Oil prices drop as OPEC+ members meet today

Category: Economy

Date: 2020-08-19T07:09:26+0000
Oil prices drop as OPEC+ members meet today

Shafaq News/ Crude Oil prices dropped, Wednesday, at London’s trading session Nairametrics reported.

 

This follows growing concerns over energy demand from the world’s biggest economy, amid delayed talks on the post-COVID-19 economic stimulus package.

 

With Crude oil traders keeping one eye on a key OPEC+ meeting scheduled later today, Brent crude futures dropped about 0.75% to trade at  $45.12 a barrel as of 05.37 am GMT. Similarly, the West Texas Intermediate futures also lost about 0.61% to trade at $42.63 per barrel.

 

 


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