Oil Is Weighed Down Ahead of Cartel Meeting—Energy Journal

Dec 05, 2018 - MoneyBeat

Good morning. I’m Neanda Salvaterra, with today’s energy mix. Oil prices are weighed down by investor concerns about whether the upcoming meeting of major oil producers will successfully address a supply overhang in the market. Meanwhile, some OPEC members are displeased with Saudi Arabia’s deepening alliance with non-cartel member Russia. Elsewhere, China weighed in on the trade cease-fire with the U.S. and the negotiations that are set to follow.

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