Oil prices waver narrowly amid OPEC speculation

October 5, 2016 7:30 AM

Oil Prices bhglas.baNEW YORK, Oct. 4 (Xinhua) — Oil prices ended slightly lower Tuesday, as traders continued to assess the impact of a preliminary deal on output by the Organization of the Petroleum Exporting Countries (OPEC).
The West Texas Intermediate for November delivery fell 12 U.S. cents to settle at 48.81 dollars a barrel on the New York Mercantile Exchange, while Brent crude for December delivery decreased 2 cents to close at 50.87 dollars a barrel on the London ICE Futures Exchange.

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