Oil prices were stabilizing at the end of this week. The market attributed the OPEC+ ministerial meeting report to disagreements over the basic quotas of some members and not to a change of course by Saudi Arabia on its voluntary production cuts

The barrel of West Texas Intermediate (WTI), for delivery in January, fell by 0.52% to 76.70 dollars. Around 10:45 GMT (11:45 CET), the North Sea barrel of Brent, for delivery in the same month, gained 0.26% to 81.63 dollars. Prices are stabilizing after the recent turmoil related to OPEC” (the Organization of Petroleum Exporting Countries) and their allies (OPEP+), comment analysts at DNB. Prices initially reacted strongly to the decline, with investors interpreting the adjournment of the meeting as a sign of disagreements among group members