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Oil Holds Steady As OPEC Meets To Talk Slipping Compliance

Safi Bello

OilPrice.com ------- Oil prices were steady early on Monday morning, searching for a catalyst for direction while OPEC is holding a meeting of its Joint OPEC-Non-OPEC Technical Committee (JTC), which monitors the cartel and friends’ compliance with the output cuts. At 9:15am EST, WTI was at US$48.42 and Brent was at US$52.47. Two weeks ago, OPEC held a meeting with some of the producers and cited its members Iraq and the UAE, as well as non-OPEC signatories to the deal Kazakhstan and Malaysia, as laggards in compliance. To learn more click on the picture below to read the article.

Oil Holds Steady As OPEC Meets To Talk Slipping Compliance - Read More at OilPrice.com

 
 
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