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MarketScreener Homepage  >  Commodities  >  World (autre bourse)  >  NYMEX Henry-hub gas       

NYMEX HENRY-HUB GAS

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Oil Ends Slightly Lower Ahead of OPEC -- Market Talk

11/27/2020 | 02:39pm EST

14:23 ET - US benchmark oil prices end the session a slight, 0.4% lower at $45.53 a barrel, bringing to an end a four-session price rally as investors hesitate as they try to gauge what OPEC and Russia might decide at a meeting next week regarding soon-to-expire emergency production cuts. Analysts generally expect the group will extend cuts into the first few months of 2021, but given WTI crude's 27% price surge since Nov. 1, the analysts are no longer certain of such an outcome. Despite today's price-slippage, WTI ends the week about 9% higher, marking a fourth straight weekly increase. (dan.molinski@wsj.com)

(END) Dow Jones Newswires

11-27-20 1438ET

Stocks mentioned in the article
ChangeLast1st jan.
LONDON BRENT OIL 0.48% 56.28 Delayed Quote.7.08%
US DOLLAR / RUSSIAN ROUBLE (USD/RUB) -0.13% 75.09034 Delayed Quote.2.19%
WTI 0.61% 53.172 Delayed Quote.8.49%
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