Crude Oil Prices Traded In Range As Investors Shrugged Off The Outcome

Crude oil trading range for the day is 3254-3324.

Crude oil prices traded in range as investors shrugged off the outcome of an OPEC-led meeting in which oil producers failed to reach a decision.

As was widely expected, members of the OPEC and other major producers failed to reach a decision to extend output cuts beyond March 2018.

Russia’s energy minister suggested that January is the earliest date that an extension to the global accord can be considered.

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