Oil prices make modest moves, attention turns to OPEC+ decision on crude output
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 27 2024
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Should l Buy ?
Source: MarketWatch
Market Reaction to Cease-Fire: Oil futures fluctuated as a cease-fire between Israel and Hezbollah reduced tensions, shifting focus to an upcoming OPEC meeting.
U.S. Inventory Data Impact: U.S. crude inventories fell less than anticipated, while gasoline and distillate supplies increased, with trading volume lower ahead of the Thanksgiving holiday.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
