Crude oil market inched higher on potential OPEC+ production adjustments
Crude oil market inched higher on potential OPEC+ production adjustments
International benchmarks for crude oil settled slightly higher on Monday, 22 November 2021 on reports that OPEC+ could adjust production plans if major oil consuming countries release reserves and the COVID-19 outbreak in Europe worsen.
Brent gained 81 cents to close at $79.70/barrel.
WTI increased 81 cents to close at $76.75/barrel.