Today Crude Oil News

  • Crude Oilseesaw as OPEC meeting enters the spotlight
  • The bar seems set somewhat high for upside output cut surprise
  • Gol Prices may get boost as bond yields fall in risk-off trade

Commodities made little headline yesterday with US markets shuttered for a national day of mourning following the death of former President George H.W. Bush. Another intraday rally in crude oil prices failed to find follow-through, with the WTI contract erasing early gains to settle little-changed. Gold prices drifted sideways, echoing a similarly non-committal US Dollar.

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