Crude prices retreat as US stimulus hopes fade, OPEC+ quota cuts loom

Crude prices retreat as US stimulus hopes fade, OPEC+ quota cuts loom
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22.10.2020

MOSCOW (MRC) -- Oil futures settled lower Oct. 19 as overnight optimism that the White House and congressional Democrats could reach a deal on stimulus spending faded in afternoon trading, reported S&P Global.NYMEX November WTI settled 5 cents lower at USD40.83/b, and ICE December Brent was down 31 cents at USD42.62/b.Oil futures had been holding around even in early US trading but began

Full article at mrcplast.com

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