Oil prices fell today in a volatile session. OPEC+ producers unexpectedly announced they would delay the upcoming meeting on production cuts, raising questions about global crude supplies. The meeting was postponed from Nov. 26th to Nov 30th.  U.S. crude oil inventories rose by 8.7MM/bbls last week on higher imports. The U.S. dollar bounced back from a 2-1/2-month low after economic data showed lower unemployment claims. WTI traded down $.67 to close at $77.10. Brent traded down $.49 to close at $81.96.

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mars
  • Where: Renaissance Schaumburg Convention Center Hotel
  • Attending: Curtis Chandler (239.405.3365), David Cohen (954-729-4774), Cyndi Popov (403-402-5043)
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mars
  • Where: La Quinta Resort & Club, La Quinta, California
  • Attending: Curtis Chandler (239.405.3365)
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opis
  • Where: Charlotte Harbor, Florida
  • Attending: David Cohen (954-729-4774), Brian Baker (239)297-4519
  • Conference Website