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Oil prices mixed amid accusations of breaches to Israel-Hezbollah ceasefire
Oil prices were mixed on Friday following a potential renewal of supply risk as Israel and Hezbollah traded accusations of ceasefire violations, and as a delay to an OPEC+ meeting left investors awaiting a decision on its output policy. Brent crude futures fell by 7 cents, or 0.1 per cent, to $73.21 a barrel by 0232 GMT. U.S. West Texas Intermediate crude futures were at $69.10, up 38 cents, or 0.55 per cent, compared to Wednesday's closing price. Trading remained thin due to the Thanksgiving holiday on Thursday that shut U.S. financial markets. Israel and Lebanese armed group Hezbollah traded accusations on Thursday ... (full story)
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- Posted: Nov 28, 2024 10:22pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 81
