Today.Az » Business » Oil prices rise ahead of OPEC+ meeting
02 October 2021 [13:11] - Today.Az
By Trend Oil prices rose on Friday as traders await a key meeting by the Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, Trend reports citing Xinhua. The West Texas Intermediate for November delivery added 85 cents to settle at 75.88 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for December delivery increased 97 cents to close at 79.28 dollars a barrel on the London ICE Futures Exchange. OPEC+ is expected to meet on Monday, discussing its plan on crude production. The group is gradually easing record output cuts made last year.
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