1/30, 3:13 PM (Source: TeleTrader)
more TeleTrader news

Oil prices decline with OPEC+ meeting ahead

Prices of oil futures were down on Monday in anticipation of the next meeting between the Organization of the Petroleum Exporting Countries (OPEC) and its Russia-led partners due on February 1. In addition, the global oil market could also be affected by monetary policy moves that major central banks in the West will reveal later this week.

West Texas Intermediate (WTI) for settlements in March was down 2.06% to $78.05 per barrel at 9:02 am ET, while Brent for deliveries in the same month decreased by 1.88% to $85.03 per barrel at the same time.

Baha Breaking News (BBN) / MS