Oil prices were higher today ahead of tomorrow’s OPEC+ meeting. “Energy traders are growing confident that OPEC+ will resist calls for increasing their output,” said Edward Moya, senior market analyst at data and analytics firm OANDA. The US is imposing sanctions on oil firms it says helped sell tens of millions of dollars of Iranian crude and products to East Asia, including Chinese companies. Meanwhile, a deal with Iran is further away as the head of the UN nuclear watchdog said “good words” are not enough. WTI traded up $.53 or .6% to close at $94.42. Brent traded up $.51 or .5% to close at $100.54.

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