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Oil prices static in holiday trade

Nov. 23, 2017 9:07 AM ETUCO, USO, OIL-OLD, DBO, USL, DTO, OLO-OLD, SCO, DNO, BNO, OILX, OILK, UWT, DWT, WTID-OLD, WTIU-OLD, USOI, SZOXF, OILBy: Yoel Minkoff, SA News Editor20 Comments
  • Crude prices are little changed as uncertainty weighs in ahead of next week's meeting between OPEC and Russia in Vienna.
  • So far their output cut agreement has been seen as a factor in stabilizing the oil market, but Russia's oil companies have been complaining loudly because higher crude prices have helped the U.S. shale industry ramp up production.
  • Crude futures flat at $58.02/bbl.
  • ETFs: USO, OIL, UWT, UCO, DWT, SCO, BNO, DBO, DTO, USL, DNO, OLO, SZO, OLEM, OILK, WTIU, OILX, WTID, USOI

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