London: Oil prices steadied today, as markets evaluated the potential effects of a ceasefire agreement between Lebanon and the Israeli entity, in anticipation of the upcoming OPEC+ meeting scheduled for Sunday. According to Oman News Agency, Brent crude futures saw a minor decrease, falling 2 cents to settle at $72.79 per barrel. Meanwhile, US West Texas Intermediate crude futures recorded a marginal drop of 4 cents, or 0.1 percent, bringing the price to $68.73 per barrel. OPEC+, which comprises the Organization of the Petroleum Exporting Countries and its allies, is considering a further postponement of an anticipated oil output increase that was originally set to commence in January 2025. This discussion comes ahead of a decisive meeting on December 1, where the group will determine their policy for early 2025.
Related Articles
Wheat Cultivation in Najd Exceeds 6,000 Acres
Dhofar: The total area cultivated with wheat in the Najd agricultural region in the Dhofar Governorate has reached approximately 6,400 acres across 52 farms, with an expected production of 6,000 tons for the 2024/2025 season.
According to Oman News …
The occupation prevents ambassadors and consuls of the world from seeing its violations in Hebron
HEBRON – Ma’an – The Hebron Governor’s Office said that the occupation authorities prevented diplomats accredited to the State of Palestine from entering the Ibrahimi Mosque area in the city of Hebron.
About 30 ambassadors, heads of missions and int…
The occupation prevents Red Crescent crews from entering Jenin camp
Jenin – Ma’an Special – The Director of Ambulance and Emergency at the Palestinian Red Crescent in Jenin, Mahmoud al-Saadi, told Ma’an’s correspondent that the occupation is preventing ambulances from entering to deliver medical and humanitarian aid t…