Oil Prices Steady; Market Await OPEC Meeting Results
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Oil prices remained stable in early Asian trading as the market anticipates the outcomes of the upcoming OPEC meeting, according to ANZ research analysts.
November 28, 2024 | 2:00 am
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The United States Brent Oil Fund (BNO) may experience price stability in the short term as oil prices remain flat, with the market awaiting OPEC's next move.
BNO, which tracks Brent oil prices, is likely to see stability in its price as the overall oil market is currently steady. The anticipation of OPEC's meeting results suggests no immediate price movement until further announcements.
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