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Oil ends lower ahead of OPEC+ committee meeting, EU ban on Russian oil products

Por: MarketWatch Business January 27, 2023

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Price action Market drivers Oil traders aimed to book profits ahead of the end of month and took a “safe position” ahead of the an OPEC+ committee meeting and the Federal Reserve’s monetary policy decision both on Feb. 1, and the European Union’s ban on imports of Russian oil products on Feb. 5, said Phil Flynn, senior market analyst at The Price Futures Group. Read: Traders pulled back after WTI prices failed to move above the $82.66... + full article



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