Oil creeps lower ahead of more cues on OPEC, debt ceiling talks


Investing.com-- Oil prices retreated in Asian trade on Friday, extending a sharp drop from the prior session as traders awaited more clarity on the OPEC’s plans for future production cuts, while concerns over the U.S. debt ceiling kept markets on edge.
Crude markets suffered steep losses on Thursday, falling nearly 3% and trimming most of their gains this week after Russian…

This story appeared on investing.com, 2023-05-26.
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