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Oil Prices Are Heading for Another Monthly Drop

2025-11-28 11:15
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Oil Prices Are Heading for Another Monthly Drop

Oil Prices Are Heading for Another Monthly Drop Bloomberg Fri, November 28, 2025 at 7:15 PM GMT+8 Oil headed for a fourth monthly loss, as traders looked ahead to an OPEC+ meeting this weekend and gau...

Oil Prices Are Heading for Another Monthly Drop Bloomberg Fri, November 28, 2025 at 7:15 PM GMT+8

Oil headed for a fourth monthly loss, as traders looked ahead to an OPEC+ meeting this weekend and gauged how a potential Ukraine peace deal may impact an oversupplied market. Brent steadied above $63 a barrel, after a modest advance on Thursday, as an outage on the Chicago Mercantile Exchange caused disruptions to markets across equities, foreign exchange, bonds and commodities. Bloomberg's Will Kennedy reports.

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