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OPEC ‘stuck between a rock and a hard place’ as planned meeting delayed (NYSEARCA:XLE)

News RoomBy News RoomNovember 30, 2024
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Nov. 29, 2024 5:50 PM ETThe Energy Select Sector SPDR® Fund ETF (XLE), USOUCO, FCEL, FRO, BTU, GOGL, UGI, DBO, UNG, FCG, USL, SCO, UNL, BNO, CTGO, BOIL, KOLD, GUSH, DRIP, USOI, CO1:COM, NG1:COM, CL1:COM, GWH, NRGV, ASPI, ICONBy: Carl Surran, SA News Editor

Crude oil futures fell Friday after a ceasefire agreement between Israel and Iran-backed Hezbollah eliminated much of the remaining risk premium around a wider Middle Eastern conflict, and as speculation rose around OPEC’s production plans.

Israel and Lebanon accused each

The post OPEC ‘stuck between a rock and a hard place’ as planned meeting delayed (NYSEARCA:XLE) appeared first on FeeOnlyNews.com.

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