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Commodity: Oil remains stable on Friday

26/05/2023
Categories: Raw materials

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Oil remains stable as markets await clarifications on OPEC's next policy. Oil prices remained pretty much the same in early trading on Friday

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Markets are waiting for clarity on upcoming oil policy decisions by OPEC and its allies after conflicting messages made it difficult to predict the results of next week's meeting. Thus, Brent fell 4 cents to $76.22 per barrel at 0022 GMT, while the US West Texas Intermediate was up 9 cents, or 0.1%, to

$71.92 per barrel.
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