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ICBC Global Market: Crude Oil Market Update - November 28, 2018
 
On Tuesday (November 27), the oil price rose. OPEC will convene a meeting at Vienna on December 6, at which the market expected that the output reduction plan might be discussed to boost the oil price. WTI crude oil futures contract for the past few months closed at USD52.09 per barrel after a rise of 0.95%. Brent crude oil futures contract for the past few months closed at USD60.88 per barrel after a rise of 0.78%, indicating a price spread of USD8.79 per barrel with WTI.

(2018-11-28)
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