Singapore - Sana
Oil prices fell today as investors awaited the OPEC Plus producers ’decision on whether to extend deep production cuts to balance global markets.
Reuters reported that Brent crude futures for January delivery fell $ 1.11, or 2.1 percent, to $ 47.17 a barrel, while U.S. West Texas Intermediate crude futures for January decreased 86 cents, or 1.9 percent, to $ 44.67 a barrel.
And the two benchmarks are still heading towards an increase of more than 20 percent since the beginning of November, the strongest monthly gain since May.