Oil prices rose today as Saudi Arabia is reportedly pushing for a production cut of an additional 1MM/bpd. Investors have focused their attention on tomorrows OPEC meeting on expectations of fresh supply cuts. “All eyes are on the Nov. 30 OPEC meeting, and the fine details will matter,” CFRA analyst Stewart Glickman said. The EIA reported a surprise build in crude, distillate, and gasoline inventories. WTI traded up $1.45 or 1.9% to close at $77.86. Brent traded up $1.42 or 1.7% to close at $83.10.

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  • Attending: Curtis Chandler (239.405.3365), David Cohen (954-729-4774), Cyndi Popov (403-402-5043)
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  • Where: La Quinta Resort & Club, La Quinta, California
  • Attending: Curtis Chandler (239.405.3365)
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  • Attending: David Cohen (954-729-4774), Brian Baker (239)297-4519
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