Futures Movers: Oil prices extend losses as investor unease grows amid OPEC+ speculation

Daily Trade

Oil prices pushed lower on Thursday, as investors grew increasingly unsettled following a decision by the Organization of the Petroleum Exporting Countries and its allies to delay a much anticipated meeting by four days.

Price drivers

Market drivers

Oil prices tumbled briefly on Wednesday following reports of a delay to an OPEC+ meeting, originally expected this weekend, but which has now been pushed back to Nov. 30. Investors had been speculating ahead of the crucial gathering on whether OPEC+ would deepen…

Master your money.

Subscribe to MarketWatch.

Get this article and all of MarketWatch.

Access from any device. Anywhere. Anytime.


Subscribe Now

Articles You May Like

Nvidia (NVDA) Stock Earnings: What Should Investors Watch For?
New Top 5 Sectors | Stock Market Analysis | (RTN) (OSK) (HXL) (STP) (SWX)
ZM (Zoom) – Bullish Diagonal Spread [Options Strategy]
Is the D-Wave Quantum Stock Run Over?
The Best Energy ETF Now?