. crude futures dipped 5 cents to $57.95.

 

Financialtribune.com