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Crude Oil Jan 21 (CL=F)

NY Mercantile - NY Mercantile Delayed Price. Currency in USD
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45.17-0.36 (-0.79%)
As of 6:03PM EST. Market open.
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Pre. SettlementN/A
Settlement date2020-12-21
Last price45.53
Day's range45.12 - 45.42
  • OPEC+ yet to find compromise on oil policy for 2021, say sources

    OPEC+ yet to find compromise on oil policy for 2021, say sources

    OPEC and allies led by Russia have yet to find a consensus on oil output policy for 2021, after an initial round of talks on Sunday and ahead of crucial meetings on Monday and Tuesday, four OPEC+ sources told Reuters. OPEC+, a grouping comprising members of the of Organization of the Petroleum Exporting Countries, plus Russia and others, had been due to ease production cuts from January 2021, but a second coronavirus wave has reduced demand for fuel around the world. OPEC+ is now considering rolling over existing cuts of 7.7 million barrels per day, or around 8% of global demand, into the first months of 2021, sources have said.


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