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Oil switched to news about a possible production reduction in 2019



Oil futures prices in New York rose by 0.6 percent, according to the New York-based Bloomberg agency. American & # 39; light & # 39; oil (WTI) for delivery in December increased by 37 cents to $ 62.58 per barrel on the New York Stock Exchange and the total trade volume was about 61 percent higher than the 100 day average.

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Brent crude oil for January delivery rose 76 cents to $ 72.89 per barrel on the ICE Stock Exchange in London after yesterday's 1.4 percent decline yesterday. OPEC ministers, who meet in Abu Dhabi this weekend, discuss options for 2019, which also include a production limitation scenario, representatives of the oil cartel say.

That, according to Bloomberg & # 39 ;, would have emphasized the fact that production has risen for six months.


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