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Oil is tumbling ahead of next week's OPEC meeting

Business Insider - 15 Jun 2018 17:10
Oil is tumbling ahead of next week's OPEC meeting AP Photo/Ronald Zak Oil was down more than 3% on Friday ahead of an OPEC meeting. The US has reportedly pressured the cartel to raise output. Watch oil trade in real time here. Oil fell Thursday a week ahead of an OPEC meeting where the cartel could reverse coordinated supply cuts that have propped up prices over the past two years. Brent, the international benchmark, was down 2.95% to $74.64 a barrel per 11 a.m. ET. WTI shed 3.04% to $64.96 a barrel.See the rest of the story at Business Insider...
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